The Energy Regulatory Commission (ERC) has released the preliminary prices for the Green Energy Auction Reserve (GEAR) under the government’s Green Energy Auction Program (GEAP). The preliminary GEAR price for solar is...
The Department of Energy (DOE) has ordered government agencies to conserve energy to ensure a sufficient supply of petroleum products amid the Russia-Ukraine crisis. The DOE, acting as Chair of the Inter-Agency...
The Ethanol Producers Association of the Philippines (EPAP) has opposed the proposed suspension of Republic Act 9367 or the Biofuels Act of 2006, which the Department of Energy (DOE) believes could help...
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the Service Contract (SC) 55 exploration block in...
PNOC-Exploration Corporation (PNOC-EC) is looking at the possibility of buying back Chevron’s shares, as well as acquiring a portion of Shell Philippines Exploration B.V’s (SPEX) stake in the Malampaya gas-to-power project, according...
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude oil prices, the Department of Energy (DOE)...
The Department of Energy (DOE) has endorsed eight more power projects to the National Grid Corporation of the Philippines to undergo system impact studies (SIS), majority of them solar ventures. Based on...
The Department of Finance (DOF) is looking at a Php20.3 billion “war chest” that the national government could use for fuel subsidies to critical sectors, including public utility vehicles, farmers, and fishermen,...
The Philippines has formally signed a Memorandum of Understanding Concerning Strategic Civil Nuclear Cooperation (NCMOU) with the United States to explore the development of small modular reactors (SMRs) in island provinces. Energy...
Newly-installed Philippine National Oil Company (PNOC) President and CEO Jesus Cristino Posadas said he will tap the private sector to pursue the government-owned oil firm’s projects. In his speech, Posadas said these...
