PBBM, Putin to Discuss Floating Nuclear Power Plant
President Ferdinand Marcos Jr. and Russian President Vladimir Putin may discuss building a floating nuclear power plant in the Philippines, as the country aims to enter nuclear energy.
Category : Energy Sector
Oil Prices to Drop by Up to P9.50 per Liter Next Week
Oil prices are expected to roll back significantly next week, with diesel dropping by up to P9.50 per liter and gasoline by P5, due to the US-Iran peace agreement reopening the Strait of Hormuz.
Marcos: PH to Formalize Oil Deal with Russia
President Marcos announced plans to formalize oil arrangements with Russia to enhance energy security amid global volatility and geopolitical tensions.
NGCP Cuts Transmission Rates by 9.33% in June 2026
NGCP announced a 9.33% reduction in transmission rates for June 2026, lowering costs to PhP1.4492/kWh due to decreased wheeling and ancillary services charges.
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Sorotec Philippines Brings Global Energy Solutions to Local Market
Sorotec Philippines, in partnership with DMGC Group, introduces Shenzhen Soro Electronics' trusted energy solutions including solar storage and telecom power systems to the Philippine market.
Mindanao Grid Yellow Alert: Need for Power Investments
The Mindanao grid's Yellow Alert on June 10, 2026, signals urgent need for new power investments to avoid future brownouts, says Davao Consumer Movement.
DOE: Mixed Oil Price Adjustment Expected Next Week
The DOE projects a mixed oil price adjustment next week: gasoline may increase by up to P0.50/L, while diesel and kerosene may decrease by P3-P5/L and P2-P3/L, respectively.
Davao Water PPP Model Highlighted at Cebu Summit
The Davao City Bulk Water Supply Project, a PPP between Apo Agua and DCWD, supplies 300 million liters daily to over 1 million residents and generated P15.5 billion in investments.
Visayas Grid Under Yellow Alert as 985 MW Stay Offline
The Visayas power grid is under Yellow Alert due to tight reserves, with ten generating units offline. Imports from Mindanao and Luzon prevent rotational brownouts, but risks remain.
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National Fuel Stockpile Won't Burden Gov't, MIC to Fund
Energy Secretary Sharon Garin says the planned national fuel stockpiling system will be funded by Maharlika Investment Corp. and other investors, not the government.
Luzon, Visayas Grids Normal After Alerts Lifted
The Luzon and Visayas power grids have returned to normal operations after red and yellow alerts were lifted, with sufficient capacity and stable supply expected over the weekend.
Asean Business Council Urges Oil Exploration, Supply Chain Resilience
Asean Business Advisory Council calls for more oil exploration and stronger regional cooperation on fuel, food, and fertilizer supply chains amid geopolitical tensions.
Davao Cops Nabbed in Opol Mineral Ore Bust
Two active police officers from Davao Region were among six arrested in Misamis Oriental for transporting P290,000 worth of suspected mineral ores without permits.
178M Liters of Diesel Arrive in PH to Stabilize Supply
The Department of Energy announced the arrival of 178 million liters of diesel to stabilize fuel supply amid Middle East tensions, completing four shipments under EO 110.
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Big Diesel, Kerosene Price Rollback; Gas Up Slightly
DOE announces diesel down P12.94/L, kerosene down P15.71/L, gasoline up P0.53/L. Prices vary by station location.
Visayas Power Demand Outpaces Supply, Leaders Warn
Energy leaders in the Visayas warn that rising electricity demand outpaces new power projects, requiring urgent collaboration and investment to secure the region's energy future.
Fuel Surcharge Jumps to Level 19 as Oil Prices Soar
The Civil Aeronautics Board has increased fuel surcharges dramatically for April 16-30, with domestic flight fees rising from PHP253-787 to PHP627-1,824 due to Middle East instability.
CAB Raises Fuel Surcharges to Level 19 for Air Travel
The Civil Aeronautics Board has increased passenger fuel surcharges to Level 19 for late April, significantly raising domestic and international flight costs due to Middle East tensions affecting fuel prices.
PISTON: Oil Price Rollback Still Too Low After Middle East War
PISTON's national president Mody Floranda states that recent oil price cuts are inadequate compared to pre-war levels, with drivers earning only P200 in 18 hours. The group plans nationwide transport strikes from April 15-17, 2026, demanding government ac
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Gov't Sets Oil Price Adjustment Limits Amid Energy Emergency
The Philippine government enforces new rules capping price adjustments for petroleum products, requiring oil firms to follow minimum rollbacks and maximum increases to ease consumer burden during the national energy emergency.
DOE Launches Weekly Energy-Saving Campaign
The Department of Energy initiates a weekly power-saving drive, encouraging households and businesses to turn off lights and unplug appliances every Saturday night to reduce electricity demand.
Oil Prices Jump 5% as US-Iran Ceasefire Tensions Flare
Global oil prices surged more than 5% on Monday after fears of a broken US-Iran ceasefire reignited, with Brent crude hitting $95.46 and WTI at $88.89 per barrel amid Strait of Hormuz disruptions.
Gov't Orders Oil Firms to Follow Price Adjustment Caps
The Philippine government has directed oil companies to comply with newly set minimum and maximum limits on fuel price adjustments, as announced by Energy Secretary Sharon Garin following President Marcos Jr.'s executive order declaring a state of nationa
DOE to Lift Coal Plant Moratorium Amid Oil Crisis
The Department of Energy is open to new coal-fired power plants with cleaner technology and transition plans to address energy security during the Middle East-driven oil supply crisis.
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Oil Firms Face Fines, Jail for Violating Price Cap – DOE
The Department of Energy warns oil companies that non-compliance with government-mandated price adjustments could result in severe penalties, including fines up to P300,000 and imprisonment from three months to one year.
Oil Prices Surge After Iran-US Naval Incident Escalates Tensions
Crude oil prices jumped sharply after the US Navy fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman, with Iran threatening retaliation and supply disruptions affecting the Strait of Hormuz.
DOE Price Control Better Than Oil Firms, Says Lacson
Senator Panfilo Lacson argues that the Department of Energy should regulate fuel prices in the public interest, amid rising costs and Middle East tensions affecting sectors like transport and agriculture.
Senators Back DOE Fuel Price Limits in Energy Emergency
Key senators express support for the Department of Energy's proposal to set minimum and maximum fuel price adjustments during the state of national energy emergency, citing regulatory necessity and public protection under existing laws.
Philippines Could Become Major SAF Producer and Exporter
A new report reveals the Philippines has enormous potential to produce and export sustainable aviation fuel, with projections of 1.1 million barrels daily by 2030, driven by strong aviation demand and abundant agricultural waste materials.
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Aboitiz Renewables Recognized as Top Taxpayer in Bukidnon
Aboitiz Renewables, Inc. received a plaque of recognition from the Municipality of Manolo Fortich for its consistent tax contributions in 2025, supporting local development programs in Bukidnon.
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