Camarines Sur 2nd district Rep. LRay said he is "disgusted" by the Department of Energy (DOE) officials' lack of urgency with their proposed strategic petroleum reserve (SPR), which could have eased Filipinos' worries over the raging Russia-Ukraine conflict. Camarines Sur 2nd district Rep. LRay...
With oil prices soaring to as high as $105 per barrel on Russia’s invasion of Ukraine, the Department of Energy (DOE) has submitted formal proposal to President Rodrigo Duterte and Congress to expand the coverage of cost subsidies for the transport sector as well as hike the cash endowment beyond...
PetroGreen Energy Corporation, the energy investment arm of the Yuchengco Group, will be tapping a partner for its targeted 4,000 megawatts of offshore wind power projects in Luzon and Visayas grids. According to Francisco G. Delfin Jr., vice president of PetroEnergy Resources Corporation (PERC),...
So what has the Department of Energy (DOE) been doing amid the successive and hefty price hikes on fuel? Camarines Sur 2nd district Rep. LRay Villafuerte (Photo from LRay Villafuerte's Facebook page) For former House Deputy Speaker LRay Villafuerte, the agency simply isn't doing enough to give the...
Filipino consumers are bracing for another week of added financial burden at petroleum pumps as the price of gasoline products will rise anew by P0.80 per liter; while diesel prices will go up by P0.65 per liter. Kerosene products, the base for aviaton fuel will also increase by P0.45 per liter,...
The Department of Energy (DOE) is eyeing to firm up a deal with the Japanese government, via the Japan Oil, Gas and Metals National Corporation (JOGMEC), for the conduct of a feasibility study that could concretize the proposed strategic petroleum reserve (SPR) or oil stockpiling in the country....
As global oil prices inched higher, hefty cost adjustments at domestic petroleum pumps are expected again next week for the 8th round this year. From the outcome of last week’s international trading, it has been estimated that gasoline prices will increase by P0.95 to P1.05 per liter; diesel by...
The Department of Energy (DOE) has honored at least three retail stations of Pilipinas Shell Petroleum Corporation (PSPC) with “seal of excellence” for the top-tier quality service it has been providing to customers. The mobility stations of the oil firm had likewise been acclaimed for...
Power utilities servicing the Luzon grid still have 2,269 megawatts in available untapped or uncontracted capacities enough to supply power to distribution utilities (DUs) and electric cooperatives (ECs) and ensure customers have electricity even in instances of sudden surge in demand. According to...
The P52-billion Mindanao-Visayas Interconnection Project (MVIP) of transmission firm National Grid Corporation of the Philippines (NGCP) will add an initial 300-megawatt to energy-starved Luzon grid starting June this year, according to the Department of Energy. That will then help save Luzon grid...
The Department of Energy (DOE) will be firming up the terms of reference (TOR) for the targeted auction of 2,000 megawatts of renewable energy (RE) capacity that will be offered to investors this year. The TOR for the RE bidding, according to Energy Assistant Secretary Redentor E. Delola, will be...
The Department of Energy (DOE) is seeking “investor-challengers” in the auction of at least 10 coal blocks in Mindanao covered by the unsolicited proposal of Manila-based Grand Thermal Power Corporation. In a notice published by the energy department, the submission of offers of the interested...
