Malampaya operator Shell Philippines Exploration B.V. (SPEX) was ordered by the Department of Energy (DOE) to explain the four-day fuel supply disruption to the country’s gas-fired power plants which triggered their shift to more expensive liquid fuels and de-rating of their generation capacity....
The depleting Malampaya field has stopped supplying gas to the three gas-fired power plants of First Gen Corporation starting Saturday, September 11, compelling the shift of the electric power generating facilities to more expensive liquid fuels. Malampaya platform photo Sources from First Gen...
The core component of the 20-day maintenance shutdown of the Malampaya gas production facility next month will be the “shallow water platform”, primarily its flare tip replacement, according to Shell Philippines Exploration B.V. (SPEX), the operator of the gas field. The shallow water platform...
Fake letters or correspondence sent by unscrupulous individuals to the Department of Foreign Affairs (DFA) had caused delays in power plant maintenance activities that subsequently triggered this year’s rotational blackouts, according to the Department of Energy. As explained by the energy...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is awaiting firm commitment from Philippine National Oil Company (PNOC) before deciding to advance any further discussion or negotiation on its targeted purchase of the ‘banked gas’ that can be utilized for the...
Presidential Spokesperson Harry Roque has quelled concerns of possible coronavirus disease (COVID-19) vaccine spoilage during the scheduled 20-day maintenance shutdown of the Malampaya deep-water gas facility this October. Vials of COVID-19 vaccines. (Keith Bacongco/ File photo/ MANILA BULLETIN)...
The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented to media has not taken into account critical factors yet – including the recurring forced outages of power plants, the gas...
At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market next year. Already head-to-head in the race are the proposed LNG offshore facilities of First Gen Corporation...
On account of the rising value of the US dollar versus the local currency and high oil prices in the world market, the Department of Energy (DOE) is re-calculating the rate hikes that will be passed on in the electric bills of consumers when the Malampaya gas production facility will be on...
Electricity rates are expected to rise again in this billing month due to a confluence of factors such as the peso depreciation versus the US dollar, and uptick in the oil spot market prices, according to the Manila Electric Company (Meralco). 23953 “There may be a high probability for an...
‘Midnight deal’ The Department of Energy (DOE) has been cautioned on granting a ‘midnight deal extension’ for the license or the Service Contract 38 of the Malampaya venture. Senator Sherwin T. Gatchalian, chairman of Senate committee on energy, issued this caution given that by the...
The Philippine energy sector is bracing for a “triple whammy” next year – especially in the peak demand months of summer – due to highly probable continued forced outages in power facilities; de-rating of the gas plants; and shortage of gas fuel that can already be extracted from the...
