State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has cut its financial obligations by Php 195.4 billion by the end of the Duterte Administration. In a statement, PSALM said that its...
China has expressed its readiness to continue its joint energy exploration and development with the Philippines and the Marcos Administration as it believes it is the right way to manage maritime differences. ...
Presumptive president Ferdinand “Bongbong” Macros Jr. reveals that he is in talks with experts from South Korea on the possible revival of the Bataan Nuclear Power Plant (BNPP). Speaking to the media...
Udenna Corporation founder, chairman, and CEO Dennis Uy is said to consider selling his stakes in the Malampaya gas-to-power project. Based on a report from Reuters, Uy is looking to sell the...
The Department of Trade and Industry (DTI) is drafting its zero-tariff policy for the importation of electric vehicles (EVs), which it hopes to have Pres. Rodrigo Duterte sign before stepping down on...
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 House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. The committee has particularly proposed some key...
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...
Pump prices may hit the Php100 per liter mark should conflict overseas continue, according to the Department of Energy (DOE). “So, pag tumataas pa nang tumaas ito, eh talagang papalo tayo doon,”...
Senate President Vicente “Tito” Sotto III said that Pres. Rodrigo Duterte can call for a special session in Congress where they could review Republic Act 8479 or the Oil Deregulation Law. In...
