Driven by rising demand and tightening supply, oil prices are expected to rise again next week. Based on the four-day Mean of Platts Singapore (MOPS) and the forex average, gasoline could go up somewhere between ₱0.30 and ₱0.50 per liter, while diesel may increase by ₱0.70 to ₱0.90 per...
The Department of Energy (DOE) has released its list of qualified bidders for the fourth round of the Green Energy Auction (GEA-4), which seeks bids for onshore wind, solar power, and energy storage system (ESS) projects. According to a filing on the DOE website, a virtual pre-bid conference for...
The Department of Energy (DOE) said there is significant interest from private port developers in establishing facilities for incoming offshore wind (OSW) projects under the fifth round of the Green Energy Auction (GEA-5). Energy Assistant Secretary Mylene Capongcol told reporters that the success...
ILOILO CITY — The construction of a 62-megawatt (MW) solar power plant is underway in northern Iloilo province. Department of Energy (DOE) Secretary Sharon Garin joined executives of Jin Navitas Solaris Inc. (SOLARIS) led by Jainto Ng Jr. during the July 11 groundbreaking of Iloilo’s first...
The Department of Energy (DOE) announced that former DOE Undersecretary Sharon Garin has been officially inducted as the new Energy chief, following the oath-taking ceremony with President Ferdinand Marcos Jr. In a statement on Monday, July 14, Garin said that she would build on the work of former...
Now that she’s officially appointed at the “hot seat” of the Department of Energy (DOE), the honeymoon is over from her day one in office as designated Energy Secretary Sharon S. Garin is not exactly a newbie in the sector – so, it’s time for her to deliver electricity consumers’...
Following the start of drilling operations for Malampaya Phase 4 (MP4), the Department of Energy (DOE) announced that the first development well is expected to be completed by next month. Demujin F. Antiporda, DOE Energy Resource Development Bureau (ERDB) director, stated that the Camago-3 well,...
The Department of Energy (DOE) stated that the Atimonan coal plant project faces significant hurdles in securing re-approval under the coal moratorium exemption. In a briefing, Energy Secretary Sharon S. Garin explained that the coal project‘s re-evaluation must meet regulatory requirements,...
The Department of Energy (DOE) said the agency is addressing persistent power interruptions in off-grid areas, particularly Siquijor and Camotes Island, as it began rolling out short-term solutions to stabilize electricity supply. In a briefing on Wednesday, July 9, Energy Assistant Secretary Mario...
The Department of Energy (DOE) has been keeping an eye out for potential violations within the oil industry amid concerns over possible cartelization. DOE Officer-in-Charge (OIC) Sharon S. Garin explained that the agency does not have official policies on these matters; however, it can act as a...
The Department of Energy (DOE) is pushing forward with its hydrogen exploration efforts, conducting a survey in two Luzon provinces to gather geological and environmental data that will guide service contractors in their exploration activities. In a briefing, DOE Energy Resource Development Bureau...
Motorists are getting another round of relief as oil prices are set to go down further this week. Starting Tuesday, July 8, gasoline prices will decrease by ₱0.70 per liter, diesel by ₱0.10 per liter, and kerosene by ₱0.80 per liter. Shell Pilipinas, Seaoil, PetroGazz, and PTT are among the...