Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Please see our regulatory news spotlight post for the week. Spotlight: 𝐃𝐎𝐄 𝐛𝐚𝐜𝐤𝐬 𝐜𝐨𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐟𝐨𝐫𝐦 The Department of Energy (DOE) said on Thursday that it supports the lifting of some of the economic restrictions in the 1987 Constitution. The DOE said this is aligned with the government's decision to allow full foreign ownership in the renewable energy (RE) sector, which would result in the creation of more job opportunities. READ MORE: https://www.manilatimes.net/2024/03/01/business/top-business/doe-backs-constitutional-reform/1934810 𝟓𝟎 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐚𝐧𝐝 𝐥𝐨𝐜𝐚𝐥 𝐟𝐢𝐫𝐦𝐬 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 The Department of Energy (DOE) said last Feb. 26, around 50 local and international oil and gas firms expressed interest in participating in the bidding for coal, petroleum, and native hydrogen exploration and development in the country including the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). READ MORE: https://manilastandard.net/business/314420232/50-foreign-local-firms-interested-in-philippine-energy-resources.html Image sources: Manila Standard, PhilStar Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com to begin your energy savings journey! 🔌