The remaining potential yield of the Malampaya gas production facility could go as high as 1.6 trillion cubic feet (TCF), or half of the current capacity of the field that is now being funneled for the requirements of more than 3,200 megawatts of gas-fired power capacities in the country. That has...
Government policymakers are being urged to save Petron refinery from its shutdown plan, because it is the only remaining strategic asset that could ensure the country’s energy security goals. Photo credit: https://www.petron.com/ Senate Committee on Energy Chairman Sherwin T. Gatchalian advanced...
Amid the tax predicaments raised by Petron on its refining business, the Department of Finance (DOF) indicated that it is not amenable to proposed tweaks in the country’s tax laws as applied to the supply chain of the downstream oil sector. Finance Secretary Carlos G. Dominguez III (MANILA...
To force the country into ‘clean energy’ transition, the Department of Energy (DOE) has enforced moratorium on new coal-fired power plant projects. But it’s not time for the clean energy advocates to pop the champagne bottle yet, because the DoE qualified the moratorium will not cover...
As an aftermath of severe storm Quinta’s devastation, massive swath in 15 provinces groped in the dark due to power outages caused by damages in various power facilities. According to the Department of Energy, the estimated cost of damage to the power facilities of the electric cooperatives (ECs)...
The Department of Energy (DOE), through its Task Force on Energy Resiliency (TFER), has mobilized the country’s power firms so probable power interruptions or blackout impact of tropical storm ‘Pepito” could be eased if not totally avoided in various parts of the country. Energy Secretary...
Lopez-led FGEN LNG Corporation will conclude by the middle of next month the bid process for its planned chartering of a floating storage regasification unit (FSRU) to serve as its interim facility on targeted importation of liquefied natural gas (LNG) starting year 2022. Jonathan C. Russell,...
The Energy Regulatory Commission (ERC) was urged to undertake virtual public consultations on its “no disconnection policy” for the power industry, so consumers and the distribution utilities (DUs) would not keep guessing how this particular rule would be enforced....
Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBP), was bestowed highest compliance rating among coal-fired power plants in the country, on its adherence to the rules being enforced by the Wholesale Electricity Spot Market. The company, in a...
The country’s Malampaya field logged its all-time high gas production at 155.495 billion standard cubic feet (scf) last year, according to data from the Department of Energy. The Malampaya gas field uses an innovative and sustainable deepwater technology for recovering natural gas from the...
(MANILA BULLETIN File photo) Filipino households will need to spend more on their cooking fuel budget this month as the price of liquefied petroleum gas (LPG) had been up by P1.00 per kilogram or an equivalent P11.00 for the standard tank. The products of industry players -- Petron Corporation for...
The Energy Regulatory Commission (ERC) is scheduled to issue an advisory or order that will direct power utilities, like the Manila Electric Company (Meralco), to extend for at least 30 days the bill payments of customers in line with the prescription of Republic Act 11494 or the Bayanihan Act-2....
