The country’s grip on foreign direct investment (FDIs) appears to be slipping rapidly in the downstream oil sector, with industry insiders drip-feeding intel that American energy giant Chevron Corporation is already laying the groundwork for a prospective strategic exit – and that’s signaling...
Senator Sherwin Gatchalian said on Saturday, June 21, that the government can release a ₱2.5-billion fuel subsidy fund to cushion the impact of rising oil prices on the transportation, agriculture, and fisheries sectors, with the Israel-Iran conflict driving up fuel costs. In an interview on...
The Department of Energy (DOE) announced that the drilling operations in the Malampaya phase 4 project have commenced, following the arrival of a new drillship in offshore Palawan. In a statement on Friday, June 20, DOE Officer-in-Charge Sharon Garin, alongside officials of the Malampaya...
BRUSSELS, Belgium – The energy efficiency playbook of the Philippines is no longer just a local script, but it is a game plan already catching global attention, with the Department of Energy (DOE) flexing to the world the execution of policies that warranted the country’s initial gains on its...
President Marcos has directed the Department of Energy (DOE) to closely monitor the impacts of the ongoing tensions in the Middle East on fuel prices in the country. Marcos told the DOE to monitor closely in order to provide the necessary government intervention if the situation worsens and...
Prior to moving to the Department of Environment and Natural Resources (DENR), former Energy Secretary Raphael P.M. Lotilla said that the country’s energy situation has somehow improved under his wing, even as other problems have yet to find their solutions. During his final press briefing as...
Anyone seasoned in the trenches of the Philippine energy sector knows damn well that no law with decades-long consequences for the country and Filipino consumers gets slammed through a day of Congressional cocktail. Just ask the framers of the Electric Power Industry Reform Act (EPIRA) and the...
The Department of Energy (DOE) said that it is withholding the issuance of a Certificate of Conformity (COC) to the Manila Electric Company (Meralco) until it receives aligned findings from both the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC). Energy Assistant...
The Department of Energy (DOE) said that the resumption of the biodiesel blend increase will be under evaluation by the National Biofuels Board (NBB), following the suspension of the blend over tight supply and higher costs of coconut oil. In a briefing on Friday, June 13, Energy Undersecretary...
The Department of Energy (DOE) announced significant enhancements to the fourth round of the Green Energy Auction (GEA-4), including various capacity allocations and rescheduling of timelines to support the development of floating solar technologies in the country. In a statement on Thursday, June...
The Department of Energy (DOE) is set to launch the fifth Green Energy Auction (GEA-5), which will specifically offer fixed-bottom offshore wind (OSW) technology. In a statement on Wednesday, June 11, the DOE announced the auction targets an installation capacity of 3,300 megawatts (MW), or...
The Department of Energy (DOE) announced that it is partnering with the Japan International Cooperation Agency (JICA) to launch a three-year project to identify hydropower potential sites and boost the Philippines’ renewable energy (RE) strategies. In a statement on Tuesday, June 10, the DOE...
