Senator Sherwin Gatchalian said he is hopeful that the joint task force between the Energy Regulatory Commission (ERC) and the Philippine Competition Commission (PCC) will addess the perennial problems hounding the country’s power sector. “I am confident that the task force would work to...
The Upper Wawa Dam operator has assured it will provide ample water supply to Greater Metro Manila, especially during the dry season. In a statement on Friday, March 1, Prime Infrastructure-led WawaJVCo Inc. said that the Upper Wawa Dam flagship project is only a few steps away from completion, and...
The Department of Energy (DOE) will be offering 8,200 megawatts of renewable energy (RE) capacities in the fourth round of green energy auction (GEA-4) to be administered by the latter part of this year. In her remarks during an Energy Transition forum convened by Climate Smart Ventures (CSV),...
Cooking fuel will come heavier on the budgets of households this week as the price of liquefied petroleum gas (LPG) will go up by P0.27 to P0.30 per kilogram (kg) for the month of March, as announced by the industry players. Leading player Petron Corporation, in particular, implemented LPG price...
Greenfield as well as expansion generating facilities of Aboitiz Power Corporation will be shoring up power supply in the country this year by additional 400 megawatts – mainly coming from its solar plants that will be reaching commercial stream in the months ahead. In a briefing with reporters,...
Philippine officials and key industry players will be on a one-week Nuclear Energy Mission to Canada this March to scrutinize the policy frameworks and regulatory regimes of this developed market - primarily on how it had set the bar high on its ‘cradle-to-grave’ precept of nuclear energy...
Power utility giant Manila Electric Company (Meralco) has beefed up its supply portfolio with additional 400-megawatt baseload power supply procurement from the Limay thermal power plant of SMC Global Power Holdings of the San Miguel group. The tariff for the new interim power supply agreement...
Gas field operator Prime Energy Resources Development B.V. (Prime Energy) has announced the award of a contract to US firm subsidiary One Subsea of the Schlumberger group, for the supply of equipment for phase 4 drilling in the extended Malampaya project. The supply of equipment, according to the...
The Securities and Exchange Commission (SEC) has simplified the registration process for power companies opting for initial public offering (IPO) and other forms of stock offering that they will be pursuing at the local bourse. According to the Energy Regulatory Commission (ERC), the streamlined...
Razon-led Prime Energy is sorting out ‘rigorous routine maintenance inspections’ and plant shutdowns at the Malampaya facility as a preparatory step for planned fresh round of exploration and drilling activities for the extended production life cycle of the gas field. “For a facility with...
Gas supply from the Malampaya field has resumed and started feeding to the gas plants on Friday (February 23), , as affirmed by the gas-offtakers (buyers) and the Department of Energy (DOE). The four-day zero gas production from February 19-23 had earlier prompted full shift to liquefied natural...
The Department of Energy (DOE) and Ministry of Environment, Natural Resources and Energy (MENRE) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) are advancing on their ‘courting stage’ for capital flow on energy projects that shall be installed in the region. On top of that, the...
