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: Spotlight: ‘𝐅𝐢𝐥𝐢𝐩𝐢𝐧𝐨 𝐠𝐚𝐬 𝐟𝐢𝐫𝐬𝐭:’ 𝐍𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 𝐛𝐢𝐥𝐥 𝐦𝐨𝐯𝐞𝐬 𝐢𝐧 𝐒𝐞𝐧𝐚𝐭𝐞 Senate Bill No. 2247 or “An act promoting the development of the Philippine downstream natural gas industry” was tackled by a technical working group (TWG) of the Senate Committee on energy joint with the Ways and Means and Finance panels. The measure was filed in May last year by Senator Raffy Tulfo, chairman of the committee on energy. READ MORE: https://business.inquirer.net/448542/filipino-gas-first-natural-gas-bill-moves-in-senate-2#ixzz8U9NXbVzC 𝐃𝐎𝐄 𝐛𝐚𝐜𝐤𝐬 𝐞𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐲 𝐭𝐚𝐤𝐞𝐨𝐯𝐞𝐫 𝐨𝐟 𝐨𝐢𝐥 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court (SC) upheld its emergency takeover power. In a statement, the DOE said it “respects and supports” the ruling of the high tribunal upholding Section 14(e) of the Republic Act 8479 or the Downstream Oil Industry Deregulation Act. READ MORE: https://www.philstar.com/business/2024/03/07/2338575/doe-backs-emergency-takeover-oil-industry Image sources: Philippine Daily Inquirer, 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! 🔌