Senator Sherwin Gatchalian, chairman of the Senate energy committee, on Saturday, March 5 called on the Department of Energy (DOE) and power utilities to draw up contingency measures to address the imminent power interruptions, especially during the election period, because of thinning power...
Senator Sherwin Gatchalian on Friday called on the Department of Energy (DOE) to disclose the results of the Philipine nuclear program study first before adopting any nuclear energy program for the country. Gatchalian, chairman of the Senate Committee on Energy, said transparency “is the most...
Newly-issued Executive Order 164 of President Rodrigo Duterte has stipulated that the country’s need for baseload electricity supply shall be plugged by nuclear power facilities, which will serve as replacement to the targeted eventual phaseout of coal-fired electric generating assets. “Nuclear...
As global oil prices skyrocketed to $116 per barrel because of the escalating Ukraine-Russia war, Filipino consumers will need to brace for punishing price hikes of P2.00 to P3.00 per liter at petroleum pumps next week. Despite the astronomical spikes in domestic oil prices though, the Department...
Listed firm Basic Energy Corporation (BEC) will jumpstart the development of its proposed 50-megawatt wind farm project in Mabini, Batangas following its board’s approval of initial budget allocation of P31 million for the venture. “The wind resource assessment (WRA) for the Mabini wind power...
The Department of Energy (DOE) has issued warning against “profiteers” who will be taking advantage of the Filipino consumers amid the skyrocketing prices at petroleum pumps. Given reports that some gasoline stations in the provinces are already selling oil commodities close to P100 per liter,...
A “special settlement arrangement” is being firmed up for the trading of capacity in the Wholesale Electricity Spot Market (WESM) for the scheduled energization of the P52-billion Mindanao-Visayas Interconnection Project (MVIP), or the link-up of power grids in the two islands as concretized by...
Filipino consumers will have to tighten their belts once again when it comes to their fuel budgets this week, as gasoline prices will increase by P0.90 per liter; while diesel prices will go up by P0.80 per liter. Kerosene, which is the other fuel commodity in the weekly adjustments, will also inch...
The Department of Energy (DOE) is amplifying its pitch for American companies to consider injecting capital into the country’s renewable energy (RE) sector as government schedules another contracting round this year. Energy Secretary Alfonso G. Cusi sounded this off during a Virtual Economic...
Camarines Sur 2nd district Rep. LRay said he is "disgusted" by the Department of Energy (DOE) officials' lack of urgency with their proposed strategic petroleum reserve (SPR), which could have eased Filipinos' worries over the raging Russia-Ukraine conflict. Camarines Sur 2nd district Rep. LRay...
With oil prices soaring to as high as $105 per barrel on Russia’s invasion of Ukraine, the Department of Energy (DOE) has submitted formal proposal to President Rodrigo Duterte and Congress to expand the coverage of cost subsidies for the transport sector as well as hike the cash endowment beyond...
PetroGreen Energy Corporation, the energy investment arm of the Yuchengco Group, will be tapping a partner for its targeted 4,000 megawatts of offshore wind power projects in Luzon and Visayas grids. According to Francisco G. Delfin Jr., vice president of PetroEnergy Resources Corporation (PERC),...
