The Philippine National Oil Company-Exploration Corporation (PNOC-EC) effectively protected the country’s national interest when it blocked the sale of Shell Philippines Exploration B.V.’s (SPEX) stakes to Malampaya Energy XP Pte. Ltd., a subsidiary of Dennis Uy-led Udenna Corp., in the...
Senator Risa Hontiveros on Tuesday, Sept. 14 called on the Energy Regulatory Commission (ERC) and power companies to suspend any planned electricity rate increases until the Senate Committee on Energy is done with its investigation into the rotational power outages last May and June. Hontiveros...
The Energy Regulatory Commission (ERC) should direct its distribution utilities (DUs) to suspend all disconnection activities within its franchise area that are placed under enhanced community quarantine (ECQ) and modified ECQ, Senator Sherwin Gatchalian said Thursday. Gatchalian, chair of the...
Speaker Lord Allan Velasco lauded President Rodrigo Duterte for signing into law the proposal to establish the Philippine Energy Research and Policy Institute, saying that this is a “major victory for the energy sector.” 41FA4097-B706-4A57-8415-CB55CA7F07D1_4_5005_c Velasco is the main author...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on...
The House Committee on Energy on Wednesday, May 12 approved the draft substitute bill on the proposed “Electric Vehicles Act” that seeks to promote the use of e-vehicles in the Philippines. The House energy panel, together with the House Committees on Ecology and Transportation, approved the...
The Senate Committee on Energy is requiring the Department of Energy (DOE) to legally justify the approval it bestowed on the transfer of the unloaded 45-percent shareholdings of Chevron Corporation in the Malampaya gas field venture to buyer Udenna Corporation. In a statement to the media, Senator...
The Malampaya deep water gas-to-power project had already turned in P311 billion worth of revenues to the Philippine government since the start of its commercial operations, according to Senate Committee on Energy Chairman Sherwin T. Gatchalian. Senator Sherwin Gatchalian (MANILA BULLETIN FILE...
With forecasts of hiked budget deficits until next year, Senate Committee on Energy Chairman Sherwin T. Gatchalian forthrightly stated that the Philippine government has no money to buy the 45-percent stake being unloaded by Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya...
Crippling brownouts will dampen the country’s bid for economic recovery in the near term if the Department of Energy (DOE) will not act early enough to concretize a viable replacement for the gas output from the Malampaya field. Senator...
