Amid the ongoing debate over Udenna Corporation’s impending takeover of the Malampaya gas facility, the Department of Energy (DOE) urges Congress to revise Presidential Decree (PD) 87 or the Oil Exploration and...
The Philippine Competition Commission (PCC) said it did not get any notice in connection with Udenna Corporation’s acquisition of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the Malampaya gas-to-power project. PCC...
The Manila Electric Company (MERALCO), the Philippines’ largest distribution utility, said it is open to tapping electricity from nuclear power sources to address the perennial supply shortages that hit the county, particularly...
AC Energy (ACEN) recently announced that it is partnering with the South Pole Group, a leading project developer and global climate solutions provider that works with private organizations and governments worldwide. ACEN’s...
House Committee on Energy chairman and Pampanga Rep. Mikey Arroyo said he supports the Department of Energy’s (DOE) appeal to Congress for the amendment of Republic Act 8479 or the Oil Deregulation...
The average price of electricity at the Wholesale Electricity Spot Market (WESM) for October rose more than double from September, according to the Independent Electricity Market Operator of the Philippines (IEMOP). As...
Citing “enough evidence,” Sen. Sherwin Gatchalian said that the Department of Energy’s (DOE) decision to approve the sale of Chevron 45% stake in the Malampaya gas project to Dennis Uy’s Udenna Corporation...
In another move meant to bring down fuel prices, the Department of Energy (DOE) discussed in a recent Senate hearing that it is studying the possibility of suspending the 12% value added...
(UPDATED) The Energy Regulatory Commission (ERC) fined three power generation companies (gencos) a total of Php6.03 million, for breaching the maximum allowable unplanned outage days for 2021, specifically covering the period from...
Energy Sec. Alfonso Cusi reiterated his department’s pro-nuclear energy stance, this time with the intention of lowering the country’s dependence on fuel imports amid rising oil prices. In an interview on the...
