Showing 1611-1620 of 1637 results

BIMP-EAGA eyed as pilot area for ASEAN energy link

DAVAO CITY — The Mindanao-Visayas power grid interconnection project is expected to pave the way for the pilot testing of the Philippines’ link to the energy network within the Association of Southeast Asian Nations (ASEAN). The proposed ASEAN power grid is a component of the Master Plan for ASEAN Connectivity (MPAC). “Mindanao seeks to pilot […]

Gatchalian asks DOE to add energy security, sufficiency in 30-year plan

Senator Sherwin T. Gatchalian, chairman of the Senate energy committee, urged on Thursday the Department of Energy (DOE) to include energy security in its Philippine Energy Plan as the soaring energy prices have contributed to the country’s nine-year-high inflation rate. Sen. Sherwin T. Gatchalian (Senate of the Philippines / MANILA BULLETIN) During a recent hearing […]

Philippines’ MGen eyes 1GW renewables output

It wants solar to drive this renewables output. The power generation arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp., seeks to raise its renewables output to 1,000MW or 1GW in the next two years to three years, BusinessMirror reports. It added that it wants solar power to comprise its portfolio. MGen president Rogelio […]

DOE wants moratorium on oil exploration in West Philippine Sea lifted

Energy Secretary Alfonso Cusi said Wednesday it is imperative for the government to lift the moratorium on exploration works in the disputed areas in the South China Sea in order for the possible joint oil and gas exploration deal with China to move forward. The Philippines and China are negotiating for the exploration deal which […]

PH sets petroleum perks benchmarking with Indonesia

The Philippines has set into motion collaborative talks with Indonesia on prospective benchmarking of incentives for investments in the upstream petroleum sector. Energy Secretary Alfonso Cusi This was a matter that Philippine Energy Secretary Alfonso G. Cusi had raised with Indonesian Deputy Minister of Energy and Resources Arcandra Tahar in their bilateral meeting in Singapore […]

Control of Philippines’ Wholesale Electricity Spot Market moves to independent operator

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 […]

Oil price rollback: P1.10/liter

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 […]

DENR issues ECC for La Union coal plant project

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 […]

Philippines mulls lifting West Philippine Sea oil exploration ban

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 […]

Rosita restoration efforts in full swing – Cusi

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. […]