Energy & Mining
Senator Gatchalian pushes zero-interest EV loans, incentives
Senator Sherwin Gatchalian on Monday pushed a new package of non-fiscal incentives, including zero-interest loans, to accelerate the country’s transition to electric vehicles (EVs), citing risks from heavy dependence on Middle East oil.
PCC flags barriers, pushes power market reforms
The Philippine Competition Commission (PCC) has raised concerns over structural and operational barriers that continue to dampen genuine competition in the country’s retail electricity market, following a strategic policy dialogue with the Independent Electricity Market Operator of the Philippines (IEMOP).
Fuel prices to rise again despite assured supply — DOE
Fuel prices in the country are expected to increase again this week, driven by global oil market pressures linked to ongoing conflict in the Middle East.
Nickel Asia unit secures P9.36B loan for Leyte solar project
A renewable energy unit of Nickel Asia Corporation has secured ₱9.36 billion in financing for a solar power project in Leyte.
IEA urges action to curb oil demand
Governments, businesses, and households must act quickly to reduce oil consumption as markets remain under strain, the International Energy Agency said, outlining a set of urgent measures to ease pressure on supply and prices.
