Tag: Department of Energy

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Fuel prices to drop again, offering relief to motorists

Motorists could see another round of fuel price reductions as early as next week, marking the second consecutive week of price rollbacks. According to local fuel stakeholders, the price drop will likely apply to all petroleum products, including gasoline, diesel, and kerosene.

Luzon grid under yellow alert amid power shortage

The Luzon Grid was placed under yellow alert from 5 to 7 p.m. on Wednesday, marking the first instance this year as the National Grid Corporation of the Philippines (NGCP) warned of strain on the region's power supply.

DOE urges efficient energy use to prevent grid strain as temperatures rise

The Department of Energy (DOE) is urging households, businesses, and government institutions to adopt energy-efficient practices as the summer season approaches to help manage electricity consumption and maintain grid stability.

ICSC delivers 60 kWp solar project to Guiuan, Samar

The Institute for Climate and Sustainable Cities (ICSC) has handed over a 60 kilowatt-peak (kWp) on-grid hybrid photovoltaic system to the municipality of Guiuan, Eastern Samar.

China proposing its own nuclear power agreement with Manila

China has offered the Philippines an opportunity to capitalize on its technology either to revive the mothballed Bataan Nuclear Power Plant (BNPP) or build a new small modular nuclear reactor (SMR).

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Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

Data-driven lending seen widening credit access for small entrepreneurs

Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.

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