Listed firm RASLAG Corporation (ASLAG) is eyeing to fetch higher revenues this year with the commercial operation of its 18.01-megawatt Raslag-3 solar farm project in Pampanga. Based on the company’s forecast, the scale of electricity generation of the new solar plant could reach 13.5-gigawatt...
The Department of Energy (DOE) revealed that the 165-megawatt Casecnan hydropower plant had been on forced shutdown since October last year due to "unresoved issues" with the indigenous peoples (IPs) in its host community in Nueva Ecija. This came to light as the DOE admitted that the facility’s...
Consumers’ pockets can finally gain substantial relief next week, as petroleum products at the pumps will be on massive rollback, according to the oil companies. Based on the industry’s calculations as anchored on the Mean of Platts Singapore (MOPS), diesel prices will be reduced by as much as...
President Ferdinand Marcos Jr. has directed the officials of the Department of Energy (DOE) to submit a comprehensive report on oil price swings as well as the cost impacts of rising fuel prices to the public utility vehicle (PUV) drivers and the agricultural sector as basis for potential...
Yuchengco pursues solar projects By BERNIE CAHILES-MAGKILAT After securing relevant permits from the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR), Yuchengco-led PetroGreen Energy Corporation (PGEC) is now ready to advance to final investment decision...
With no top official in-charge at the Department of Energy (DOE), the Luzon grid was again subjected to "yellow alert" or the lack of power reserves that could potentially plunge the country's main economic center with rotational blackouts. System operator National Grid Corporation of the...
President Ferdinand "Bongbong" Marcos Jr. will prioritize food security as temporary Department of Agriculture (DA) secretary, but he is also expected to keep a close eye on energy matters. Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand Marcos Jr. (Facebook, Lakas-CMD Media)...
Finally, there would be temporary relief in the pockets of Filipino consumers next week as diesel and kerosene prices are expected to have big-time rollback of roughly P3.00 per liter, according to calculation by the oil companies. Estimates from the outcome of last week’s trading based on the...
Solar Philippines cornered 91 percent of the power supply agreements (PSAs) recently awarded by the Department of Energy, boosting the Leviste-owned company's dominance in the local solar energy industry. In a statement to the media, the company emphasized that out of the 1,490 megawatts of awarded...
Renewable energy (RE) developers, which have been awarded with 20-year power supply agreements (PSAs) under the Green Energy Auction Program (GEAP), face bid bonds cancellation if they will fail to deliver the committed capacity. Energy Senior Undersecretary Felix William B. Fuentebella...
House Strategic Intelligence Committee Chairperson Rep. Johnny Pimentel has called on the Department of Energy (DOE) to lift suspension of oil and gas drilling activities in the Recto Bank, also known as the Reed Tablemount. West Philippine Sea (FILE PHOTO FROM AFP) This, following the total...
Following the government’s announcement that it already terminated its joint oil exploration talks with China, the Department of Energy (DOE) indicated that Pangilinan-led PXP Energy Corporation can now proceed with its oil and gas exploration activities at the Recto Bank. In a statement to the...
