Energy
Leviste to raise over P34b from SPNEC shares
Congressman-elect Leandro Legarda Leviste has entered into agreements to divest most of his shares in SP New Energy Corporation (SPNEC) before assuming office on June 30, 2025.
Solar group seeks GEA overhaul
The Philippine Solar and Storage Energy Alliance (PSSEA) on Tuesday expressed strong optimism over the appointment of DOE officer-in-charge Sharon Garin, citing her familiarity with the agency’s operations and stakeholders as a reassuring move for renewable energy investors. PSSEA Chair Theresa Cruz-Capellan lauded the continuity in leadership, emphasizing the need for predictable policy and regulatory environments.
Pump prices set to rise despite crude softening
Domestic oil players remain in a “wait and see” mode as geopolitical tensions, particularly between Israel and Iran, continue to inject uncertainty into global fuel markets.
Staggered oil price hikes begin this week, DOE says
Motorists are bracing for significant fuel price hikes this week, but the Department of Energy (DOE) has secured a staggered implementation of the adjustments to help ease the impact on consumers.
DOE launches OSW permitting guidebook
The Department of Energy (DOE), in partnership with the Southeast Asia Energy Transition Partnership (ETP), has launched the Compendium: Guidebook to Permitting and Consenting for Offshore Wind Energy in the Philippines. The guidebook aims to streamline the complex permitting process currently involving over 80 permits across more than 25 government agencies.
