Razon-led Prime Energy is sorting out ‘rigorous routine maintenance inspections’ and plant shutdowns at the Malampaya facility as a preparatory step for planned fresh round of exploration and drilling activities for the extended production life cycle of the gas field. “For a facility with...
The Department of Energy (DOE) has been in talks with the consortium-members of the Malampaya gas field project on prospects of retaining the oil-linked gas pricing formula in the targeted new gas sale and purchase agreements (GSPAs) that shall be cemented for the 15-year service contract extension...
The jurisdiction of the Energy Regulatory Commission (ERC) on resolving contractual disputes involving retail electricity suppliers (RES) has been affirmed in a ruling rendered by the Court of Appeals (CA), including its power to issue cease and desist orders. The decision of the 11th division of...
ATHENS, Greece – Energy markets depending on liquefied natural gas (LNG) to fuel the chain of their economic activities will have to brace for continued volatility and ‘high priced’ era of gas as this scenario in markets is seen to linger for a longer period of time, according to global...
Consumers will feel the heat of a budget swell on their cooking fuel this month as the price of liquefied petroleum gas (LPG) will rise by a hefty P6.64 to P6.65 per kilogram or P73.04 to P73.15 for the standard 11-kilogram cylinder. Leading industry player Petron Corporation advised of LPG price...
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....
Alternergy Holdings Corporation, a pioneer in renewable energy (RE) development in the country, will shell out P20 billion worth of capital expenditures (capex) on projects under construction phases over the next three to five years. According to Alternergy President Gerry P. Magbanua, the company...
The contract for the system that allows the Bureau of Fisheries and Aquatic Resources (BFAR) to monitor marine vessels real-time has already expired. This was confirmed by lawyer Ma. Neiseria Ailah G. Tuquero based on the response to the letter she sent to the BFAR on Dec. 14. She was referring to...
In a government agency or a local government unit (LGU), there are workers who are under a contract of service (COS) or a job order (JO) scheme. Though they are not classified as “regular” workers, their services are vital and needed to ensure that the government’s programs, projects, and...
As a well-deserved recognition for their hard work, President Ferdinand "Bongbong" Marcos Jr. has ordered the grant of gratuity pay for contract of service (COS) and job order (JO) government workers, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang Photo) The Office of...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto has identified the Department of Social Welfare and Development (DSWD) as the agency that has the “the lowest regular staff-to-clientele ratio in the entire bureaucracy". Deputy Speaker Ralph Recto (Facebook) Figures cited by Recto...
Philippine Ambassador to the US Jose Manuel "Babe" Romualdez has made it clear that there was no pressure that came from the US when the ​Philippines decided to cancel its helicopter deal with Russia amid its conflict with Ukraine. Instead, it was only a "practical thing" for the country to...
