MANILA — The Department of Energy said Japan and the Philippines have agreed to strengthen their energy security cooperation, with Tokyo pledging to support Manila in building its first strategic petroleum reserve system.

MANILA, Philippines – Robinsons Land Corp. (RLC) is looking to expand rooftop solar installations across its mall network as the property developer ramps up efforts to increase its use of renewable energy.

Nomura Holdings Inc., a Japanese investment and brokerage giant, has significantly downgraded its economic outlook for the Philippines as the nation struggles with energy security vulnerabilities and mounting inflationary pressures.

The National Transmission Corporation (TransCo) has joined the University of Santo Tomas (UST) Faculty of Engineering External Advisory Committee (ExACom), strengthening industry-academe collaboration aimed at aligning engineering education with the evolving needs of the Philippine energy sector.

The Energy Regulatory Commission (ERC) on Tuesday floated the possibility of tweaking power reserve requirements to better respond to demand spikes following the series of rotating brownouts experienced in Luzon and the Visayas grids in recent weeks.

FOLLOWING the rotating brownouts in several provinces and Metro Manila, the Energy Regulatory Commission (ERC) is planning to update the country’s power reserve requirements.

The Energy Regulatory Commission (ERC) will recommend extending the suspension of the collection of the Green Energy Auction Allowance (GEA-All) beyond June if sufficient funds are available to cover the deferred charges, a top official said Tuesday.

THE DEPARTMENT of Energy (DoE) is planning to resume the coal auction, which includes Semirara island operated by the country’s largest coal producer, by the middle of this year, the Energy chief said.

MANILA – Publicly listed Aboitiz Equity Ventures, Inc. (AEV) has received a foreign currency long-term issuer rating of “A-” with a stable outlook, backed by its diversified portfolio, disciplined capital allocation strategy, and resilient earnings profile.

The Department of Energy (DOE) is planning to conduct geological surveys aimed at gathering data on the country’s oil and gas resources to entice investments in the exploration of indigenous energy sources.