The Department of Energy (DOE) is studying prospects of opening up the renewable energy (RE) sector to 100 percent foreign ownership, primarily in the domain of solar and wind farm installations, for the manufacturing sector. Energy Secretary Raphael P.M. Lotilla raised this possibility as he...
Filipino consumers can continue to breathe a sigh of relief, however tiny the rollback maybe, on their weekly fuel budgets as pump prices are due to come down again by Tuesday, Aug. 16, based on the calculation of the oil companies. According to the industry players, diesel prices will be reduced...
The Department of Energy (DOE) will re-take "baby steps" and will push for "corrective policies" to entice fresh capital flow in the country’s upstream oil and gas sector, especially in areas not encumbered by territorial disputes. “I think we don’t even have to look far into the West...
The legislative lever of Congress is sought on the proposed revamping of the multi-tiered taxes in the power sector to reduce the pass-on tariff in the electric bills of consumers by as much as P1 per kilowatt hour. The power tax components being recommended for scrapping include those on public...
A California-based geoscientist believes that the mothballed Bataan Nuclear Power Plant (BNPP) can help solve the country's increasing energy demand while "meeting a low carbon diet". The Bataan Nuclear Power Plant (BNPP) is seen during a tour around the BNPP compound in Morong town, Bataan...
The Department of Energy (DOE) is prodded to submit to the Senate and make public the P266-million nuclear power development study, which results have been unavailable until now. In a public hearing, Senate Committee on Energy Chairman Raffy Tulfo has formally requested current Energy Secretary...
Department of Energy (DOE) Secretary Raphael Lotilla assured the Senate on Wednesday, Aug. 10 that the country currently has enough reserves for the next six months provided that there would be no major breakdowns of power plants. (Kai Gradert/ Unsplash) “But for the summer months, I have to tell...
If the Bataan Nuclear Power Plant (BNPP) can no longer function safely, then the Philippines must build a new nuclear plant. Negros Oriental 3rd district Rep. Arnolfo Teves Jr. (Facebook) This is the gist of House Bill (HB) No.2921 filed in the ongoing 19th Congress by Negros Oriental 3rd district...
Following dramatic plunge in international oil prices last week, Filipino motorists can enjoy continued reduction in prices at the pumps as gasoline product costs will be trimmed by P2.10 per liter, while diesel prices will be on rollback by P2.20 per liter effective Tuesday, Aug. 9. Oil companies...
Gov’t hikes new RE installations target to 52,826MW By MYRNA M. VELASCO The Philippine government is scaling up target on renewable energy (RE) installations to 52,826 megawatts within 20-year development span, so it can meet the 50-percent share of RE in the country’s energy mix. The target,...
Filipino motorists will experience continued relief in their pockets next week as prices of petroleum commodities at the pumps will be on another around of big-time rollback, according to oil companies. Based on the outcome of five-day trading in the regional market, oil firms estimated that the...
Pililla AVPC Corporation (PACO), a subsidiary of Alternergy which was founded by former Energy Secretary Vincent S. Perez, has been awarded with a new renewable energy service contract by the Department of Energy (DOE) for its targeted offshore wind farm installation within Calavite passage in...
