The Department of Energy (DOE) will be requiring the generation companies (GenCos) to submit additional reports, detailing monthly operational data of their power plants, sales, power supply and fuel consumption, that could help the government improve its monitoring, planning as well as on policy...
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is formally exiting the Galoc oil production venture in northwest Palawan basin, following the approval of the Department of Energy (DOE) on its withdrawal from the project. In a disclosure to the Philippine Stock Exchange (PSE) of Filipino firm...
The roughly 7.5 million customers being served by power utility giant Manila Electric Company (Meralco) will have to brace for P0.7897 per kilowatt hour (kWh) hike in electricity rates as a result of the two-week scheduled shutdown of the Malampaya gas production platform next month. The increase...
Listed firm Pilipinas Shell Petroleum Corporation will offer policy recommendations to the Department on Energy (DOE) on the institutionalization of standards that could stimulate eventual mass-scale rollout of electric vehicle chargers (EVCs) in the country. PSPC President and Chief Executive...
As consumers in the Luzon grid are seen bracing for vicious summer ordeal of threatening electricity service disruptions, the Department of Energy (DOE) has been asked to strictly enforce a "no maintenance outage" policy on power plants during the critical periods, chiefly on the summer months when...
Prices of petroleum commodities will be on hefty upticks next week, as calculated by the industry players. Based on estimates by oil companies, the price of gasoline products will rise by P3.00 to P3.40 per liter, while diesel will have an increase of P2.20 to P2.60 per liter. Additionally,...
To reinforce the country’s pathway into electric mobility (e-mobility), the Department of Energy (DOE) has cemented a deal with Pilipinas Shell Petroleum Corporation (PSPC) and its affiliate-firm Shell Energy Philippines Inc. (SEPH) for the conduct of a pilot study on how best the country can...
In a media briefing last week, Department of Energy (DOE) Undersecretary Rowena Cristina Guevara said that the Luzon grid could be distressed with 12 incidents of yellow alerts for eight months this year, a condition in the power system entailing insufficiency of power reserves. This forecast is...
The Department of Energy (DOE) indicated it is winding up its discussion with the consortium-members of Service Contract (SC) 38 for the targeted license extension of the Malampaya deep water gas-to-power project that will lapse February next year. “At the moment, we are still finalizing the...
Energy Secretary Raphael P.M. Lotilla has implemented the organizational restructuring of his department that seeks to right-size the bureaucracy, strengthen its services to the public and the provides solutions to immediate and long-term dilemmas of the sector. The first to be completed in the...
The Department of Energy (DOE) has indicated that the propounded "gas swapping deal" to enable the operation of the Ilijan gas-fired power plant during the summer months is not firmed up yet. In a statement to the media, the energy department emphasized that “the possible arrangements cannot yet...
The Department of Energy (DOE) is trying to paint a scenario that Luzon grid will still have supply despite forecasts of strained reserves. At the same time, the agency stopped short of admitting that with just one major plant that will conk out, such incident will result in "red alert" or a...
