President Marcos has signed the Philippine Natural Gas Industry Act. President Ferdinand 'Bongbong' Marcos Jr. (MANILA BULLETIN | Mark Balmores) Marcos has inked Republic Act No. 12120 or an Act Promoting the Development of the Philippine National Gas Industry. Under the law, the government must...
Consumers can expect some savings to start the year as Petron Corp. and Solane announced rollbacks in the prices of liquefied petroleum gas (LPG) effective Jan. 1, 2025. In an advisory, Petron said it implemented a P0.90/kilogram rollback in LPG prices starting 12:01 a.m. on Jan. 1. Solane, in a...
To further support the integration of natural gas into the country's energy mix, economists suggested that developing the Philippine Upstream Indigenous Natural Gas Industry (PUINGI), alongside fiscal support, could help improve energy security amid shifting international markets. In an economic...
The Department of Energy (DOE) has awarded Qualified Service Person (QSP) accreditation to three Liquefied Petroleum Gas (LPG) associations, ensuring the safe, efficient, and professional delivery of LPG services to the public. The DOE’s Oil Industry Management Bureau (OIMB) awarded QSP...
The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants. In an...
Activists participate in a demonstration against fossil fuels at the COP29 U.N. Climate Summit, Friday, Nov. 15, 2024, in Baku, Azerbaijan. (AP Photo/Joshua A. Bickel) BAKU, Azerbaijan (AP) — Cities in Asia and the United States emit the most heat-trapping gas that feeds climate...
Senator Risa Hontiveros on Thursday, November 14 cautioned that the passage into law of the proposed Philippine Natural Gas Industry Development Act may replicate policy mistakes that happened in the past especially in the energy sector. Sen. Risa Hontiveros explains why she voted no to...
Voting 14-3, the Senate approved on Monday, Nov. 11, Senate Bill No. 2793 or the Philippine Natural Gas Industry Development Act on third and final reading. Sen. Pia S. Cayetano expresses gratitude to her colleagues who supported the passage of Senate Bill No. 2793 or the Philippine Natural Gas...
The bill seeking the full development of the Philippines’ natural gas industry was approved by the Senate on second reading on Tuesday, Nov. 5. Sen. Pia S. Cayetano stands firm to promote indigenous gas as she continues to defend Senate Bill No. 2793 or the Philippine Natural Gas Industry...
Listed firm Pryce Corporation reported a surge in its gross profit for the first nine months of the year, driven by increased liquefied petroleum gas (LPG) margins in Luzon. In a disclosure to the Philippine Stock Exchange, Pryce said that its branded LPG sales significantly outpaced those of its...
Motorists will have a frustrating drive to the petroleum service stations this week as they will be greeted with diesel prices rising by P0.90 per liter; while diesel prices will be going up by P0.45 per liter. Kerosene, which is their cousin in the weekly triumvirate of price adjustments, will...
Senator Pia Cayetano (Senate PRIB) Senator Pia Cayetano is bent on debunking claims that prices of imported liquefied natural gas (LNG) are cheaper than indigenous or Malampaya gas. Cayetano, the sponsor of Senate Bill (SB)...
