Tag: ERC

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ERC adopts dispute resolution policy to speed up energy sector spats

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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Petron buys Russian crude, revives offer to sell firm back to government

Petron Corp. has procured 2.48 million barrels of crude oil from Russia to secure fuel supply in the country until June 2026, the company said.

STI warns of slower enrollment amid Middle East conflict

STI Education Systems Holdings Inc. expects student enrollment to decline further as the ongoing conflict in the Middle East affects Filipino families’ finances, its chairman Eusebio H. Tanco said.

DOE to fast-track 22 renewable energy projects adding 1,471 MW next month

The Department of Energy (DOE) plans to speed up the entry of 22 renewable energy (RE) projects that will add about 1,471 megawatts (MW) of power to the grid by next month.

Fuel Prices Still Set to Rise, but Slower for Gasoline and Kerosene

Fuel prices in the Philippines are expected to increase again this week, marking a fourth straight hike, according to an industry source. The adjustments are likely to take effect on Tuesday.

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