Fuel price rollback set on March 18
MANILA, Philippines – Motorists will be greeted with another round of petroleum price rollbacks beginning March 18, marking the third consecutive week of price drops. In separate advisories on Monday, Seaoil and Shell Pilipinas said the per-liter prices of diesel and kerosene would dip by 20 centavos and 40 centavos, respectively.
Philippines Launch Major 9 GW Energy Auction for 2029
The Department of Energy of the Philippines (DOE) has just launched the fourth cycle of renewable energy auctions, known as the Green Energy Auction 4 (GEA-4), aimed at awarding precisely 9,378 MW of new ground-mounted solar, onshore wind capacities, and integrated battery storage solutions. This new initiative is part of a series of successive auctions […]
Meralco sees higher power sales this year
MANILA, Philippines — Power giant Manila Electric Co. (Meralco) still expects modest growth in energy sales this year despite the absence of the El Niño phenomenon that fueled consumer demand in 2024.
Philippines opens tender for 9.4GW of renewable energy and storage
The Philippines Department of Energy (DOE) has started an auction scheme for renewable power paired with storage which aims to tender over 9GW of capacity.
Meralco rate increases as refund ends, transmission costs up
MANILA – Customers of the Manila Electric Company (Meralco) will see higher electricity bills this month as the company announced Tuesday an increase of PHP0.2639 per kilowatt hour (kWh). This brings the total electricity rate to PHP12.2901 per kWh from PHP12.0262 per kWh in February.
Vitol agrees deal to ship more than 100 LNG cargoes into the Philippines
Trader and shipowner Vitol has sealed an agreement to supply the Philippines with more than 100 LNG cargoes over 10 years. The company said it had signed a long-term gas supply deal with LNGPH, backed by South Premiere Power Corporation (SPPC) and Excellent Energy Resources Inc (EERI).
Rooftop Solar Will Deliver 2,700MWh Annually to Steel Manufacturer in Philippines
Filipino rebar producer SteelAsia Manufacturing Corp. will decarbonize part of its Bulacan operations with a new 1.9-MW rooftop solar photovoltaic system. The 3,200 solar modules commissioned by TotalEnergies ENEOS are capable of generating 2,700 MWh of renewable electricity annually. The solar output will cut energy costs for SteelAsia at its Meycauyan, Bulacan facility while also […]
Big-time price rollback for gasoline, kerosene on March 11
MANILA – For two consecutive weeks, oil firms will slash pump prices effective March 11, with biggest cuts on gasoline and kerosene prices. In separate advisories, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil, and Shell said they will reduce gasoline prices by PHP1.70 per liter and 90 centavos per liter for diesel.
