Basic Energy Corporation will hold its 2021 Annual Stockholders’ Meeting online at 3:00p.m. on November 24, 2021, Wednesday via the Zoom platform. Stockholders who wish to participate through remote communication are requested to check the registration guidelines stated in the notice of the said...
Partido Reporma chairman and standard-bearer Senator Panfilo “Ping” M. Lacson on Monday November 1 said turning to safe atomic power could be a viable option considering the rising prices of oil and gas in the global market, coupled with the volatile output of some renewable energy sources....
Nueva Ecija Third District Rep. Rosanna “Ria” Vergara chided the Department of Finance for taking an adamant stand against moves to suspend collection of excise tax on fuel as way of protecting Filipinos from the impact of uncontrolled price hikes in petroleum products. Rep. Ria Vergara...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Thursday, Oct. 29 slammed the Department of Finance for aggressively pushing for approval of a bill that resulted foregone revenues of P260 billion to government while standing strong against any move to suspend the...
The National Electrification Administration (NEA) should earmark some of its budget for the residents in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), Senator Sherwin Gatchalian said. Gatchalian, chair of the Senate Energy Committee, noted that not a single centavo of its proposed...
NIGHT OWL Anna Mae Lamentillo The latest report of the Intergovernmental Panel on Climate Change (IPCC) tells us that many of the changes that scientists have observed in the climate are unprecedented and worse, some of these changes, like continued sea level rise, are irreversible over hundreds to...
The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts or power supply agreements (PSAs) that already lapsed. In particular, the ERC has condemned the act of CENECO for...
In line with the bold commitments of countries to the 26th Conference of the Parties on Climate Change (COP26), an innovative low-cost funding mechanism from multilateral agencies like the Asian Development Bank (ADB), to be complemented by private financing, would be needed to concretize the...
Listed firm AC Energy Corporation (ACEN) is committing ‘early retirement’ of its remaining coal-fired power plant in line with the Ayala group’s overall ‘net zero’ target through year 2050. The Ayala firm said its management will employ ‘energy transition mechanism’ (ETM) “for the...
The Department of Agriculture (DA) and the Department of Energy (DOE) are in talks about the possible implementation of a gasoline discount mechanism in the fisheries sector, one of the most hit farm sub-sectors by the incessant rise in gasoline prices. In a briefing Monday, Oct. 25, DA...
Vice presidential candidate Senator Christopher “Bong” Go on Sunday urged the government to consider granting fuel discounts or subsidy for those in the transportation industry and other strategic sectors to help cushion the impact of the recent oil price increases. Go said the Department of...
The Department of Science and Technology (DOST) threw all-out support to the establishment of a 25-kilowatt (kW) waste-to-energy (WTE) facility in Los Baños, Laguna, citing the “rapidly increasing” waste generation in the country. Waste-to-energy (WTE) facility in Los Baños, Laguna. (DOST...
