Brix Lelis @brixlelis
Business Reporter at The Philippine Star | views are my own | 📩 [email protected] philstar.com/authors/180822… Taguig City Joined November 2020-
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Final price adjustments may still rise or fall, with one trading day remaining. DOE Sec. Sharon Garin said prices could surge again after Iran declared the full closure of the Strait of Hormuz, a key route through which oil shipments from the Middle East pass. @PhilippineStar
GAS PRICES SEEN HIGHER NEXT WEEK Citing initial estimates, an industry source indicates a potential increase of P0.50 to P1 per liter in gasoline prices next week. Diesel prices, meanwhile, may go down by P3.50 to P4 per liter. @PhilippineStar
HIGHER MERALCO RATES IN JUNE JUST IN: Meralco announces an increase of around P0.15 per kWh in electricity rates this month due to higher generation charges. This translates to an increase of P30 for typical households consuming 200 kWh. @PhilippineStar
@PhilippineStar The government has stepped in amid ongoing operational challenges faced by Sunwest Water and Electric Co., a power generation company tied to fugitive former lawmaker Zaldy Co. @PhilippineStar
Garin and Nograles are set to lead the ceremonial switch-on of new generator sets to help reinforce the island’s power supply amid recurring outages that have lasted up to 12 hours in some areas. @PhilippineStar
LOOK: TGP Party-list Rep. Bong Teves welcomes DOE Secretary Sharon Garin, DOE Undersecretary Mario Marasigan, and National Power Corp. president and CEO Jericho Nograles here in Catanduanes. @PhilippineStar
Meanwhile, the first yellow alert has been raised in Mindanao from 12 PM to 3 PM due to power strain caused by the recent earthquake. @PhilippineStar
ROTATIONAL BROWNOUTS EXPECTED IN VISAYAS The Visayas grid will be placed under red alert from 1 PM to 7 PM today due to a thin power supply and high electricity demand, increasing the risk of rotational brownouts. @PhilippineStar
@PhilippineStar They are also working closely with local partners to ensure that assistance reaches critical facilities, including hospitals and evacuation centers. @PhilippineStar
The company, through One Meralco Foundation, started distributing food packs, bottled water and solar lanterns to affected residents in General Santos City, Sarangani and nearby areas. @PhilippineStar
Power utility giant Manila Electric Co. has mobilized relief assistance for communities hit by the magnitude 7.8 earthquake in southern Mindanao. @PhilippineStar
@PhilippineStar The latest adjustments will be reflected in the power bills of consumers this month. @PhilippineStar
By region, the Visayas recorded the highest increase, with prices rising by P4.58 per kWh to P10.20 per kWh. Meanwhile, spot prices in Luzon spiked by P1.39 per kWh to P7.02 per kWh, while those in Mindanao climbed by P3.65 per kWh to P9.28 per kWh. @PhilippineStar
HIGHER ELECTRICITY SPOT PRICES The average electricity price in the country’s power spot market surged by P2.16 per kWh in May to P7.79 per kWh from P5.63 per kWh, according to market operator IEMOP. @PhilippineStar
Meralco rates are flat while fuel prices and political sensationalism are high bworldonline.com/opinion/2026/0…
The number of jobless Filipinos declined to 2.41 million in April from 2.58 million in March, according to the Philippine Statistics Authority. @PhilippineStar
Diversified conglomerate San Miguel Corp. (SMC) is poised to embark on its next phase of growth focusing on energy security, transportation, food security and sustainability. philstar.com/business/2026/…
AboitizPower prepares for wider RCOA market philstar.com/business/2026/…
Only nine companies remain in contention for the country’s first offshore wind auction and are now advancing to the next stage of the evaluation process, a senior official of the Department of Energy said. philstar.com/business/2026/…
Is the country’s energy infrastructure ready for “The Big One”? Read here what the DOE has to say 👇 philstar.com/headlines/2026…
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