A laser focus attention of the Department of Energy (DOE) for immediate 500-megawatt power capacity addition is being sought by prospective investors in data centers and the hyperscale computing firms if the Philippines would not want to waste multi-billion dollar worth of investments from the...
Consumers’ financial bliss will continue next week and less worry on the pockets for those celebrating the love month, as oil prices will be on sustained rollback at hefty cuts primarily for diesel and kerosene products, according to the oil companies. Based on the industry players’ estimates,...
Israeli firm Ratio Petroleum has reported to the Department of Energy that has identified at least two petroleum plays that it could elevate for further survey and prospectively drilling - that in turn may lead to potential oil and gas discovery to help advance the country’s energy security...
The Department of Energy (DOE) disclosed that China has firmed up its proposed government-to-government (G-to-G) cooperation on nuclear power technology development with the Philippines amid the extension of the Philippine Energy Plan coverage by 10 years taking into account the integration of...
Malampaya gasfield operator Prime Energy, a subsidiary of Razon-led Prime Infrastructure Capital Inc., is eyeing to extract fresh volume of additional gas by 2026 if the government will approve the firm’s application for 15-year license extension. At the PowerTrends forum, Wednesday, Feb. 8,...
The renewed plunge in global fuel prices and appreciation of the peso will ease financial burden of Filipino consumers as oil companies estimated big time price rollback at the pumps by Tuesday, Feb. 7. Based on their calculations, the price of gasoline products will be reduced by P2.00 to P2.30...
The National Electrification Administration (NEA) will be knocking on the doors of the Executive Branch and Congress to secure up to P29.542 billion budget to bankroll the country’s multi-tiered electrification rollout until the end of the Marcos administration in 2028. According to NEA...
Budgets among Filipino households need upward adjustment with the “super spike” in liquefied petroleum gas (LPG) at P11.18 to P11.20 per kilogram (kg). As announced by industry players, the price of standard 11-kilogram tank which is the typical size being purchased for home cooking will...
The Philippine government, through the intensifying capital-enticements being pursued by the Department of Energy (DOE), sees an influx of foreign direct investments (FDIs) in the country’s flourishing renewable energy (RE) sector, largely offshore wind projects -- currently the ‘rising star’...
The Department of Energy (DOE) is aiming for a "no rate hike" scenario that will result from the two-week shutdown of the Malampaya gas production facility this February. If the agency’s calculations will turn out accurate, that will be a "historic first" in such activity in the power system’s...
The Department of Energy (DOE) has snubbed hydrogen as a form of innovative energy storage that the entire Philippine power supply chain can prospectively lean on for efficient and reliable operations into the future and despite the fact that this storage technology is already the center of...
As the country’s energy insecurity has been turning into an even more distressing situation because of the depletion of its sole commercial gas field, the Department of Energy (DOE) has granted go-signal to the proposed development of a small-scale liquefied natural gas (LNG) terminal in...
