The Department of Energy (DOE) and the Department of Natural Resources (DENR) have partnered to speed up the exploration, utilization, and development of offshore wind projects. In a statement, the DOE said the two agencies entered into a memorandum of agreement (MOA) that allows access...
Axelum Resources Corporation, a coconut products manufacturer and exporter, is conducting a share buy-back program worth an initial P500 million over the next six months. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has authorized the share buy-back program...
More than 23,000 volunteers from various organizations and communities across the country recently attended this year’s International Coastal Clean-Up (ICC), an annual event organized by SM in collaboration with the Department of Environment and Natural Resources (DENR), Local Government...
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) The House of Representatives on Thursday, Sept. 19, deferred the plenary deliberation on the proposed P27.1-billion budget of the Department of Environment and Natural...
A whopping investment of $3 billion (approximately P165 billion) will be injected by Danish firm Copenhagen Offshore Partners (COP) for the first 1,000 megawatts San Miguel Bay offshore wind project in Camarines Sur that it is targeting to bring on commercial stream by 2028. On prevailing rule of...
The National Economic and Development Authority (NEDA) board approved the Philippine Civil Service Modernization (PCSM) project to upgrade government agencies’ human resource information systems. During its 20th meeting on Wednesday, the NEDA board, chaired by President Ferdinand R. Marcos Jr.,...
Hopes are raised for prospective discovery of new oil and gas resources in the country as well as for trailblazing native hydrogen ventures, with the eight qualified offers cornered by the Department of Energy (DOE) during an auction round concluded this week. In a statement to the media, the...
Senate President Pro Tempore Jinggoy Estrada has condemned China's latest use of flares, calling it irresponsible and dangerously provocative. A view of the flares launched by China from Zamora (Subi) Reef against a Bureau of Fisheries and Aquatic Resources (BFAR) Cessna 208B Grand Caravan aircraft...
With the scheduled submission of applications by Aug. 27, the Department of Energy (DOE) has raised hopes that it can corner acceptable tenders for offered hydrogen investments as well as upstream petroleum ventures, especially in the pioneering auction round for the Bangsamoro Autonomous Region in...
(Mark Balmores / MANILA BULLETIN) Three weeks following the oil spill off the coast of Limay, Bataan, the Bureau of Fisheries and Aquatic Resources (BFAR) told a House of Representatives panel that fish from the affected areas are now safe for...
TAIPEI – The Department of Energy (DOE) will guarantee that marine protected areas (MPAs) shall be clearly demarcated as ‘no-go zones’ or off limits as development sites or even as navigational channels for the planned offshore wind projects in the country. According to Energy Undersecretary...
With leaner aggregate revenues logged in the six-month stretch, the net income of Alsons Consolidated Resources Inc. (ACR) in the first half had declined by roughly 10% to P1.06 billion from the year-ago level of P1.17 billion. If reckoned solely on second quarter performance, the company’s...
