An opposition leader in the House of Representatives welcomed on Wednesday, Oct. 20 the recommendation of Energy Secretary Alfonso Cusi to grant his department authority to suspend taxes on fuel to address rampaging increase in prices. Gasoline pump picture Deputy Minority Leader and Bayan Muna...
The government is expecting P492.4 billion worth of investments if the oil and gas service contracts (SCs) to be awarded under the Philippine Conventional Energy Contracting Program (PCECP) designed by the Duterte administration will eventually reach commercial development and production phases....
The country’s grand ambition for massive solar power installations could result in weaker food sustainability, because energy developments could snatch lands that could have otherwise been allocated for agricultural production, a study outcome of the Department of Energy (DOE) has shown. The DOE...
Senator Sherwin Gatchalian on Thursday, Oct. 14 urged the government to reactivate the government’s fuel subsidy program, Pantawid Pasada Program, to provide relief to the public transport sector that would be affected by the recent oil price increases. Gatchalian said it is important to shield...
The lingering price hike in oil and other petroleum products may persist up until the end of the year or in the first quarter of 2022 due to still limited supply of energy, an official of the Department of Energy (DOE) said Tuesday, Oct. 12. DOE-Oil Industry Management Bureau Director Rino Abad...
Senator Sherwin Gatchalian has raised alarm over the possibility that the government is entering into a midnight deal to extend the service contract of the Malampaya project with the gas field operator Shell Philippines Exploration B.V. (SPEX) by finalizing the transfer of its participating...
Listed firm Phoenix Petroleum Philippines Inc. further expanded its market share to 8.3 percent in the first half this year from a leaner 7.1 percent last year, securing its stature as the third biggest player in the deregulated downstream oil industry in the country. Phoenix Petroleum Logo Citing...
Senator Sherwin Gatchalian said he is upbeat there is still hope that the country can achieve total electrification of all households by 2022. This was after the Senate passed on third and final reading Senate Bill No. 1928 or the proposed Microgrid Systems Act on Monday, September 13. The bill...
Department of Energy (DOE) Sec. Alfonso Cusi reassured the public Friday, Aug. 27, that sufficient power supply nationwide will not be a problem in the upcoming 2022 national and local elections. Sec. Alfonso Cusi (DOE FB video) In a virtual press briefing, Cusi projected that "there is enough...
Two senators on Tuesday deplored the Department of Energy’s (DOE) indifference in arresting any possibility of rotational brownouts happening in the upcoming May 2022 national elections. “This is unacceptable! Kaya tayo merong DOE ay para siguraduhing meron tayong kuryente (The reason why we...
Senator Risa Hontiveros on Sunday, August 15 decried the audacity at which the National Grid Corporation of the Philippines (NGCP) warned of future increases in electricity rates if it continues to contract suppliers for larger power reserves. Hontiveros said she is wondering how the NGCP is bold...
Senator Risa Hontiveros on Wednesday reiterated her call for authorities to suspend any power rate increase until the Energy Regulatory Commission (ERC) is able to provide a clear and justifiable reason on the rising cost of electricity and investigation on the rotational blackouts is completed....
