Gas, pump fuel, oil price (Ali Vicoy/ File photo/ MANILA BULLETIN) Whatever happened to the Department of Energy's (DOE) strategic petroleum reserve program (SPRP)? This was the question left on the mind of Camarines Sur 2nd district Rep. LRay...
With successive cost spikes already running on its 11th week, the consumers’ drive to the gasoline stations will mimic another episode akin to squeezing blood from stone as petroleum prices will incur hefty increases next week, based on the calculation of the oil companies. According to the...
President Marcos has invited Singaporean businesses to consider the Philippines as an investment hub for renewable energy (RE) as he bared his administration's efforts to lower electricity rates in the country. PBBM IN SINGAPORE — Government officials join President Marcos in a roundtable...
The Department of Energy (DOE) is eyeing to tap technical assistance from either the United States Agency for International Development (USAID) or the United Nations Development Programme (UNDP) for targeted new survey on ‘social acceptance’ for nuclear power as an option in the Philippine...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
The Department of Energy (DOE) will be issuing policy guidelines that will lay down the framework of incentives for targeted hydrogen-anchored investments in the country. According to Atty Patrick T. Aquino, director of the DOE’s Energy Utilization Management Bureau (EUMB), the draft guidelines...
The Philippine government will prioritize looking for investments in digital transformation and clean energy. In an economic briefing in Dubai, Budget Secretary Amenah F. Pangandaman said that digital transformation will improve public service delivery and reduce the cost of doing business in the...
A legal opinion is being sought from the Department of Justice (DOJ) on a targeted memorandum of agreement (MOA) that shall be signed by the Department of Energy (DOE) with the Department of Environment and Natural Resources (DENR) to sort out the concerns of investors on foreshore and seabed...
Power utility giant Manila Electric Company (Meralco) will be accelerating its fleet electrification to 25-percent by the turn of the decade, and this is a way for it to help speed up the country’s overall bid for electric mobility. Ferdinand O. Geluz, first vice president and chief commercial...
LONDON, England – There are only 5-6 sites that are currently viable to host nuclear power projects based on initial assessments done by various relevant government agencies, according to Energy Undersecretary Sharon S. Garin. She noted in an interview here that of the 11 sites previously...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...