At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market next year. Already head-to-head in the race are the proposed LNG offshore facilities of First Gen Corporation...
Lopez-led First Gen Corporation sustained its robust profitability and that enabled it to post 11-percent net income hike in the first half to P7.1 billion ($148 million) versus a leaner P6.7 billion ($133 million) in the same period last year. The company’s rise in earnings, according to First...
The construction of a building in Bonifacio Global City in Taguig is temporarily suspended following a gas leak explosion that injured one person Wednesday night. “Construction in the site will remain suspended pending investigation and safety assessment,” the Taguig City government said in a...
Another local pro-climate action group has underscored the urgency of the message being conveyed by the recent report of the Intergovernmental Panel on Climate Change or IPCC. (Photo by Bill Oxford/ Unsplash) “The science is clear: there is no time to lose for climate action,” said Jon...
The Philippines' continued preference for dirty energy sources like coal is no longer justifiable especially with the release of the Intergovernmental Panel on Climate Change's (IPCC) latest climate science findings, the Power for People Coalition (P4P) said on Tuesday, Aug. 10. (Photo from P4P...
Pangilinan-led PXP Energy Corporation is now ready to advance on its drilling plan for two exploratory wells at its awarded oil and gas block at the Recto Bank, a petroleum basin under Service Contract (SC) 72 that is part of the diplomatically-strained territory in the West Philippine Sea. PXP...
Department of Energy (DOE) Spokesperson Felix William Fuentebella believes that the proposed joint exploration for oil and gas between the Philippines and China in the West Philippine Sea (WPS) can still "move forward". DOE Spokesperson Felix William Fuentebella (Screengrab from Facebook live)...
Oil or natural gas that may be discovered within the Philippines exclusive economic zone in the West Philippine sea belong to Filipinos even if found during an oil exploration by China, House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate declared Wednesday, July 21. Natural gas...
The House Committee on Energy on Friday, July 16 approved a bill that seeks to fully develop the Philippine downstream natural gas industry and consolidate all laws relating to the transmission, distribution and the supply of natural gas. Natural gas Malampaya Authored by Speaker Lord Allan Velasco...
The Philippine Coast Guard (PCG) has intercepted a boat loaded with sacks of hazardous chemicals and boxes of smuggled cigarettes during an intense pursuit in the vicinity waters off Malampaya Gas Platform, Palawan. The Philippine Coast Guard (PCG) intercepted a boat loaded with sacks of...
Malampaya gas turbine Malampaya gas fields are in danger of being completely depleted as early as next year and will pose energy problems in time for next year’s political exercise. House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate revealed this information allegedly coming...
Tricycle, pedicab, and delivery riders got more than their first dose of the COVID-19 vaccine when they lined up at the Cultural Center of the Philippines (CCP) complex on Tuesday, June 22, for the Office of the Vice President’s (OVP) and the Manila City government’s Vaccine Express: they also...
