Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out that $50 million has been the amount
Pending the subsiding of the floods and the inspection of transmission lines, electricity may be fully restored in Cagayan by Tuesday, Energy Sec. Alfonso Cusi said on Sunday. Cusi said in a
Despite the moratorium on building new coal power plants, Energy Sec. Alfonso Cusi still sees the importance of having coal in the country’s energy mix. In a press briefing on Wednesday, Cusi
Surigao Del Sur Rep. Johnny Pimentel recently revealed that prospective buyers of the 45% stake of Shell Exploration B.V. (SPEx) in the Malampaya gas-to-power project are mainly interested in its 504-kilometer subsea
Energy Sec. Alfonso Cusi hopes that power would be restored to areas affected by Super Typhoon Rolly in time for Christmas and to aid in the fight against COVID-19, though he couldn’t
The government now allows 100% ownership of foreign entities in large-scale geothermal exploration, development, and utilization projects, said Energy Sec. Alfonso Cusi. Sec. Cusi made the announcement in a pre-recorded speech for the
Seeing the need for the country to shift to a more flexible power supply mix, the Department of Energy (DOE) has imposed a moratorium on the construction of greenfield coal-fired power plants.
The Department of Energy (DOE) is on close watch regarding Petron Corporation’s plan to close its refinery in Limay, Bataan. While the DOE has yet to receive any formal notice from the
Just days after President Rodrigo Duterte lifted the moratorium on oil and gas explorations in the West Philippine Sea (WPS), China says it has made agreements with the Philippines on the matter.
Energy Secretary Alfonso Cusi reiterates that Philippine laws will be followed in the service contact (SC) areas that are even within the West Philippine Sea (WPS). This follows President Rodrigo Duterte’s lifting
