Philippines

Philippines

Petron secures 2.5M barrels of Russian crude oil

THE Philippines’ sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of extreme necessity, a stock exchange filing revealed on M…

China

PH, China reopen oil exploration talks

THE Philippines and China have made initial exchanges on potential oil and gas exploration in the South China Sea, nearly four years since previous talks were t…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…

Philippines

Philippines eyes 'temporary' coal push to counter energy turmoil

The Philippines will try to boost the output of its coal-fired power plants to keep electricity costs down as the Middle East war wreaks havoc with gas shipment…

Lamborghini Temerario Hybrid Receives DOE Certification in the Philippines

The Department of Energy (DOE) of the Philippines has certified a range of vehicles, including plug-in hybrids, hybrid electric vehicles, and pure electric vehi…

Philippines coal demand seen growing 15% by 2030

Despite its energy transition efforts, the Philippines is projected to remain one of Southeast Asia’s largest coal consumers through 2030, according to th…

Offshore Wind Power

Philippines Launches First Offshore Wind Auction Under GEA-5 for 3.3GW Projects

The Philippines Department of Energy has officially launched the fifth Green Energy Auction (GEA-5), the country's first competitive bidding round dedicated…

Offshore Wind Power

Ming Yang Partners on 2GW Philippines Site

Ming Yang Smart Energy has signed a memorandum of understanding (MoU) with Buhawind Energy Northern Luzon Corp to jointly assess the feasibility of a 2 GW offsh…

Metal

Sagittarius Seeks Partner for Philippines’ Largest Copper-Gold Mine

Sagittarius Mines, developer of what could become the Philippines’ largest mining operation, is seeking a strategic partner to advance the long-delayed Ta…

Power Construction

ADB, World Bank Commit $12.5 Billion to ASEAN Power Grid Plan

The World Bank, Asian Development Bank (ADB), and the Association of Southeast Asian Nations (ASEAN) have announced a joint financing initiative to advance the …

Indonesia

Indonesian Gran Urea Sold to Philippines

A regional trader has concluded a deal to sell 7,000 tons of granular urea to a Philippine importer at a price of US$400 per ton. The cargo will be shipped from…

Carbon Credits

Philippines DoE Unveils Framework for Carbon Credits in Energy Sector

The Philippine Department of Energy (DoE) has introduced the country’s first regulations for carbon credits in the energy sector, marking a major step tow…

Solar project

Philippines Approves World’s Largest Solar Project for Grid Connection

The Energy Regulatory Commission (ERC) of the Philippines has granted approval for the MTerra Solar Project, developed by Terra Solar Philippines Inc. (TSPI), a…

Philippines

Court Clears Ictsi to Run Durban Terminal After Maersk Challenge Fails

A South African court has dismissed a legal challenge by AP Moller-Maersk’s terminal arm against the award of a key port concession to International Conta…