Yuchengco-led PetroEnergy Resources Corporation (PERC) reported a 29.9% decline in consolidated net income to PHP 618.33 million in 2025 from PHP 881.41 million in 2024, as higher financing costs and weaker oil revenues offset gains from its expanding renewable energy portfolio.

The Land Bank of the Philippines said it can finance up to 90% of project costs for electric cooperatives, as it steps up support for power sector investments aimed at strengthening energy security.

First Gen Corp., the renewable energy company controlled by the Lopez family, expanded its footprint in the Philippine retail electricity market after securing new supply agreements with Ayala-led Globe Telecom Inc.

The Energy Regulatory Commission (ERC) has ordered the Manila Electric Company (Meralco) to refund the remaining balance of P14.17 billion to its customers, following the completion of its regulatory process for the distribution charges implemented from July 2022 to December 2024.

The Energy Regulatory Commission (ERC) has formalized a partnership with the Philippine Energy Research and Policy Institute (PERPI) to deepen data-driven policymaking and regulatory research, as the Philippines navigates increasingly complex energy sector challenges.

The Energy Regulatory Commission and Philippine Information Agency (PIA) have signed a Memorandum of Understanding (MOU) to expand consumer education/awareness on energy policies, electricity rates, and consumer rights.

Philippine banks are being urged to tighten policies and accelerate a shift toward renewable energy, as watchdog groups warn that continued financing for coal and gas leaves the country exposed to volatile global fuel prices.

The Department of Energy (DOE) has moved to reassure Catanduanes of continued electricity supply, as the island’s diesel-dependent power system continues to face fuel logistics pressure and financial constraints that have previously triggered warnings of possible service disruptions.

LONDON — The lack of agreement on extending the US-Iran ceasefire raises fears of new strikes on Middle East energy infrastructure, which has been damaged in the war and needs tens of billions of dollars worth of repairs.

ACEN is pivoting toward disciplined growth after a period of rapid expansion, reporting stronger financial metrics while signaling a sharper focus on execution.