Beyond the provision of quality fuel products, Pilipinas Shell Petroleum Corporation is also extending value-added services to its customer-partners that include strengthening safety standards and measures on fleet deployments. Such sharing of safety standards was sounded off in the recently...
As global oil prices swung to new highs last week, price increases at Philippine pumps are anticipated again next week. Based on the calculation of the oil companies, the highest increase for kerosene products could be P0.85 to P0.90 per liter. This commodity is largely regarded as a base for...
Seeks gov’t intervention System operator National Grid Corporation of the Philippines (NGCP) is seeking intervention -- primarily from the government as well as relevant stakeholders -- so the worrying thinning supply in this year’s summer months until August will not result in distressing...
The recurring gas production restriction from the Malampaya field will de-rate anew the electricity generation of the 1,200-megawatt Ilijan gas-fired power facility in Batangas, one of the biggest power plants in the country. In an advisory sent by state-run National Power Corporation to plant...
After chiding the United States for technically snubbing the Philippines’ offer of energy investments, Energy Secretary Alfonso G. Cusi still tugged his way into courting American firms to pour in capital in geothermal as well as petroleum exploration projects being offered by the country. “We...
Following government’s approval of its 45-percent stake acquisition in the multi-billion Malampaya project, Udenna Corporation conveyed that it absorbed the technical team and core of experts from previous interest-holder Chevron Corporation so it can seamlessly help in the continuous operation...
The Department of Energy (DOE) has officially approved the transfer of the divested 45-percent shareholdings of American firm Chevron Corporation in the multi-billion Malampaya gas field project to UC38 LLC, a subsidiary of Udenna Corporation owned by businessman Dennis Uy. In a formal...
The electrical linemen and meter readers in the power sector are being pushed for prioritization in the country’s Covid-19 vaccination program given the very high risk of exposure they have in carrying out their jobs. The proposal was put forward by Senate Committee on Energy Chairman Sherwin T....
With the easing of quarantine protocols this week, Filipino motorists can benefit from the marginal rollback in pump prices implemented by the oil companies at the scale of P0.25 per liter for gasoline, and P0.10 per liter for kerosene products....
National government agencies (NGAs) as well as local government units (LGUs) have been prodded to lead the way in complying with the mandated energy efficiency and conservation (EE&C) roadmap and standards being cast for the country....
The Department of Energy (DOE) is laying down the guidelines and requirements for energy efficiency (EE) ventures seeking tax incentives with the Board of Investments (BOI). The DOE has recently issued an initial draft of the Circular, but this will still be subject to consultations with...
State-run National Transmission Corporation (TransCo) has warned that the feed-in-tariff allowance (FIT-All) fund could be depleted, adversely impacting the financial viability of the beneficiary-renewable energy (RE) firms. TransCo President and CEO Melvin A. Matibag In a virtual conference...
