DOE warns firms falsely claiming they’re legitimate downstream oil industry players
ENERGY Secretary Alfonso Cusi on Wednesday issued a stern warning against those claiming to be legitimate players of the downstream oil industry.
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ENERGY Secretary Alfonso Cusi on Wednesday issued a stern warning against those claiming to be legitimate players of the downstream oil industry.
THE Manila Electric Co. (Meralco) faces yet again another hurdle in securing power-supply deals.
REPSOL Exploracion SA (Repsol) of Spain has submitted a bid to explore petroleum reserves in Northeast Palawan.
OIL firms reduced the price of gasoline and diesel for the second consecutive week.
THE Manila Electric Co. (Meralco) is expected to end the year with over P23 billion in net income after it reported on Monday a consolidated net income of P6.31 billion in the third quarter, bringing its nine-month profit to P18.5 billion at end-September this year.
MORE Electric and Power Corp. (MEPC) is earmarking P1.7 billion in the next three years to modernize the electricity distribution facilities in Iloilo City.
THE Court of Appeals(CA) has denied the petition for a temporary restraining order (TRO) and petition for a writ of preliminary injunction filed by Panay Electric Co. (Peco) against the expropriation of its assets by More Electric and Power Corp. (MORE).
THE Power Sector Assets and Liabilities Management Corp. (PSALM) has identified four firms interested to participate in the second round of bidding for the privatization of the 650-megawatt Malaya Thermal Power Plant and its underlying land. MTPP is located in Pililla, Rizal.
THE Panay Electric Co. (Peco) has earmarked P1.1 billion for its innovation spending aimed at building and promoting sustainable energy practices in Visayas.
PETRON Freeport Corp. (PFC), a subsidiary of Petron Corp., reported double-digit sales and profit growth for the first six months of the year.
THE Manila Electric Co.’s (Meralco) concession for the operation and maintenance of the assets and facilities of the Electricity Company of Ghana (ECG) has been terminated by the Government of Ghana.
THE National Grid Corp. of the Philippines (NGCP) has partnered with University of the Philippines Los Baños Foundation Inc. (UPLBFI) to develop a program that will empower communities through renewable energy (RE).
The Energy Regulatory Commission (ERC) directed more than 100 distribution utilities (DUs) and electric cooperatives (ECs) to submit a certification from the Department of Energy (DOE) attesting to their compliance with the government’s competitive selection process (CSP) rules.
POWERSOURCE First Bulacan Solar Inc. (PFBSI), which is partly owned by MGen Renewable Energy Inc. (MGreen), has tapped Sumec Complete Equipment & Engineering Co. Ltd. to construct a 50-megawatt (MW) solar power facility in San Miguel, Bulacan.
POWER distribution services in several parts of Mindanao affected by a 6.3-magnitude earthquake are now back online.
THE Manila Electric Co. (Meralco) has completed its new power substation in New Clark City (NCC), but electricity could not be delivered yet to due to interconnection issues.
THE Energy Regulatory Commission (ERC) wants a study conducted on power plant outages in the country, which continues to suffer from thin power reserves, particularly in Luzon.
MERALCO PowerGen Corp. (MGen), the power generation subsidiary of Manila Electric Co. (Meralco), wants to take part in the development of a floating solar power project via a partnership with a solar power developer.
ENERGY Secretary Alfonso Cusi is pushing for the revision of the oil deregulation law so his office can enforce a proposed policy that seeks to unbundle fuel prices.
FOR the second consecutive day this month, the Luzon grid was placed on yellow alert due to thin power reserves.
MAUBAN, Quezon—San Buenaventura Power Ltd. Co. (SBPL) inaugurated here the country’s first supercritical coal-fired power plant, providing Luzon 500 megawatts (MW) of additional capacity.
OIL firms will increase the price of gasoline and reduce diesel and kerosene prices starting Tuesday.
THE Luzon grid was placed on “yellow alert” for six hours on Monday, with over 4,000 megawatts (MW) of capacity shaved off from the grid mainly due to unplanned outage of several power plants.
AC ENERGY INC. and Myanmar-based Yoma Strategic Holdings Ltd. will put up a 50:50 joint venture to develop around 200 megawatts (MW) of renewable-energy (RE) projects in Myanmar.
SAN Buenaventura Power Ltd. (SBPL) will “switch on” its 500-megawatt (MW) supercritical coal-fired power plant in Mauban, Quezon, on Tuesday, injecting the much additional capacity needed in the Luzon grid.
THE National Power Corp. (Napocor) is seeking regulators’ approval for the issuance of a provisional authority (PA) to collect from consumers P18.46 billion in basic universal charge for missionary electrification for 2020, an amount higher than its pending UCME application for 2019.
PETRON Corporation, the country’s largest oil refiner, said it has complied with the Department of Energy (DOE) directive to explain the alleged discrepancy in its price rollback last October 1.
ENERGY Secretary Alfonso G. Cusi said Thursday his office is working on a number of deals with other countries that are willing to supply finished petroleum products to the Philippines.
THE National Electrification Administration (NEA) wants the Palawan Electric Cooperative (Paleco) to craft a sustainability plan to improve the efficiency and reliability of its power distribution services.
THE Philippines continues to be confronted with energy supply challenges. But one that has to be dealt with immediately is the urgency to find and develop new energy sources to fill the void that will be left in the wake of the Malampaya gas field depletion.
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