BDO Unibank Inc. has pledged to cut its coal exposure by as much as 50% in the next decade as it shifts to funding renewable energy projects. BDO senior vice president and...
After two consecutive months of reduction in power rates, the Manila Electric Co. announced a Php 0.3907 per kilowatt-hour (kWh) increase in its overall rate for September, equivalent to a Php78 increase...
The Board of Investments has approved $ 6 billion worth of total investments in renewable energy projects, Trade and Industry Secretary Alfredo Pascual said. Pascual, who is also BOI chairman, said in...
The Department of Energy (DOE) would need to review the power outlook for 2023 due to the volatility of the gas market, Energy Secretary Raphael Lotilla said. In a Senate Committee on...
The Department of Energy (DOE) has ordered the Atlantic, Gulf, and Pacific Company (AG&P) to submit a written justification for the deferred commercial operation date of its liquefied natural gas terminal (LNG)...
The Department of Energy (DOE) wants the National Power Corporation (NAPOCOR) to gain access to banks’ credit lines as it pursues the electrification of far-flung islands and communities in the country. In...
With electricity prices rising nationwide, the Energy Regulatory Commission (ERC) is looking to review and update the parameters of distribution utilities (DUs) compliance with the “least cost” supply obligation. In a Philippine...
Only Php 51.9 million was spent during the preparation and crafting of the nuclear energy policy framework during the Duterte Administration, a former Department of Energy (DOE) official said. In a report...
Former Foreign Affairs Secretary Albert Del Rosario said that the Marcos Administration should proceed with the country’s oil and gas exploration and development in the West Philippine Sea without waiting on the...
The Department of Energy (DOE) said that the sale of the Malampaya gas field’s 45% operating stake had been completed by Shell Philippines Exploration B.V (SPEX) and Udenna Corporation subsidiary Malampaya Energy...
