Tag: Energy Regulatory Commission

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SMC tops AEV installed power under new ERC capacity limits

The Energy Regulatory Commission (ERC) has formally set the 2025 national and regional power capacity limits, reaffirming its regulatory oversight of the Electric Power Industry Reform Act (EPIRA) of 2001.

ERC declares COA national agency champion for net metering

More participants are seen joining the so-called net-metering program as the Energy Regulatory Commission (ERC) recognized the Commission on Audit (COA) a national agency...

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7-Eleven Philippines targets 5,000 stores despite bottlenecks

7-Eleven Philippines is pressing ahead with its expansion toward more than 5,000 stores by year-end, even as permitting delays and power availability threaten to slow the pace of new openings.

Shell Pilipinas demonstrates operational resilience amid first-half inventory and margin pressures 

Shell Pilipinas Corp. maintained uninterrupted energy supply and robust trade operations across the Philippines through the first half of the year, even as severe global market volatility and inventory holding losses led to a net loss of P1.9 billion.

Monsoon rains dampen 7-Eleven sales; company eyes long-term growth amid challenges 

Philippine Seven Corp. (PSC), the operator of 7-Eleven convenience stores in the country, has reported a significant dip in sales, by as much as 20 percent, attributed to the incessant monsoon rains experienced over the past two weeks. Despite a strong performance up until July, bolstered by its annual "7-11 day" promotion, the company acknowledges the sensitivity of its sales to adverse weather conditions.

Habagat, TCs Luis & Maymay damage to agriculture sector reaches P1.42B

The Department of Agriculture (DA) reported a P1.42 billion damage to the agriculture sector due to the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis and Maymay, as of August 17. This figure rose from P1.03 billion earlier that day.

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