The proposed “fuel swap arrangement” aimed to bring back the 1,200 megawatt (MW) Ilijan power plant to operations cannot be concluded as there was no definitive gas supply from Prime Energy, the...
The country’s reliance on local natural gas output may soon come to an end with the expected depletion of the Malampaya Gas Field by 2024, a report by Fitch Solutions said. In...
The 15-year license extension application of the Malampaya gas field project is now in the hands of Pres. Ferdinand Marcos Jr., the Department of Energy (DOE) said. “The Energy Resource Development Bureau...
The Manila Electric Co. (MERALCO) has announced a Php 0.0106 per kilowatt-hour (kWh) decrease in its February electricity bills, bringing the overall rate down to Php 10.8895/kWh from last month’s Php 10.9001/kWh. ...
Prime Energy Resources Development B.V, the operator of the Malamapaya gas-to-power project, is looking to extract a fresh volume of additional gas by 2026 should its 15-year license extension application be approved...
The scheduled Malampaya gas repricing of the contracted power capacity being delivered to the Manila Electric Co. (MERALCO) may temper its projected increase in electricity bills for the month of February. In...
The Department of Energy (DOE) is targeting a “no rate hike” scenario after the two-week shutdown of the Malampaya gas production facility this February. In a report by the Manila Bulletin, Energy...
Customers within the Manila Electric Co. (MERALCO) franchise area may face a Php0.7897 per kilowatt-hour (kWh) increase in electricity rates with the scheduled two-week shutdown of the Malampaya gas field in February. ...
Prime Energy Resources Development B.V will be implementing preparatory measures for the two-week scheduled maintenance shutdown of the Malampaya gas-to-power project in northwest Palawan. Prime Energy, the new operator of the Malampaya,...
Power stakeholders are looking at a possible “gas-swapping” arrangement that will result in a gas allocation for the 1,200 megawatt (MW) Ilijan power plant which has been on shutdown since June 2022....
