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

Senate bill to develop natural gas as Malampaya fields face decline

Category: Downstream Natural Gas, Natural Gas
Date Published (mm/dd/yyyy): 06/21/2018
Total views: 9

The Senate energy committee is crafting a comprehensive bill to develop the local natural gas industry as natural gas supply from the Malampaya gas fields off western Palawan begins will gradually deplete starting 2022.

Senator Sherwin T. Gatchalian, committee chairman, explained that the Malampaya project currently supplies fuel to five natural gas plants with a total installed... Read more

MRC Allied’s share issuance secures SEC exemption

Category: Energy, Solar Energy
Date Published (mm/dd/yyyy): 06/21/2018
Total views: 10

MRC Allied, Inc. has been exempted from the registration requirements for the more than a billion common shares it plans to issue at P0.70 apiece, the company said on Wednesday.

The company told the stock exchange it received yesterday a copy of the letter dated June 13, 2018 from the Markets and Securities Regulation Department of the Securities and Exchange Commission (SEC)

“In... Read more

Oil, gas explorers seek retention of perks

Category: Downstream Oil Industry
Date Published (mm/dd/yyyy): 06/21/2018
Total views: 9

The Petroleum Association of the Philippines (PAP) has urged the government to retain the incentives of oil and gas exploration firms that are set to be removed when the second tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) kicks in.

Rufino Bomasang, PAP chairman and former energy official, said removing the incentives can discourage potential investors as it can be... Read more

Gov’t may need to finance natural gas infrastructure

Category: Downstream Natural Gas, Natural Gas
Date Published (mm/dd/yyyy): 06/20/2018
Total views: 10

THE GOVERNMENT may end up funding some components of the natural gas infrastructure as the required capital may be too large for a private company to undertake, an Energy official said.

“We believe that some portions of the infrastructure required to develop a downstream natural gas industry might have to be shouldered by the national government because the private sector... Read more

DOE donating 900 e-trikes to 4 metro cities

Category: E-vehicles, Energy
Date Published (mm/dd/yyyy): 06/21/2018
Total views: 19

THE Department of Energy (DOE) will donate 900 electric tricycles (e-trikes) to the cities of Las Piñas, Muntinlupa, Pateros, and Valenzuela.

“The DOE E-Trike is a project that encourages the transition from oil to cleaner sources of energy,” said Energy Secretary Alfonso Cusi, who signed this June 1 a memorandum of agreement (MOA) with the mayors of the four cities for the... Read more

Meralco not giving up ‘unelectrified sites’ in its franchise area

Category: Electric Power Industry, Energy
Date Published (mm/dd/yyyy): 06/20/2018
Total views: 7

Amid the government’s “takeover warning” at the unelectrified domains of distribution utilities (DUs), power utility giant Manila Electric Company (Meralco) indicated that it will not give up portions of its franchise area that have yet to be energized.

When asked by the media if the utility firm will yield to the government’s wish, Meralco President Oscar S. Reyes forthrightly stated... Read more

DOE replacing oil bureau director; discussions up on PUVs’ fuel vouchers

Category: Energy, Petroleum Resources
Date Published (mm/dd/yyyy): 06/20/2018
Total views: 11

In the wake of recent controversies confronting the oil sector, including the planned strategic petroleum reserve (SPR) that still lacks legal and economic structures, the Department of Energy (DOE) is replacing the Director of its Oil Industry Management Bureau (OIMB), according to a highly placed source.

Lawyer Rino Abad will be replaced by Cesar... Read more

DOE’s push for unbundling fuel product pricing meets resistance from oil players

Category: Downstream Oil Industry, Economy
Date Published (mm/dd/yyyy): 06/15/2018
Total views: 11

A PROPOSED policy that would mandate oil firms to unbundle, or itemize, the costs of petro fuel—from the pump to the consumers —just doesn’t sit well for oil firms, who argue that such proposal is no longer necessary in a deregulated market.

The draft policy enables the unbundling of the base prices of petroleum products, namely, gasoline, automotive and industrial diesel, kerosene, jet... Read more

DOE awards 868 RE deals in 2017

Category: Renewable Energy
Date Published (mm/dd/yyyy): 06/14/2018
Total views: 18

THE Department of Energy (DOE) has awarded 868 renewable-energy (RE) contracts in 2017, nine years after the Renewable Energy Act of 2008 was enacted.

Based on the DOE data released on Thursday, the energy department said these contracts have a potential generation capacity of 23,700.69 megawatts, against a total installed capacity of 4,751.59 MW.

Of the 868 RE projects awarded... Read more

Cusi mulls reviving nuke program for energy

Category: Energy, Nuclear and Mineral Resources
Date Published (mm/dd/yyyy): 06/16/2018
Total views: 10

We are establishing the cooperation with countries that could show us how nuclear technology is utilized in a safe and sustainable manner.

Energy Secretary Alfonso G. Cusi said the government is evaluating the possible utilization of nuclear energy as an alternative source of power during his recent visit in several nuclear facilities in the Republic of Korea (ROK).... Read more

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