The Asian Development Bank (ADB) has approved a new energy policy that will support universal access to reliable and affordable energy services, while promoting the low-carbon transition in Asia and the Pacific. In a statement, ADB President Masatsugu Asakawa noted that energy is central to...
Presidential aspirant former Senator Ferdinand “Bongbong”
Marcos Jr. has vowed to prioritize the full exploitation of renewable energy resources if he succeeds in becoming the president of the country. Windmills During his term as governor of Ilocos Norte, Marcos pursued the establishment of...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
An opposition leader in the House of Representatives welcomed on Wednesday, Oct. 20 the recommendation of Energy Secretary Alfonso Cusi to grant his department authority to suspend taxes on fuel to address rampaging increase in prices. Gasoline pump picture Deputy Minority Leader and Bayan Muna...
The Department of Finance (DOF) wants to stop burning coal in Mindanao, in line with the government’s program aimed at promoting sustainable investments. During the launching of the Philippine Sustainable Finance Roadmap and Guiding Principles on Wednesday, Oct. 20, Finance Secretary Carlos G....
The government is expecting P492.4 billion worth of investments if the oil and gas service contracts (SCs) to be awarded under the Philippine Conventional Energy Contracting Program (PCECP) designed by the Duterte administration will eventually reach commercial development and production phases....
The country’s grand ambition for massive solar power installations could result in weaker food sustainability, because energy developments could snatch lands that could have otherwise been allocated for agricultural production, a study outcome of the Department of Energy (DOE) has shown. The DOE...
Senator Sherwin Gatchalian on Thursday, Oct. 14 urged the government to reactivate the government’s fuel subsidy program, Pantawid Pasada Program, to provide relief to the public transport sector that would be affected by the recent oil price increases. Gatchalian said it is important to shield...
The Philippine Council for Industry, Energy and Emerging Technology Research and Development of the Department of Science and Technology (DOST-PCIEERD) warmly welcomed Niñaliza Escorial as its new Deputy Executive Director. IMG_20211013_113046 The DOST-PCIEERD said Escorial, a registered chemical...
The lingering price hike in oil and other petroleum products may persist up until the end of the year or in the first quarter of 2022 due to still limited supply of energy, an official of the Department of Energy (DOE) said Tuesday, Oct. 12. DOE-Oil Industry Management Bureau Director Rino Abad...
Energy Secretary Alfonsi Cusi on Monday, Oct. 11, called on energy players to activate preparatory response measures to avoid power interruptions in areas possibly to be affected by tropical storm "Maring." Cusi made the call "to ensure the continued delivery of energy services," although so far...
Actual construction of the P12-billion Kaliwa Dam, pegged by the Duterte administration as its top solution to Metro Manila's water woes, may have to wait until next year because of delays in meeting some conditions, including consent from the affected indigenous peoples, according to the new...
