Tag: ERC

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ERC adopts dispute resolution policy to speed up energy sector spats

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has adopted the Alternative Dispute Resolution (ADR) Policy and Manual to create a more efficient and accessible framework for resolving disputes in the energy sector. This development, formalized through Resolution No. 5, Series of 2025, will enable consumers and regulated entities to resolve conflicts through non-judicial methods such as negotiation, mediation, and arbitration, ensuring a faster, cost-effective, and impartial resolution process.

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Power, toll roads lift MPIC earning in first quarter

Corporate 0
Metro Pacific Investments Corp. reported a 5 percent increase in first-quarter income to P6.9 billion from P6.6 billion a year ago, despite higher energy prices and global market volatility.

SPC Power sets P3-B capex for battery, solar expansion

Energy & Mining 0
SPC Power Corp. has set aside P3 billion in capital expenditures for 2026 to support the development of battery energy storage system (BESS) and solar power projects.

AirAsia X orders150 Airbus A220 jets  in $19 billion deal

Transport & Logistics 0
AirAsia has signed a deal with Airbus to buy 150 A220-300 aircraft in an agreement valued at about $19 billion at list prices. The airline also has the option to increase the order to 300 aircraft in the future, making it the largest single firm order globally for the A220 model.

ASEAN to address Middle East crisis spillover

Trade & Investments 0
ASEAN leaders are expected to issue a unified statement on the Middle East at the 40th ASEAN Summit tomorrow, outlining both a regional position and a framework for addressing future crises, Foreign Affairs Secretary Ma. Theresa Lazaro said.

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