DOE Ener.GIST (Collection of Energy News from National Newspapers)

Senate ratifies bicam report on OSG, energy efficiency bills

Category: Energy, Energy Efficiency
Date Published (mm/dd/yyyy): 01/30/2019
Total views: 56

MANILA, Philippines – The Senate on Wednesday ratified the bicameral conference committee report on bills strengthening the Office of Solicitor General (OSG) and Energy Efficiency and Conservation Act.

Senate ratified and adopted the bicameral committee report on disagreeing provisions of Senate Bill No. 1823 and House Bill No. 7376.

Under the bill, the authority of OSG will be... Read more

Pertamina eyes $1-B LNG investment in PH

Category: Downstream Natural Gas, Economy, Energy, Natural Gas
Date Published (mm/dd/yyyy): 01/30/2019
Total views: 70

PT Pertamina, the second-largest crude oil producer in Indonesia, expressed interest to take part in the development of Liquefied Natural Gas (LNG) in the Philippines through a regasification hub project with potential investment of US$1 billion.

 

Trade and Industry Secretary Ramon M. Lopez (Bloomberg)

 

Trade and Industry Secretary Ramon M. Lopez revealed this... Read more

Natural gas output expected to drop 7%

Category: Downstream Natural Gas, Economy, Natural Gas
Date Published (mm/dd/yyyy): 01/30/2019
Total views: 37

Domestic production of natural gas is expected to drop 7 percent this year to 141,255 million standard cubic feet from 151,949 mmscf  in 2018 because of the five-day maintenance schedule of the Malampaya platform in October.

A report from Department of Energy showed that the maintenance schedule would affect the operation of all natural gas power plants and the Pilipinas Shell Petroleum... Read more

P1.68-B e-vehicle sales in six years

Category: E-vehicles, Economy
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 49

The Electric Vehicle Association of the Philippines (eVAP) is forecasting 200,000 units of electric vehicles (EV) sold in the next six years, translating to around P1.68 billion on services sales.

 

“The world is shifting towards sustainable energy and we can say that electric vehicles are the future. In the Philippines, our projection is an annual growth rate of 8 to 12 percent... Read more

Indonesia’s 2nd biggest oil producer keen on $1-B LNG regasification plan in PH

Category: Downstream Natural Gas, Natural Gas
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 46

Indonesian state-owned PT Pertamina is keen on taking part in the development of a $1-billion liquefied natural gas (LNG) regasification hub in the Philippines, according to Trade Secretary Ramon Lopez.

 

“PT Pertamina [officials]  have expressed their confidence in the country’s economic stability and business environment under the Duterte administration,” Lopez said in a... Read more

Indonesia oil giant mulls $1-billion LNG project in Philippines

Category: Downstream Natural Gas, Natural Gas
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 36

MANILA, Philippines — Indonesia’s second biggest crude oil producer, PT Pertamina, is looking to invest $1 billion for the development of liquefied natural gas (LNG) in the Philippines through a regasification hub project, the Department of Trade and Industry (DTI) said yesterday.

 

Trade Secretary Ramon Lopez said PT Pertamina has expressed interest to do business in the... Read more

House OKs Nuclear Regulation Act

Category: Nuclear and Mineral Resources
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 37

MANILA, Philippines — The House of Representatives has approved on second reading House Bill 8733 or the Comprehensive Nuclear Regulation Act, which seeks to establish a comprehensive nuclear regulatory framework and create the Philippine Nuclear Regulatory Commission (PNRC).

Under HB 8733, the PNRC will be a single, independent nuclear regulatory body to focus on the control of... Read more

Natural gas output expected to decline 7% in 2019

Category: Downstream Natural Gas, Economy, Energy, Natural Gas
Date Published (mm/dd/yyyy): 01/30/2019
Total views: 52

DOMESTIC PRODUCTION and demand for natural gas are expected to decline in 2019 because of the scheduled five-day maintenance of offshore Malampaya gas-to-power platform in October, the Energy department said.

 

Production this year is projected to drop by 7% to 141,255 million standard cubic feet (mmscf), down from 151,949 mmscf last year, it said.

 

“This... Read more

PNOC-EC net income in 2018 up 25% to P1.37 billion

Category: Downstream Oil Industry, Economy, Energy
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 36

THE Philippine National Oil Co.-Exploration Corp. (PNOC-EC) recorded a net income of P1.371 billion in 2018, up 25 percent from the P1.095 billion it recorded a year ago.

 

PNOC-EC’s service and business revenues last year stood at P5.169 billion, higher than the P4.38 billion recorded in 2017.

 

Expenses, likewise, increased to P2.816 billion in 2018 from P2.364... Read more

Department of Energy sees lower natural gas output

Category: Downstream Natural Gas, Energy, Natural Gas
Date Published (mm/dd/yyyy): 01/31/2019
Total views: 32

MANILA, Philippines — The country is expected to see lower natural gas production and demand this year due to Malampaya shutdown and maintenance activities of gas-fired power plants, the Department of Energy (DOE) said.

 

In its latest natural gas situationer report, the DOE said the country remains to be self-sufficient in natural gas with full production sourced from the... Read more

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