The Department of Energy (DOE) has moved nine renewable energy (RE) project bids to the next phase of evaluation under the fifth round of its Open and Competitive Selection Process (OCSP5), narrowing down submissions for potential contract awards.

Energy Secretary Sharon Garin said the government has signed two new petroleum service contracts (PSCs) for oil, gas and hydrogen exploration to strengthen the country’s energy security against global market volatility.

Even if the war in the Middle East de-escalates, the Department of Energy (DOE) has been hit with a cold, hard truth for motorists: oil prices would remain elevated and may ease at a slower pace compared to their quick rise.

The Asian Development Bank (ADB) today announced that it has launched a multi-partner trust fund aimed at accelerating project preparation for cross-border energy infrastructure under the ASEAN Power Grid initiative.

The Department of Energy (DOE) said the Philippines has sufficient fuel supply to last through the latter half of May, even as global oil market disruptions continue to push domestic prices upward.

The country is expecting the arrival of 900,000 barrels of diesel in the country this month, of which 300,000 barrels will arrive on Friday, the Department of Energy (DOE) said on Tuesday.

The Energy Regulatory Commission (ERC) has commenced evidentiary hearings on the rate application of Manila Electric Company (Meralco), a case that will determine future electricity distribution charges for its customers.

POWER CONSUMERS in the competitive retail electricity market (CREM) saved about P4.23 billion last year compared to those still captive to their distribution utilities (DUs), according to the Philippine Electricity Market Corp. (PEMC).

Malacañang has warned that individuals purposefully spreading false information about the country’s energy situation may face legal action, as the government adopts a “zero tolerance” stance against disinformation amidst the ongoing energy emergency.

Pasig City has taken a major step toward sustainability by signing a long-term agreement with ACEN Renewable Energy Solutions to shift its electricity supply entirely to renewable sources. The partnership was formalized under the Green Energy Option Program, a government initiative that allows large electricity users to choose clean energy over conventional fossil fuel-based power.