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

PH, China OK joint SCS oil exploration

Category: Downstream Oil Industry, Petroleum Resources
Date Posted: Monday, 19 February 2018
Total views: 41

The Philippines and China have agreed to set up a special panel to work out how they can jointly explore oil and gas in parts of the South China Sea (SCS) that both sides claim without having to address the explosive issue of sovereignty.

China claims most of the South China Sea, where $3 billion in sea-borne trade pass every year, and has competing claims in various parts of it with... Read more

Talks of cooperation on SCS marine protection, oil, ‘productive’

Category: Downstream Oil Industry
Date Posted: Wednesday, 14 February 2018
Total views: 95

MANILA — The governments of the Philippines and China on Tuesday had a “productive” discussion on strengthening cooperation in areas of marine environmental protection, fisheries, marine scientific research (MSR), and on oil and gas.

This, “without prejudice to their respective positions on sovereignty, sovereign rights, and jurisdiction,” said a joint statement issued after the second... Read more

Phoenix eyes bitumen plant in Batangas

Category: Petroleum Resources
Date Posted: Wednesday, 14 February 2018
Total views: 78

Phoenix Petroleum Philippines Inc. plans to put up a bitumen plant in Calaca, Batangas within the year as part of an aggressive expansion program.

“Yes, we are planning to put up our own plant in Calaca, Batangas together with our joint venture partner. No capacity yet. Within the year, we will be having the aspalt business in place,” Phoenix chief operating officer Henry Albert... Read more

Phoenix Petroleum to build own bitumen-making hub ‘very soon’

Category: Petroleum Resources
Date Posted: Wednesday, 14 February 2018
Total views: 68

PHOENIX Petroleum Philippines Inc. plans to build its own bitumen-production facility “very soon” following board approval to enter into a joint-venture agreement (JVA) with Tipco Asphalt Public Co. Ltd. and PhilAsphalt Development Corp.

“We are planning to put up our own plant in Calaca, Batangas, together with our joint-venture [JV] partner,” Phoenix Petroleum COO Henry Albert... Read more

More power supply players!

Category: Electric Power Industry
Date Posted: Tuesday, 13 February 2018
Total views: 123

QUEZON City Rep. Winston Castelo urged the Philippine Competition Commission (PCC) to take 
appropriate action  to curb the monopoly on power supply in the country. 

According to Castelo, who represents the city’s second district in Congress, it is within 
PCC’s authority to advance the consumers’ interest, including those who utilize electricity, and 
stop the corrupt... Read more

Oil firms implement price rollback

Category: Downstream Oil Industry
Date Posted: Tuesday, 13 February 2018
Total views: 86

OIL companies, after implementing oil price hike for six consecutive weeks that prompting the  
Department of Energy (DoE) to demand an explanation, implemented a big-time oil price rollback
effective today.
Flying V, one of the so-called independent oil industry players, spearheaded the
announcement of rollback in pump prices of their petroleum products, pegging at P1... Read more

Japan, PHL to ink subway deal in March

Category: Economy, Energy
Date Posted: Tuesday, 13 February 2018
Total views: 115

The Department of Finance (DOF) on Monday said the Philippines will be signing with the government of Japan the loan agreement for the first tranche of funding for the Metro Manila Subway Project (Phase 1) by March this year.

This is in line with the implementation of the joint commitments of both parties on major fields of bilateral cooperation.

During the fourth meeting of the... Read more

Nuclear power a long-term energy option – DOE

Category: Nuclear and Mineral Resources
Date Posted: Tuesday, 13 February 2018
Total views: 141

 

THE USE OF NUCLEAR POWER CAN BE A VIABLE LONG-TERM ENERGY OPTION FOR THE COUNTRY BASED ON THE RESULTS OF A TECHNICAL COOPERATION WITH THE INTERNATIONAL ATOMIC ENERGY AGENCY (IAEA), DEPARTMENT OF ENERGY SECRETARY ALFONSO CUSI.

 

“Based on the technical assessment, the use of nuclear technologies, including nuclear energy... Read more

Power suppliers seek parallel DOE policy on allowing service continuity

Category: Electric Power Industry
Date Posted: Tuesday, 13 February 2018
Total views: 103

Retail power suppliers affiliated with the Retail Electricity Suppliers Association Inc. (RESA) are seeking the imprimatur of the Department of Energy (DOE) for a parallel policy issuance allowing them to offer continued service to customers even with the expiration of their licenses.

The power retailers are similarly situated with those of the power plants without certificates of... Read more

PHL wind projects require scale to create more local jobs — Vestas

Category: Wind Energy
Date Posted: Monday, 12 February 2018
Total views: 104

THE PHILIPPINES can benefit more from renewable energy if the government comes in to help scale up projects, resulting in job creation and boosting local production of power plant components, the regional head of Danish wind turbine maker Vestas Wind Systems AS said.

“What I want to see is bigger scale,” Clive Turton, president of Vestas Asia Pacific Wind Technology Pte Ltd., told... Read more

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