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

Napocor energizes 41-km Calapan-Galera power line

Category: Electric Power Industry, Energy
Date Published (mm/dd/yyyy): 05/18/2018
Total views: 19

MANILA, Philippines — The National Power Corporation (Napocor) on Saturday energized the 69 kV Calapan – Puerto Galera transmission line in Oriental Mindoro, improving the reliability of power dispatch in the province.

Witnessing the switch-on, Department of Energy Undersecretary Wimpy Fuentebella stressed the importance of strengthening infrastructure facilities to ensure... Read more

Mitigating oil price hikes

Category: Downstream Oil Industry, Economy
Date Published (mm/dd/yyyy): 05/17/2018
Total views: 46

The Tax Reform for Acceleration and Inclusion (TRAIN) Act, which kicked in at the start of 2018, is largely seen – rightly or wrongly – as one of the biggest reasons why consumers are seeing successive increases in the prices of goods.

The consumer price index (CPI), which measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food... Read more

Pay govt P147B for Malampaya, oil firms ordered

Category: Natural Gas
Date Published (mm/dd/yyyy): 05/17/2018
Total views: 27

The unremitted share of the government in the Malampaya Natural Gas Project that is due from contractors Philippine National Oil Company (PNOC), Shell Philippines and Chevron has reached P146.79 billion from 2002 to 2016, according to the Commission on Audit (CoA).

Meanwhile, the commission has affirmed the notice of charge (NC) on “uncollected” P53-billion income tax from 2002 to... Read more

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: 109

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: 46

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: 54

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: 58

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: 48

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: 28

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: 32

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

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