The incoming Marcos administration is being urged to pursue key legislation that will compel the oil companies to “unbundle” or segregate the various cost items they have been passing on to consumers at petroleum pumps. One major policy prescription of a study underpinned by state-run...
American investors joined the clamor calling for the lifting of foreign ownership limit in the renewable energy (RE) sector to be a priority policy to be pursued by the Marcos administration to attract more offshore capital flow, primarily for solar and wind farm projects in the country. American...
Consumers will need to squeeze blood from stone again as the price of petroleum commodities will track another wave of big-time hikes at the pumps next week, based on the calculation of the oil companies. On the estimates of industry players, the price of diesel products will soar by additional...
The sale of Dennis Uy's majority shares of the Malampaya gas field to Razon-led Prime Infrastructure Holdings Inc. should go through "strict" approval process by the next leadership of the Department of Energy (DOE) to uphold the public's interest in handing over the ownership of that key energy...
Senator Sherwin Gatchalian on Monday urged the incoming new administration of the Department of Energy (DOE) to ensure that existing laws and regulations are followed before giving its consent to the impending entry of the Razon-led Prime Infrastructure Holdings Inc. (Prime Infra) in the Malampaya...
Senator Sherwin Gatchalian said Saturday, June 4 that the next Department of Energy (DOE) secretary should be a veteran in the field with a long-term vision for the country’s energy security. “Having been at the helm of the Senate energy committee for the past six years, I can say that the next...
The Department of Energy (DOE) indicated that it is amenable to planned takeover of Razon-led Prime Infra Holdings Inc. for the continued operations of the Malampaya gas field facility. In a statement to the media, Energy Secretary Alfonso G. Cusi noted that the ongoing partnership discussions...
The Energy Regulatory Commission (ERC) has updated some provisions of the Open Access Transmission Service (OATS) rules, simplifying the charges being passed on to consumers. The OATS rules serve as the regulatory framework in the operation of the country’s power transmission network, a major...
Exemption or reduction in payment of the motor vehicle user’s charge (MVUC) for electric vehicles (EVs) is among the set of incentives proposed to be incorporated in the implementing rules and regulations (IRR) of the new Electric Vehicles and Charging Stations Act. Energy Undersecretary Felix...
Motorists with diesel-fed vehicles will experience relief as this fuel commodity will be on a hefty rollback of P3.00 to P3.20 per liter next week, based on the calculation of the oil companies. Another product that will have significant price decline is kerosene at the scale of P2.00 to P2.20 per...
The Department of Energy (DOE) indicated that out of the seven liquefied natural gas (LNG) projects with government permits, only two gas import facilities may actually reach completion while four others are experiencing delays and another one already dropped from the race. In a briefing with the...
The team of outgoing Energy Secretary Alfonso G. Cusi is preparing a "comprehensive plan" and "to-do-list" that it will be passing on to the upcoming energy officials of the administration of presumptive President Ferdinand Marcos Jr. In a briefing with reporters, Energy Undersecretary Felix...
