9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Department of Energy (DOE) has expressed support for the ruling of the Supreme Court (SC) regarding Republic Act No. 8479 or the Downstream Oil Industry Deregulation Act of 1998. Earlier, the
Senate Bill No. 2247, or “An act promoting the development of the Philippine downstream natural gas industry,”, which aims to reduce electricity costs as well as generate employment opportunities in the country,
Due to the increase in the sales of jet fuel and liquefied petroleum gas (LPG), Petron Corporation saw an increase in profit to Php 10.1 billion in 2023. Manila Bulletin reported that
Government-operated Maharlika Investment Corporation (MIC) is aiming to secure Php 56 billion in its initial fundraising activity to back energy projects through partnerships with other sovereign wealth funds (SWF) and venture capitals.
Singapore-based renewable energy (RE) developer, Vena Energy, has affirmed its continued support of the government’s goals for renewable energy. Vena Energy asserted its optimism about the country’s RE strategies, including Renewable Portfolio
The National Grid Corporation of the Philippines (NGCP) has been called upon by the Department of Information and Communications Technology (DICT) to aid in the acceleration of the department’s National Fiber Backbone
A delegation of Philippine officials and industry leaders is headed for a one-week Nuclear Energy Mission to Canada next month. Manila Bulletin reported that the delegation, led by Energy Undersecretary Sharon S.
Aboitiz Power Corporation is set to award engineering, procurement, and construction (EPC) contracts for the forthcoming coal expansion project of its subsidiary, Therma Visayas Inc. (TVI) in Toledo, Cebu next month. In
With the plan to recover around Php 2.5 billion from the increased coal prices in 2022, ACEN Corporation has issued a notice to Manila Electric Company (MERALCO) seeking a change in circumstance
Prime Energy Resources Development B.V. (Prime Energy) has granted a contract to One Subsea, a US firm subsidiary of the Schlumberger group, for the equipment supply for the extended Malampaya project’s phase
