With combined impact from the rising value of the US dollar and surging prices in the international market, big time hikes in fuel prices, particularly gasoline products, are due next week. Initial calculation by oil firms based on last week’s trading, gasoline prices could increase by P1.15 to...
Electricity consumers in Mindanao can soon exercise their ‘power of choice’ when it comes to their preferred electricity suppliers and on service that will fit their budgets, with the plan of the Department of Energy (DOE) to finally expand the coverage of Retail Competition and Open Access...
The government is eyeing to corner P2.984 trillion worth of renewable energy (RE) investments in line with the country’s clean energy scenario (CES) pathway that it targets to concretize in a span of two decades. In an Energy Investment Forum, Director Jesus T. Tamang of the Department of...
The Department of Energy (DOE) isn't interested with hitting back at Senator Manny Pacquiao, even if his allegations of corruption against the agency turn out to be baseless. (Photo from Manny Pacquiao's Instagram) Thus, said Assistant Secretary Gerardo Erguiza Jr. during the Laging Handa virtual...
An official of the Department of Energy (DOE), who reportedly resigned recently from his post, is well anticipated by power industry players as the next president of the Philippine Electricity Market Corporation (PEMC), which is the governance body of the Wholesale Electricity Spot Market (WESM)....
Department of Energy (DOE) Assistant Secretary Gerardo Erguiza Jr. insisted Wednesday, July 7 that there was no connection between the agency and the so-called independent market operator (IMO) for electricity that Senator Manny Pacquiao had tagged in alleged corruption. (Screengrab from Facebook...
For Department of Energy (DOE) Secretary Alfonso Cusi, Senator Manny Pacquiao's "whistleblowing" on alleged corruption in the Duterte government "is just an attempt to remain relevant" while the lawmaker is away. DOE Secretary Alfonso Cusi (Ariel Fernandez/ File photo/ MANILA BULLETIN) "Sen....
The participation of businesses or companies with self-generating assets is being sought, so they can switch on their own facilities when electricity supply in the grid would run tight in the coming weeks. This particular plea was put forward by the Energy Regulatory Commission (ERC); and to...
The Department of Energy (DOE) said the 20-day Malampaya preventive maintenance shutdown scheduled in October this year will spark higher rate hikes toward the close of the year. Energy Secretary Alfonso G. Cusi stated the higher electric bills to be paid by consumers will be mainly triggered “by...
Department of Energy (DOE) Secretary Alfonso Cusi has told the Task Force on Energy Resiliency (TFER) to prepare for the "worst-case scenario" in connection with the Taal Volcano situation, which has emerged alongside the coronavirus disease (COVID-19) pandemic. DOE Secretary Alfonso Cusi (Photo...
Despite the tight supply situation in the Luzon grid, plant owner and operator Hedcor Inc. opted to shut down its 70-megawatt Bakun hydropower facility as the host-community ignored an earlier letter from the Department of Energy (DOE) instructing the power firm to continue the operation of its...
The Department of Energy (DOE) is being urged to exercise ‘utmost transparency’ on its anticipated approval of the 45-percent Malampaya equity divestment of Shell Philippines Exploration B.V. (SPEX) to Malampaya Energy XP Pte. Lt., a subsidiary of Udenna Corporation owned by businessman Dennis...
