Several American gas-producing companies are offering liquefied natural gas (LNG) supply to the Philippines as the country contemplates a technology reset process for its gas market. The LNG supply offer was channeled through Energy Secretary Alfonso G. Cusi during his bilateral meeting with the US Business Council on the sidelines of last week’s ASEAN Ministers […]

The Philippines’ electricity market has undergone major reform, with the Wholesale Electricity Spot Market (WESM) passing from state control to a newly formed independent body. The transition was formally undertaken on September 26, with the creation of the Independent Electricity Market Operator of the Philippines (IEMOP) in line with the aim of the Electric Power […]

Phoenix Petroleum Philippines led the latest price rollback of as much as P1.10 per liter effective 6 am Sunday. “For the 4th straight week and for motorists to enjoy lower pump prices for the long weekend, Phoenix Petroleum Philippines will decrease the prices of gasoline by P1.10 per liter and diesel by P1 per liter […]

The project faces opposition from residents and environmental groups in La Union. MANILA, Philippines – Global Luzon Energy Development Corporation (GLEDC), the proponent of the 670-megawatt coal-fired power plant in Luna town in La Union, has obtained an environmental compliance certificate (ECC) issued by the environment department’s Environmental Management Bureau (EMB). With an ECC, GLEDC […]

MANILA, Philippines — The Philippine government is considering to lift the moratorium on oil and gas exploration in the West Philippine Sea to be able to move forward with an agreement with China. Manila is hoping to finalize the terms of an agreement with Beijing on the possible joint exploration in the West Philippine Sea […]

CAUAYAN, Isabela, Nov. 1 — The Department of Energy (DOE) presented the initial damage assessment on the effects of Tropical Storm (TS) Rosita at the briefing conducted by the Office of Civil Defense (OCD) – Region 2 at the Hotel Andrea in Cauayan City, Isabela on November 1. In a statement, Energy Chief Alfonso G. […]

The Manila Electric Company (Meralco), the major utility of the Philippines, plans to set up 1GW of solar and wind projects in the medium term, according to the head of the firm’s power generation unit. Rogelio Singson, president of Meralco PowerGen Corp. (MGen), told PV Tech: “There is a clear recognition that we want to […]

A plant revival could help lower electricity costs in the country, officials said. The Philippine Department of Finance (DOF) expressed support for the proposed revival of the cancelled Bataan Nuclear Power Plant (BNPP), citing the need to lower electricity costs in the country, local media report. Finance secretary Carlos G. Dominguez told reporters in a […]

China is ready to study the possibility of joint oil and gas production with the Philippines in the South China Sea, Chinese Foreign Minister Wang Yi said. “The Chinese party is ready to continue exploring the possibility of joint development of oil and gas [fields] in the South China Sea together with the Philippines. To […]

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday. Short-listed companies were chosen from 18 groups that submitted proposals for the project, Alfonso Cusi told Reuters on the sidelines of the Singapore […]