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

COA orders Malampaya consortium to settle P146.8-B unpaid taxes

Category: Downstream Natural Gas, Economy, Natural Gas
Date Published (mm/dd/yyyy): 05/16/2018
Total views: 92

The Commission on Audit (COA) has affirmed its ruling that ordered the Malampaya consortium to settle P146.8 billion in taxes that were charged against the government’s share in the the gas-to-power project.

The consortium members are Shell Philippines Exploration B.V., Chevron Malampaya LLC, and Philippine National Oil Company Exploration Corporation (PNOC EC).

COA found no... Read more

Why higher taxes on fuel should be suspended

Category: Downstream Oil Industry, Economy
Date Published (mm/dd/yyyy): 05/16/2018
Total views: 38

MANILA - The poor are bearing the brunt of rising commodity prices due to the first package of tax reforms, a lawmaker who is pushing for the suspension of higher duties on fuel said Wednesday.

Under Sen. Bam Aquino's proposal, additional excise taxes on petroleum products should be suspended if inflation breaches the Bangko Sentral ng Pilipinas' target for 3 consecutive months.

... Read more

Malampaya

Category: Downstream Natural Gas, Economy, Natural Gas
Date Published (mm/dd/yyyy): 05/16/2018
Total views: 39

DEMAND AND SUPPLY

Oil prices are rising and geopolitical tensions are threatening security of supply. This couldn’t have come at a worse time for the Philippines. Our energy demand is rising in line with economic growth and Malampaya, one of our major energy sources, is running out soon.

The Malampaya franchise is set to expire in 2024. The natural gas it has produced has... Read more

Coal-linked pricing for PH gas eyed

Category: Coal Resources, Downstream Oil Industry
Date Published (mm/dd/yyyy): 05/14/2018
Total views: 44

Players in the domestic gas market are eyeing a pricing index that will be linked to coal prices – and for them to possibly institutionalize a Philippine gas pricing index like what other markets in Asia have already done.

“If we can link our gas price to coal and we can come up with competitive product, then that becomes compelling to our consumers,” First Gen President and Chief... Read more

First Gen awaits feed-in-tariff decision on hydro projects

Category: Hydropower Energy
Date Published (mm/dd/yyyy): 05/14/2018)
Total views: 43

First Gen Corp., the power holdings company of the Lopez Group, is awaiting the government’s decision on the extension of feed-in-tariff incentives on renewable projects before proceeding with new hydropower projects. 

First Gen president Francis Giles Puno said the company’s hydro power projects were “de-emphasized” amid the lack of the feed-in tariff―the fixed and assured rates... Read more

DOE sets seamless power supply connection of industries

Category: Electric Power Industry
Date Published (mm/dd/yyyy): 05/14/2018)
Total views: 27

The Department of Energy (DOE) is enforcing a stringent timeline of 65 days to approve the applications of customers seeking direct connection to the power grid, primarily industries that have been batting for efficient and reliable electricity service.

The DOE noted it “shall ensure the provision of adequate and reliable power supplies for industrial enterprises with the end view of... Read more

Semirara deferring increase in coal output

Category: Coal Resources
Date Published (mm/dd/yyyy): 05/14/2018)
Total views: 25

MANILA, Philippines — Semirara Mining and Power Corp. is deferring the increase in coal output from its mine in Semirara Island to 2020 after completing the rehabilitation of its most recently closed mine, company officials said.

The company has altered its work program to give way to the rehabilitation of the Panian Pit, Semirara president and chief operating officer Victor Consunji... Read more

Govt puts on hold First Gen’s other hydropower projects

Category: Energist, Hydropower Energy
Date Published (mm/dd/yyyy): 05/14/2018)
Total views: 32

FIRST Gen Corp.’s other hydropower projects are put on hold until the government issues clear cut-rules on feed-in-tariff (FiT), an incentive in the form of guaranteed power rate given to renewable-energy producers.

“Our other hydro projects are deemphasized because there is no FiT. If there is an extension with the FiT and is clear, then we would proceed, but otherwise, it’s difficult... Read more

Cebu oil field starts production tests; drilling of 3 more wells up

Category: Downstream Oil Industry, Petroleum Resources
Date Published (mm/dd/yyyy): 05/13/2018
Total views: 54

Production tests are ongoing at the Alegria oil field in southern Cebu ahead of commercial production, the Energy Department said over the weekend.

“Production testing is ongoing. If the flow is already stable, then actual production will succeed,” said Energy Secretary Alfonso Cusi, who was informed about the latest developments in the country’s first land-based oil field... Read more

Off-Grid Communities in Mindanao Gain Access to Electricity

Category: Electric Power Industry, Energy
Date Published (mm/dd/yyyy): 05/11/2018
Total views: 40

A number of communities situated in far-flung and remote parts of Mindanao where expansion of electricity grid facilities is extremely challenging will soon no longer have to live in darkness, thanks to solar home systems (SHS).

The National Electrification Administration (NEA) disclosed the installation of a Photovoltaic Mainstreaming system for 5,000 households within the coverage... Read more

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