Following the 15-year renewal of the Service Contract 38 for the Malampaya project, Razon-led operator firm Prime Energy can already carry out exploration drilling activities beyond the existing production area of the depleting gas field. This developed after President Ferdinand R. Marcos Jr....
Senator Sherwin Gatchalian said the Senate should conduct an inquiry into the series of disturbances in the country’s power transmission system saying it is imperative to ensure the Philippines has a reliable and continuous supply of electricity. Gatchalian, vice chairman of the Senate Committee...
President Ferdinand "Bongbong" Marcos Jr. has signed the Renewal Agreement for the Malampaya Service Contract No. 38 (SC 38), allowing the continued production of the Malampaya gas field until Feb. 22, 2039. *President Marcos signs Renewal Agreement for the Malampaya Service Contract No. 38 (SC...
System operator National Grid Corporation of the Philippines (NGCP) is proposing amendments to the Grid Code to ensure the country’s power system can efficiently absorb gigawatt-scale but variable renewable energy (RE) capacities. In a presentation to the media, NGCP Vice President and Head of...
Energy Secretary Raphael P. M. Lotilla said that President Ferdinand R. Marcos Jr. during his recent meeting with US President Joe Biden highlighted renewable energy (RE) and the "loss and damage" concept, which seeks to compensate countries that have little contribution to global climate change....
Motorists will feel the pinch on their wallets anew as fuel commodity prices take a reverse course for uptrends next week, based on calculation by oil companies. According to the industry players, diesel prices will have a relatively significant increase of P1.25 to P1.55 per liter, while gasoline...
System operator National Grid Corporation of the Philippines (NGCP) is asking the Department of Energy (DOE) to eliminate from its certified list of system impact study (SIS) applicants that are being tagged as "pseudo investors" or "non-serious project proponents" to facilitate permitting process...
Transmission firm National Grid Corporation of the Philippines (NGCP) forthrightly stated that it is amenable to the ‘audit call’ by the Department of Energy (DOE), granted that these are carried out within the legal bounds of its concession agreement with the government as well as its franchise...
President Ferdinand "Bongbong" Marcos Jr. is keen on tapping nuclear energy to beef up the country's power supply and avert a possible power crisis. President Ferdinand 'Bongbong' Marcos Jr. answers questions from the media on board a flight back to Manila after attending the 42nd ASEAN Summit in...
Proponents of floating solar farm installations, which are members of the Philippine Solar and Storage Energy Alliance (PSSEA), are seeking approval for a higher green energy auction reserve (GEAR) price of at least P7.30 per kilowatthour. The higher reserve price is targeting the tendering process...
The joint venture of Filipino firm SunAsia Energy Inc. and Singapore-headquartered Blueleaf Energy will be injecting $1.5 billion to $1.7 billion worth of investments to develop at least 10 service contracts on floating solar facilities that may yield aggregate capacity of 1.3-gigawatt or 1,300...
Senator Risa Hontiveros on Wednesday, May 10 called on energy officials to step up and proactively address the widespread power outages looming over the country, lamenting how the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) seems to be tarrying in...
