PXP Energy Corporation is highly optimistic it would secure two service contracts (SCs) in the Sulu Sea and the Recto Bank in the West Philippine Sea (WPS) in a bid to revive
The Department of Energy (DOE) said it has identified 15 sites as possible locations for nuclear power generating plants, subject to further evaluation of their potential to meet international norms for such
Average electricity prices in the Wholesale Electricity Spot Market (WESM) began going down in June due to more stable supply and lower power demand, according to the Independent Electricity Market Operator of
The Department of Energy (DOE) will be setting a competitive selection process (CSP) for the National Grid Corporation of the Philippines’ (NGCP) procurement of ancillary services (AS), or reserve power, and will
Over a week after the gas restriction from Malampaya was lifted, production was once again limited on Monday, affecting the country’s five gas-fired power plants and posing another supply shortage in the
The Department of Energy (DOE) has partnered with the World Bank Group (WBG) to launch the Philippine Offshore Wind Roadmap project, which intends to harness 170 gigawatts of potential offshore wind power
The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin
The Philippine Electricity Market Corporation (PEMC), which governs the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty. Oscar Ala retired from the post. Based on a Manila Bulletin
The Department of Energy (DOE) may delay the first round of its green energy auction program (GEAP), as it continues to collect data, noting that any new findings may have an impact
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila
