Being the pioneer at protecting and preserving Verde Island Passage (VIP) for roughly two decades already, the work and initiatives of Lopez-led First Gen Corporation and ABS-CBN Foundation will serve as the foundation for ‘scalable solutions’ to be pursued at that marine protected area (MPA)...
The Department of Energy (DOE) has acknowledged that there would be ‘major environmental concerns’ that have to be seriously scrutinized and weighed on proposed energy projects that will traverse some stretch of the Verde Island Passage – not just with offshore wind farm developments, but...
Consumers will be greeted with a ‘mixed bag’ of price adjustments at the pumps next week, with rollback for gasoline and diesel prices seen to be on continued track, but kerosene prices will have slight upward adjustment. Based on the calculation of the oil companies, the price of gasoline...
The consumption of biofuel in the Philippines is expected to increase this year due to a rise in fuel pool and the expected adoption of higher blending standards, the US Department of Agriculture (USDA) said. The USDA projected that the demand for fuel ethanol in the country would rise by eight...
The Department of Energy (DOE) is counting on the commercial fruition of roughly 13,000 megawatts (MW) of committed power projects for the country to ultimately get out from the ‘wobbly state’ of its electricity supply. As explained, committed capacity would refer to projects that are already...
Many offshore wind investors may end up abandoning their proposed projects as both government and private sector advocates have been intensifying calls and activities for reinforced protection of the Verde Island Passage (VIP). A highly placed source indicated that a multinational company along...
Senator Risa Hontiveros on Wednesday, May 15 called on the Department of Energy (DOE), the Energy Regulatory Commission, and the National Grid Corporation of the Philippines (NGCP) to demonstrate the foresight and competence needed to address the power supply shortage being felt around the country....
Senator Raffy Tulfo (Senate PRIB) Senate Committee on Energy chairman Senator Raffy Tulfo questioned the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) over their failure to regularly monitor power plants amid frequent outages....
Consumers who are filling up their vehicles with gasoline products will be the happiest in their drive to the petroleum pumps next week, as the price of this commodity is projected to have a rollback of more than P2.00 per liter. Based on the result of four-day trading in the regional market, the...
A substantial financial breather may finally come at the pumps next week for consumers who are filling up their vehicles with gasoline products, as the price of this commodity is anticipated having a rollback in the vicinity of P2.00 per liter. Based on the outcome of three-day trading in the...
The coal moratorium enforced in 2020 which sculpted the entry of more renewable energy (RE) investments remains as a non-negotiable policy stance to former Energy Secretary Alfonso G. Cusi if he will have his way, because that had drawn the line in the sand for the country’s greener future. In a...
Consumers’ trip to the petroleum pumps will be less painful this week, as the oil companies implemented relatively significant rollback in prices. Based on the pricing adjustment notices of the industry players, the price of diesel products will be trimmed by P0.90 per liter, gasoline by P0.75...
