Fuel prices seen to go up next week
After seven straight weeks of price rollbacks, motorists shall brace for an increase in the pump prices of petroleum products in the coming week. Citing oil trading in the past four days (August 15 to 18), an oil industry source told GMA News Online that the price per liter of diesel may increase by P2.00 […]
Marcos govt keeps ban on new Philippine coal plants
The Philippines’ new government of president Ferdinand Marcos will keep a moratorium on new coal-fired power plants in the country to avoid sending mixed signals to investors.
Norway says RE investment to hinge on PHL openness to foreign equity
Norway’s ambassador said the Philippines is a potential destination for Norwegian businesses, but their interest in renewable projects here will depend on the industry’s openness to foreign investment.
Shell and Nickel Asia team up for renewable energy in Philippines
Shell (LON:SHEL) has signed a collaboration agreement with Nickel Asia’s renewable energy subsidiary, Emerging Power (EPI), to jointly develop, own, operate, and maintain renewable energy assets in the power hungry Philippines.
DOE sets ‘corrective policies’ to lure fresh oil exploration investments
The Department of Energy (DOE) will re-take “baby steps” and will push for “corrective policies” to entice fresh capital flow in the country’s upstream oil and gas sector, especially in areas not encumbered by territorial disputes.
Lotilla eyes ASEAN-coordinated policy framing on nuclear power
A “coordinated policy-framing” approach with member-economies of the Association of Southeast Asian Nations (ASEAN) is being eyed by the Philippines on its targeted nuclear power development, including planned deployment of small modular reactor (SMR) technologies.
Siemens Gamesa swoops on 70MW Philippines wind
Siemens Gamesa has secured a 70MW turbine deal for wind project in the Philippines, developed by Acen Corporation.
PH Nuclear Research Institute: Bataan nuclear plant can be operated in 4-5 years if approved
The Bataan Nuclear Power Plant can be operational in four to five years once all issues concerning the facility are settled, an arm of the Department of Science and Technology said.
US to help PH tap clean energy
The Philippines and the United States have agreed to collaborate in tapping clean energy, including nuclear power.
IFC Provides $70 Million for Shared Mobile Infrastructure Project in Philippines
The International Finance Corporation (IFC) announced that it is providing $70 million to fund a shared mobile infrastructure project in the Philippines.