A measure seeking the regulation of the local natural gas industry--one of the priorities of the current administration--has moved forward in the House of Representatives. Marinduque lone district Rep. Lord Allan Velasco On Thursday, Nov. 10, the House Committee on Energy chaired by Marinduque lone...
The government of Nigeria has committed to "collaborate" with the Philippines in connection with the natural gas sector. President-elect Bongbong Marcos (left) receives Ambassador of Nigeria Folakemi Ibidunni Akileye on June 17 at the BBM headquarters (BBM Media Bureau) Thus, said Ambassador of...
Vice President Leni Robredo lamented the country’s supply of energy is the “number one concern now” as she called for the development of indigenous energy sources to alleviate the rising energy prices. Vice President Leni Robredo (OVP photo) Robredo, a presidential aspirant, was asked about...
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 Department of Energy (DOE) has entered into a memorandum of agreement (MOA) with the Department of Trade and Industry (DTI) for them to collaborate on the formulation of propounded Philippine National Standards (PNS) for the country’s natural gas industry. Based on the pact sealed by the two...
Meralco PowerGen Corporation, the power investment arm of Manila Electric Company (Meralco), is seriously weighing options to shift investment plans into setting up liquefied natural gas (LNG) facilities instead of the previously blueprinted coal-fired power investments. “We should get into the...
Lopez-led First Gen Corporation has posted 12-percent decline in earnings to P9.6 billion (US$190 million) in the three quarters of this year vis-à-vis heftier profitability of P11.3 billion (US$217 million) in the same period last year. Within the January-September period, the company noted that...
Lopez-led FGEN LNG Corporation will conclude by the middle of next month the bid process for its planned chartering of a floating storage regasification unit (FSRU) to serve as its interim facility on targeted importation of liquefied natural gas (LNG) starting year 2022. Jonathan C. Russell,...
State-run Philippine National Oil Company (PNOC) has inked a deal with American firm New Fortress Energy LLC (NFE) for the setting up of liquefied natural gas (LNG) installation in the country. In a statement to the media, the Department of Energy (DOE) qualified that the memorandum of...
The Department of Energy (DOE) is currently reviewing and processing at least 39 new projects that have applied for certificates of energy projects of national significance (CEPNS) so they can be extended streamlined processes in their permitting and licensing requirements....
The Department of Energy (DOE) has approved the construction timeline applied for by FGEN LNG Corporation, a joint venture of Lopez-led First Gen Corporation and Tokyo Gas Co. Ltd., for the US$300 million floating storage regasification unit (FSRU) project so it can bring liquefied natural gas...
