For the fifth time in a series of cost adjustments in the past two months, the pockets of consumers will be eased partly with the anticipated rollback in diesel and kerosene prices next week, but motorists using gasoline are not as lucky because the cost of this commodity will go up. Industry...
Ayala-led ACEN Corporation has inked a deal with European industrial giant Siemens Gamesa Renewable Energy Technology (SGRE) for the procurement of wind turbines to be deployed to its 70-megawatt wind farm project in Ilocos Norte. According to the Ayala company, Siemens Gamesa will supply and...
Prime Exploration Pte. Ltd., a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), announced its acquisition from Udenna Corporation of businessman Dennis Uy the 45 percent operating stake in the depleting Malampaya gas field asset. In a statement to the media, Prime...
The Department of Energy (DOE) will prioritize the return-to-operation of the 1,200-megawatt Ilijan gas-fired power plant that is currently on shutdown because of fuel lack due to the depleting state of the Malampaya gas field. “We lost 1,200MW of Ilijan, which is powered by natural gas, so this...
Filipino consumers will have another streak of luck next week on their fuel budgets as prices will be on another round of rollback, albeit modest, with diesel products anticipated to have heftier cost reduction of P1.80 to P2.10 per liter. Additionally, oil firms calculated price cut of P0.40 to...
The Philippine Petroleum Association (PAP) has asked Energy Secretary-designate Raphael Perpetuo M. Lotilla to finally push for the resumption of oil and gas exploration activities within Philippine basins – an investment domain that practically stalled under the Duterte administration. “It is...
Relevant stakeholders in the power industry are already advancing priority policy proposals and offering help to Energy Secretary-nominee Raphael Perpetuo M. Lotilla, primarily in addressing the recurring dilemma of thinning power supply as well as the country’s energy transition agenda to be...
While the government is pushing for massive-scale green technology installations in the power industry, the Department of Energy (DOE) indicated that the main segment that will trigger radical spike in the country’s carbon emissions will be the transport sector. As stated in the updated...
Domestic pump prices will have another round of significant rollback next week as global oil prices tumbled below $100 per barrel. Based on the calculation of the oil companies, the price of 92RON gasoline products will be cut by P5.30 to P5.50 per liter while RON95 gasoline will be trimmed by...
Senator Sherwin Gatchalian on Thursday, July 14 filed a cyberlibel complaint against former Department of Energy (DOE) secretary Alfonso Cusi at the Valenzuela City Prosecutor’s Office. Sen. Sherwin Gatchalian files cyberlibel charges against former Energy Secretary Alfonso Cusi at the Valenzuela...
Senator Sherwin Gatchalian on Tuesday, July 12 said Raphael Lotilla should be allowed to be the Department of Energy (DOE) chief. Senator Sherwin Gatchalian (MANILA BULLETIN FILE PHOTO) Gatchalian, who served as the Senate Committee on Energy during the 18th Congress, said he will file...
Lawyer Raphael Lotilla remains a nominee to head the Department of Energy (DOE) pending clarification and submission of required documents on his employment status, Malacañang said. Atty. Raphael Lotilla Press Secretary Trixie Cruz-Angeles reiterated the status of Lotilla's designation as Energy...
