Prime Energy turned up the volume on the case for indigenous natural gas as the Philippines locked in a new, coordinated push on energy security, sealing a rare public-private pact to power the country through the energy transition.
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
Basic Energy Corp. said it has secured the Department of Energy has cleared the way for the pre-development of its planned solar venture in Bolinao, Pangasinan, following the issuance of a Certificate of Authority.
The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
Alabat Wind Power Corp., a unit of listed renewable energy innovator Alternergy Holdings Corp., received the first two units of the largest wind turbines to be installed in the Philippines.
The Department of Agriculture (DA) and Davao-based Abante Agri-Products Philippines Inc. have shipped 32,000 fresh young coconuts (buko) to Monrovia, Liberia, marking a milestone that could unlock new West African export opportunities for Philippine agriculture.
The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.
Citi expects 2026 to mark a record year for investment banking across Southeast Asia, as accelerating mergers and acquisitions (M&A), artificial intelligence-related financing and capital-market fundraising drive deal activity, with the Philippines among markets accessing international debt investors.
Ten public health and tobacco control organizations have urged the Department of Trade and Industry (DTI) to strengthen enforcement of restrictions on nicotine product promotions, alleging repeated violations involving IQOS and ZYN sponsorships of entertainment and cultural events.