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...
The Department of Energy (DOE) has categorically declared that "no deal" was firmed up with the Chinese government on any joint oil and gas exploration activities at the disputed West Philippine Sea, including the Recto Bank which is reckoned as a gas-rich domain of the Philippines. Energy...
DOE widens labeling program for consumer products By MYRNA M. VELASCO The Department of Energy (DOE) has widened the labeling program it has been enforcing on consumer-products to include information and communication technology (ICT) sector, cooking/food processing, grooming and personal care as...
Hefty oil price hikes will greet consumers at the domestic pumps in the New Year, as the cost of fuel commodities will rise by Tuesday, Jan. 3, according to the oil companies. Based on the calculation of the industry players, the initial salvo of price escalations for 2023 had been estimated at...
The Energy Regulatory Commission (ERC) has announced that transmission firm National Grid Corporation of the Philippines (NGCP) has already filed an application for its tariff adjustment that is expected to result in lower electricity rate to be implemented next year. The regulatory body has not...
Power utility giant Manila Electric Company (Meralco) has already kicked off the competitive selection process (CSP) or bidding for the procurement of additional 480 megawatts of capacity that would augment power supply, especially during the peak demand-months of summer. Based on approval rendered...
