OPEC+ Extends Oil Output Pause into March 2026
OPEC+ alliance, including Saudi Arabia and Russia, decides to continue pausing monthly oil production increases in March 2026, citing seasonal factors and market uncertainty.
OPEC+ alliance, including Saudi Arabia and Russia, decides to continue pausing monthly oil production increases in March 2026, citing seasonal factors and market uncertainty.
The Alliance of Concerned Consumers in Electricity and Social Services expresses strong support for amendments to the Magna Carta for Household Electricity Consumers and EPIRA, citing lower bills and enhanced protections for Filipino consumers.
Pilipinas Shell, PetroGazz, Cleanfuel, Seaoil, and Caltex announce significant fuel price increases effective February 2, 2026, with diesel rising by P1.60 per liter, gasoline by P0.80, and kerosene by P1.10.
Negros Electric Power Corporation intensifies its information, education, and communication campaign with Bacolod City vendors to enhance consumer awareness on electricity rights and services.
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RecommendedMayor Toto Reyes confirms Samal City's readiness for the electric service transition, citing decades of reliability issues. Davao Light has secured a court writ to take over operations.
Philippine oil prices could increase by up to PHP1.50 per liter next week due to overseas supply disruptions from geopolitical tensions, winter storms, and sanctions.
The House Committee on Legislative Franchises launches a motu proprio investigation into Solar Para sa Bayan Corporation's franchise, citing alleged violations of law and consumer protection concerns raised by lawmakers.
Davao Light and Power Co. obtains Writ of Possession for Island Garden City of Samal distribution system under RA 12144, marking key expansion milestone amid rate adjustments and legal challenges.
Davao Light's P2.00 per kWh electricity rate increase faces criticism for lack of transparency. Consumers demand plain language explanations instead of technical jargon.
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RecommendedThe strict dress code at Basilica Minore del Santo Niño de Cebu has turned into a business opportunity for candle vendors, who now rent clothes to visitors denied entry.
The Energy Regulatory Commission authorizes Davao Light to begin operations in Davao del Norte and Davao de Oro under provisional CPCN, countering Nordeco's claims of uncertainty as legal challenges and power rate increases draw attention.
The Visayas region, including Negros Island, is projected to experience frequent yellow alert conditions in 2026 due to rising electricity demand outpacing supply, warns consumer group Access.
Gasoline, diesel, and kerosene prices will increase by up to PHP1.40 per liter on Tuesday due to supply constraints and geopolitical issues, continuing a trend of weekly hikes since the start of the year.
Pilipinas Shell, Seaoil, Cleanfuel, and Caltex announce a significant fuel price increase effective January 27, 2026, with diesel rising by P1.40 per liter, gasoline by P.40 per liter, and kerosene by P.80 per liter.
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RecommendedNordeco cautions consumers not to transfer electricity service to Davao Light, citing provisional authority and ongoing Supreme Court review of franchise expansion.
The Department of Energy has identified several locations, including Bataan and Palawan, as potential sites for future nuclear power plants, targeting operational plants by 2032.
The Department of Energy predicts diesel and kerosene price increases next week, with diesel up P0.80/liter and kerosene P0.45/liter, while gasoline may dip slightly.
Oil prices in the Philippines are projected to rise by up to P1.40 per liter next week due to supply concerns from Kazakhstan and Black Sea constraints, marking consecutive weekly hikes.
The Davao Consumer Movement criticizes Davao Light's recent P2/kWh power rate increase, questioning transparency and the impact of expansion projects on rising bills.
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RecommendedDavao City Council passes resolution urging PSALM to maintain power supply contract with Davao Light, warning that reduction could increase electricity rates by 50 centavos per kWh.
Jetti Petroleum President Leo Bellas warns of another oil price increase next week, with diesel rising PHP1.20-1.40/liter and gasoline PHP0.30-0.50/liter due to tight supply conditions.
The Alliance of Concerned Consumers in Electricity and Social Services joins calls for a transparent energy plan in the Visayas, citing DOE projections of a potential power shortage by 2026.
Property giant Megaworld enters the MICE sector with the P1.5-billion Mactan Expo convention center in Lapu-Lapu City, Cebu, set to host ASEAN Summit events starting January 2026.
A new round of oil price increases is now in effect, with gasoline up by P1.00 per liter, diesel by P2.00, and kerosene by P1.50. The Department of Energy cites tensions in Iran and the peso's depreciation against the US dollar as key factors driving the
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RecommendedMajor oil companies announce a significant P2 per liter rollback for diesel in Cebu, effective Tuesday. Get the latest fuel price updates and market analysis here.
BDO anchors a ₱50-billion loan for Prime Infra's major stake in First Gen's gas assets, boosting the Philippines' energy security and clean power transition. Read the full story.
Oil companies announce a significant fuel price increase effective January 20, with diesel up PHP2/liter. This marks the fourth consecutive weekly hike, driven by overseas supply concerns. Learn the full details and impact.
Filipino motorists face a significant fuel price increase starting January 20. Diesel, gasoline, and kerosene prices are all set to rise. Learn how this will impact your budget.
President Marcos announces a major natural gas discovery, Malampaya East One, boosting PH energy security. The find can power 5.7 million households annually.
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RecommendedDavao City residents face soaring electricity rates at P11.72/kWh due to high WESM prices and new gov't charges. Learn why transmission cost cuts weren't enough and get energy-saving tips.