Two liquefied natural gas (LNG) projects, with combined investments of P44 billion, had been issued certifications by the Department of Energy (DOE) as “energy project of national significance” or EPNS that will entitle them to streamlined process of permitting....
Santa Claus will soon be knocking on Filipino homes, but for the Bicol region, the Department of Energy (DOE) cannot give an assurance yet if they can have “literally bright Christmas” because the restoration of power supply in the typhoon-devastated areas is still uncertain. Energy Secretary...
As a follow-through to Malacanang’s issuance of Executive Order (EO) 116, the Department of Energy (DOE) indicated that it will submit its crafted “nuclear power development plan” to President Rodrigo Duterte next month. “Our timeline is December -- to submit it (nuclear plan) to the...
Greenfield power projects that will feed on imported liquefied natural gas (LNG) have been emerging as ‘hot investment contest’ in the restructured electricity sector, and Aboitiz Power Corporation announced that it is inclined to join the forthcoming wave of capital spending for the...
The moratorium on new coal-fired power projects will only cover yet-to-be-proposed investments, according to Energy Secretary Alfonso G. Cusi. In a virtual press briefing, he classified that even the indicative projects will still have to be processed by the Department of Energy (DOE) and these may...
The Philippine government has directed Pangilinan-led PXP Energy Corporation to go ahead with its programmed seismic survey and well drilling at the Recto Bank even without securing first the concurrence of China National Offshore Oil Corporation (CNOOC) or that of the Chinese government. Energy...
Diversifying conglomerate San Miguel Corporation indicated that it is still weighing in if it will pursue its intent to join the bidding for the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya deep-water-gas to power project. SMC President and COO Ramon...
Government policymakers are being urged to save Petron refinery from its shutdown plan, because it is the only remaining strategic asset that could ensure the country’s energy security goals. Photo credit: https://www.petron.com/ Senate Committee on Energy Chairman Sherwin T. Gatchalian advanced...
Power utility giant Manila Electric Company (Meralco) and other industry players are now stepping up on their preparations and contingency measures to mitigate power interruptions that could be brought in by strong typhoon Rolly, which is expected to make a landfall this weekend. The Department of...
Energy Secretary Alfonso G. Cusi The Philippine government has opened full foreign ownership in the geothermal segment of the energy industry, but under the condition that investments must be done in integrated steam resource development and power projects. Energy Secretary Alfonso G. Cusi said he...
Amid the tax predicaments raised by Petron on its refining business, the Department of Finance (DOF) indicated that it is not amenable to proposed tweaks in the country’s tax laws as applied to the supply chain of the downstream oil sector. Finance Secretary Carlos G. Dominguez III (MANILA...
To force the country into ‘clean energy’ transition, the Department of Energy (DOE) has enforced moratorium on new coal-fired power plant projects. But it’s not time for the clean energy advocates to pop the champagne bottle yet, because the DoE qualified the moratorium will not cover...
