9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour (kWh) on the back improved power supply.
Amid the Malampaya gas field’s dwindling resources, an official of the PNOC-Exploration Corporation (PNOC-EC) said three areas in Mindanao could take over in terms of providing the country its own supply of
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) plans to draw more natural gas from the Malampaya field in Palawan. Back in June, PSALM signed a memorandum of understanding (MOU) with
Three weeks before the Malampaya gas field’s scheduled maintenance shutdown, the Service Contract (SC) 38 Malampaya consortium cut its supply to its five dependent power plants in Batangas City. Both First Gen
Two officials of the Department of Energy (DOE) gave conflicting answers to a question on the agency’s process of approving Udenna Corporation’s acquisitions in the Malampaya gas-to-power project. Based on a Manila
The government has contributed around Php124 billion to the Malampaya fund, according to the Department of Energy (DOE). At the congressional hearing for the department’s 2022 budget last week, DOE-Energy Utilization Management
While the Department of Energy (DOE) has assured sufficient power supply during the election period next year, Sen. Sherwin Gatchalian thinks otherwise, prompting him to call for a probe into the department’s
The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22. IEMOP, the operator of the Wholesale Electricity
Citing the steady decline in the Malampaya gas field’s reserves and lack of investments in exploration, global market research firm Fitch Solutions issued a “bleak” outlook for the Philippines’ upstream energy sector.
The Department of Energy (DOE) said that there would be sufficient power supply — particularly in Luzon — for the national and local elections on May 9, 2022. Based on the National
