The Philippine Independent Power Producers Association Inc. (PIPPA) has thumbed down a legislative proposal that will prioritize the use of Malampaya gas on the electricity generation grind of various gas-fed power plants in the country. While there is a high level temptation to prioritize...
The Department of Energy (DOE) is eyeing to improve the incentive regime for the upstream petroleum industry with the proposed ‘special allowance’ to be extended to operators in marginal petroleum blocks, as well as new plays and frontier acreages. In a draft DOE Circular, it has been...
Senator Alan Peter Cayetano renewed his pitch for the proposed Philippine Natural Gas Development Act—a measure that is crucial for the country’s goal of achieving long-term energy security. Earlier, his sister, Sen. Pia Cayetano, chairperson of the Senate Committee on Energy, sponsored...
Following series of spot purchases, listed firm First Gen Corporation indicated that it is seriously weighing long-term contracting for liquefied natural gas (LNG) that it will be feeding for the electricity generation of its gas plants in Batangas. According to First Gen Chairman and CEO Federico...
Tycoon Manuel V. Pangilinan, who is also the chairman of PXP Energy Corporation, has an extraordinary wish for this year’s holiday season – a “Chinese Santa Claus” who will finally give a strife-free nod to petroleum exploration in the turbulent waters of West Philippine Sea,...
Owing primarily to the ancillary services as component of the transmission charge, the overall tariff of power utility giant Manila Electric Company (Meralco) had climbed by P0.1543 per kilowatt hour (kWh) in this September billing to P11.7882 per kWh versus P11.6339 per kWh last month. The tariff...
Senator Pia Cayetano has expressed her belief that the swift passage of Senate Bill (SB) No. 2793, or the proposed Philippine Natural Gas Development Act, would send the strongest signal to investors that there is natural gas waiting to be explored in the Philippines. Senator Pia Cayetano (Senate...
Consumers will have to bear new round of financial strain this week on their daily drive to work as gasoline prices will rise by P0.50 per liter; and diesel by P0.30 per liter, based on the pricing advisories of the oil companies. Kerosene, which is the other commodity in the triumvirate of weekly...
Senator Pia Cayetano expressed confidence in the efforts set next year to drill new gas wells that seek to prolong the life of the Malampaya gas project off Palawan province. Senator Pia Cayetano (Senate PRIB photo) During the interpellation of Senate Bill No. 2793 or the proposed Philippine...
The integration of energy storage system in the forthcoming batch of renewable energy (RE) capacity auction will hike estimated reserve prices by P5.00 to P6.00 per kilowatt hour (kWh), according to the Department of Energy. Energy Undersecretary Rowena Cristina Guevara told reporters that the...
CABUYAO CITY, Laguna – Seventeen individuals were hospitalized due to an alleged chemical leak in a junk shop in Barangay Banay-banay, this city, on Tuesday afternoon, August 20. THE Bureau of Fire Protection contains a chemical leak in Barangay Banay-banay, Cabuyao City, Laguna on August...
Senator Pia Cayetano has sponsored Senate Bill No. 2793, or the proposed Philippine Natural Gas Development Act that seeks to support the full development of the Philippines’ natural gas industry. (Photo from the Facebook page of Senator Pia Cayetano) In her sponsorship speech on Tuesday,...
