In line with the Philippine government’s decarbonization commitment to the 26th Conference of the Parties (COP) Climate Change Summit, the Department of Energy (DOE) has projected of more than P4.874 trillion worth of "green investments" that could be rolled out in the country. According to...
Surigao del Sur Rep. Johnny Pimentel has called for the Department of Energy (DOE) to assure the “seamless transfer” of Malampaya’s day-to-day gas business amid calls for a probe of Shell Petroleum B.V.’s $460 million operator switch to Udenna Corp. “We are counting on a smooth handover...
The Board of Investments (BOI) has approved the registration of Chinese-owned Sinoma Energy Conservation (Cebu) Waste Heat Recovery Co. Inc. as a new operator of a 4.5 megawatt (MW) power generating plant that will supply energy to a cement manufacturing plant in Cebu and consumers in the province....
Manila has outlined its envisioned path towards a sustainable energy future during the Energy Transition Partnership event at the ongoing 26th United Nations (UN) Climate Change Conference of the Parties (COP26) in Glasgow, Scotland. In his presentation, Energy Undersecretary and Spokesperson Felix...
President Duterte has vowed to put an end to Palawan's electricity woes by expropriating the franchises of the underperforming power providers in the province. President Rodrigo Duterte speaks during the joint meeting of the NTF-RTF ELCAC in Region IV-B in Puerto Princesa City, Palawan on Nov. 4,...
A principal author of the law that imposed excise taxes on fuel is now seeking the reduction of the much-criticized imposition but with an effectivity of just six months - from December 1, 2021 to June 1, 2022. Albay Rep. Joey Sarte Salceda Albay Rep. Joey Sarte-Salceda, chairman of the House...
Nueva Ecija Third District Rep. Rosanna “Ria” Vergara chided the Department of Finance for taking an adamant stand against moves to suspend collection of excise tax on fuel as way of protecting Filipinos from the impact of uncontrolled price hikes in petroleum products. Rep. Ria Vergara...
House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Thursday, Oct. 29 slammed the Department of Finance for aggressively pushing for approval of a bill that resulted foregone revenues of P260 billion to government while standing strong against any move to suspend the...
The National Electrification Administration (NEA) should earmark some of its budget for the residents in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), Senator Sherwin Gatchalian said. Gatchalian, chair of the Senate Energy Committee, noted that not a single centavo of its proposed...
The Department of Agriculture (DA) and the Department of Energy (DOE) are in talks about the possible implementation of a gasoline discount mechanism in the fisheries sector, one of the most hit farm sub-sectors by the incessant rise in gasoline prices. In a briefing Monday, Oct. 25, DA...
Vice presidential candidate Senator Christopher “Bong” Go on Sunday urged the government to consider granting fuel discounts or subsidy for those in the transportation industry and other strategic sectors to help cushion the impact of the recent oil price increases. Go said the Department of...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
