State-run PNOC Exploration Corporation (PNOC-EC) emphasized the importance of a well-crafted study of the Philippines’ 16 sedimentary basins to make these marketable for prospective investors. PNOC-EC President Rozzano Briguez stressed in a...
Energy Sec. Alfonso Cusi relayed to his regional counterparts that the Philippines is on track to achieving lower carbon footprint in generating electricity and oil. “Coal and oil shares will also continue...
With the increasing number and intensity of calamities locally and globally, Energy Sec. Alfonso Cusi urged the Heads of ASEAN Power Utilities/Authorities (HAPUA) to integrate emergency preparedness and resiliency components into the...
Energy Sec. Alfonso Cusi reiterated his call for joint exploration activities between the Philippines and its neighboring members of the Association of Southeast Asian Nations (ASEAN) in the West Philippine Sea (WPS)....
The Malampaya gas platform off the coast of Palawan could still produce up to 1.6 trillion cubic feet (TCF), based on estimates and data submitted to the Department of Energy (DOE) by the...
More oil traders may see the Philippines as attractive if Petron’s Bataan refinery, the country’s once-largest and the last one standing, closes indeed, according to an oil executive. Raymond Zorrilla, Senior Vice...
THE Manila Electric Company (MERALCO) has sent a team of line crews and equipment to assist and expedite the repair of power infrastructures damaged by Super Typhoon Rolly in Catanduanes. A 48-man...
The Department of Energy (DOE) has received 1,025 proposals for renewable energy (RE) projects as of end-September this year, yielding up to 30,597 megawatts (MW) of added power capacity for the Philippines...
Energy Sec. Alfonso Cusi said that the building of an “upstream” dam along the Magat River before the existing Magat Dam would be a solution to the perennial flooding problem in Cagayan...
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...
