The Department of Energy (DOE) has entered into a memorandum of agreement (MOA) with the Department of Trade and Industry (DTI) for them to collaborate on the formulation of propounded Philippine National Standards (PNS) for the country’s natural gas industry. Based on the pact sealed by the two...
Senator Sherwin Gatchalian on Sunday expressed fears that the upcoming power outages next month could affect the government’s rollout of the coronavirus (COVID-19) vaccines. According to Gatchalian, there is a strong possibility several parts of Luzon would be experiencing rotational brownouts...
Filipino consumers will need to beef up their fuel budgets as prices at domestic pumps could slightly rise again next week based on the calculations of oil industry players. For gasoline products, the estimates would be an increase of P0.40 to P0.50 per liter while diesel by a marginal P0.25 to...
The country’s electric cooperatives (ECs) are stepping up restoration efforts to bring back electricity supply in many areas that had been recently pummeled by typhoon Bising – primarily those in Visayas and the Bicol region. The National Electrification Administration (NEA), which has...
The power generation companies (GenCos) that are experiencing prolonged outages on their generation facilities could face anti-competitive behavior and economic sabotage raps because they have been violating government-enforced laws and policies, according to the Department of Energy. According to...
The Department of Energy (DOE) is giving its guarantee to the Filipino public that they are not going to suffer brownouts or electricity service disruptions within the stretch of the April-June summer months, as long as demand would remain lean and if there would be no additional major power plants...
The power generation arm of San Miguel Corporation will cough up US$1.0 billion worth of investments for 31 new battery energy storage (BES) projects that it will be deploying in various sites nationwide. The company, in a statement to the media, has emphasized that the BES facilities will have...
The Energy Regulatory Commission (ERC) has instituted new market share limits (MSLs), in terms of capacity installations, that the country’s power generation companies (GenCos) must comply with this year in accordance with the prescriptions of the Electric Power Industry Reform Act. On a...
The Philippine government said it will invoke ‘exclusive licensing’ authority for any and all petroleum exploration ventures that will be carried out within the disputed territories of the West Philippine Sea. This was set on record by Energy Secretary Alfonso G. Cusi, in line with the...
With many of the country’s electric cooperatives (ECs) still getting back on their feet following last year’s wallop of disasters and most still prepping for recovery from the health crisis, the National Electrification Administration (NEA) reported that loan portfolios extended to these rural...
Ayala-led upstream petroleum company ACE Enexor Inc. is seeking the Department of Energy’s (DOE) imprimatur on the declaration of a “one-year force majeure period” to provide leeway for the unforeseen delays in the company’s oil and gas drilling timetable. During the company’s annual...
Consunji-led Semirara Mining and Power Corporation (SMPC) has declared dividend of P1.25 per common share to all of its outstanding stockholders as of the specified record date and based on the company’s dividend policy. The firm apprised covered shareholders that the prescribed record date had...
