After a shortl respite on consumers’ pockets last week, oil prices will be on big-time hikes again next week because of the sustained surge in prices in the world market. As calculated by the oil companies, gasoline prices will rise by P1.00 to P1.10 per liter; while diesel will also be on upward...
The Department of Energy (DOE) is inclined to disapprove the plea of power utility giant Manila Electric Company (Meralco) for emergency supply procurement despite highly probable supply shortages that could descend into rotational blackouts during the 20-day Malampaya shutdown this October and in...
With less than a year remaining for the Duterte administration, the Department of Energy (DOE) has named new Undersecretary Astravel “Astra” P. Naik, but whose function has not been clearly defined yet or laid down by the agency. In an in initial statement of the DOE on Wednesday (July 28), it...
Pangilinan-led PXP Energy Corporation is now ready to advance on its drilling plan for two exploratory wells at its awarded oil and gas block at the Recto Bank, a petroleum basin under Service Contract (SC) 72 that is part of the diplomatically-strained territory in the West Philippine Sea. PXP...
Former Energy Assistant Secretary Leonido “Bodie” Pulido III has been formally elected as president of the Philippine Electricity Market Corporation (PEMC), the governance body of the Wholesale Electricity Spot Market. He is taking over the post from Atty Oscar Ala, who previously served as a...
‘Midnight deal’ The Department of Energy (DOE) has been cautioned on granting a ‘midnight deal extension’ for the license or the Service Contract 38 of the Malampaya venture. Senator Sherwin T. Gatchalian, chairman of Senate committee on energy, issued this caution given that by the...
After successive eight weeks of price hikes, prices at domestic petroleum pumps will finally be eased with rollbacks next week in the range of P0.65 to P0.95 per liter across products. Based on the calculation of the oil companies, gasoline prices will likely be trimmed by P0.85 to P0.95 per liter;...
The Department of Energy (DOE) lashed back Friday afternoon, July 23 at the Power for the People Coalition (P4P), calling the group "misinformed" after it filed complaints of gross neglect of duty against Energy Secretary Alfonso Cusi before the Office of the Ombudsman that same morning. DOE...
A coalition of consumer groups had filed a case against Energy Secretary Alfonso G. Cusi at the Office of the Ombudsman for ‘grave misconduct and gross neglect of duty’ allegedly due to his failure to prevent the rotational blackouts as well as bill shocks that tormented Filipino consumers in...
The Department of Energy (DOE), along with multilateral partners like the Asian Development Bank (ADB) and the European Union-Access to Sustainable Energy Programme (EU-ASEP), had pitched for financing tools that the local government units (LGUs) can access in advancing their mandated energy...
The Philippine energy sector is bracing for a “triple whammy” next year – especially in the peak demand months of summer – due to highly probable continued forced outages in power facilities; de-rating of the gas plants; and shortage of gas fuel that can already be extracted from the...
Climate and energy policy group Institute for Climate and Sustainable Cities (ICSC) has a lot of good things to say about President Duterte's legacy in terms of climate action and renewable energy, even as the leader prepares to wrap up his six-year tenure in Malacañang. President Rodrigo...
