President Marcos has certified as urgent a bill seeking to amend the Biofuels Act of 2006 to help cushion the impact of rising fuel prices and strengthen the country’s energy resilience. In a letter dated March 16 addressed to Senate President Vicente Sotto III, Marcos certified the immediate...
TACLOBAN CITY – A lawmaker in Northern Samar welcomed on Thursday the House Committee on Energy 's approval of a substitute bill to temporarily suspend the mandatory use of biofuels for up to one year amid the global rise in fuel prices. The bill, according to Northern Samar second district...
Taking a pitch on prospective reduction of dependence on imported fuels, the Department of Energy (DOE) has approved progressive increase in coco methyl ester (CME) blend for diesel products – starting at 3.0% by October this year from currently at 2.0%. Additionally, the DOE has given go-signal...
With oil price adjustments surging higher than projected, the Department of Energy (DOE) has summoned the oil companies to explain the ‘excess’ in cost escalations that they will be reflecting at the pumps by Tuesday, March 15. Energy Secretary Alfonso G. Cusi stated ‘we are asking the oil...
The Philippine Biodiesel Association (TPBA) joined Congress’ call for the long-delayed increase in the biodiesel blend to 5 percent (B5) as mandated by the Biofuels Act of 2006. "Congress sees the immediate and long term impact of a higher biodiesel mandate. The immediate benefits come with...
The Department of Energy (DOE) is reviving plans for the creation of a government-run oil stockpile that will store both crude oil and finished petroleum products amid global oil prices hitting all-time high at $75 per barrel. DOE Logo The energy department is eyeing to concretize that plan via its...
