Photo: President Ferdinand R. Marcos Jr. attends one of the meetings with US businessmen in Washington, D.C. on Wednesday (April 3, 2023). Marcos pitched to American businessmen the country’s plan to pursue local battery production with the help of foreign technology and capital to help solve problems in energy supply and other energy-related issues. (Pho...
Photo credit: Inquirer Philippines The Philippine and Chinese governments are set to begin talks on new “terms of reference” (TOR) for joint oil and gas exploration in the West Philippine Sea after overall discussion for the cooperation was terminated under the previous administration, the country’s top diplomat disclosed. In a GMA interview transcr...
Photo: Energy Secretary Raphael Lotilla (seated, second from left) and Copenhagen Infrastructure Partners (CIP) association partner Przemek Lupa (seated, third from left) sign the service contracts for three offshore wind energy projects in the country at the Department of Energy office in Taguig City on Thursday (March 30, 2023). CIP is the first foreign...
MANILA, Philippines – On 21 March 2023, the German-Philippine Chamber of Commerce and Industry (GPCCI) in cooperation with the Philippine Energy Efficiency Alliance (PE2) and Cold Chain Association of the Philippines (CCAP) organized a conference entitled “Energy Efficiency and Solar for Buildings”. The conference was held in Makati Diamond Residences ...
Photo: Bataan nuclear power plant - Credit: JAY DIRECTO, AFP/GETTY IMAGES The House Special Committee on Nuclear Energy on Tuesday adopted a resolution calling on the Department of Energy (DOE) to create a Nuclear Energy Division within its organization. During the hearing, the panel, chaired by Pangasinan Representative Mark Cojuangco, adopted Hous...
Photo: Bacolod City Mayor Alfredo Abelardo Benitez (right) with officials of China-based Jiangsu Fengchuen New Energy Power Technology Co. Ltd., who arrived in the city earlier this month. On Monday (Feb. 20, 2023), Benitez said they are studying the firm's formal proposal to establish an electric-vehicle manufacturing plant in the city. (Video grab from ...
Photo credit: Malampaya gas field Fitch Solutions said the Philippines’ gas consumption outlook remains bullish but the administration’s aggressive push for renewable energy (RE) poses downside risks to natural gas consumption in the power sector. In a commentary released to the media on Wednesday, Fitch Solutions said the country’s gas consumption...
Photo: (seated from left) Senator Mark Villar, House Speaker Martin Romualdez, Former President Gloria Macapagal-Arroyo, Philippine President Ferdinand R. Marcos Jr., Department of Trade and Industry Secretary Alfredo Pascual, Special Assistant to the President Antonio Lagdameo Jr., together with AboitizPower Chairman Sabin Aboitiz and JERA President Sato...
Photo: (Seated, L-R) Senator Mark Villar, House Speaker Martin Romualdez, Senior Deputy Speaker and Former President Gloria Macapagal-Arroyo, Philippine President Ferdinand R. Marcos Jr., Department of Trade and Industry Secretary Alfredo Pascual, Special Assistant to the President Antonio Lagdameo Jr., and Philippine Ambassador-designate to Japan Mylene ...
Photo credit: Ratio Petroleum The Department of Energy (DOE) bared Thursday that Israeli firm Ratio Petroleum, the operator of Service Contract (SC) 76, has found prospective oil and gas deposits in the north part of East Palawan Basin as a result of its exploration within the block. “Ratio Petroleum, the operator of SC No. 76, has identified two po...
As the government turns aggressive in luring renewable energy investments, Citicore Renewable Energy Corp. (CREC) is ramping up its solar energy targets for the next five years. The firm plans to launch 5,000 megawatts (MW) of solar power projects in the next five years from its initial target of 1,500 MV for the same period because of the country’s gr...
Photo credit: DOE The Department of Energy (DOE) said on Friday that it issued a notice to proceed (NTP) for the UD67-million liquefied natural gas (LNG) terminal project of Samat LNG Corp. in Barangay Sisiman in Mariveles, Bataan to supply the country's increasing power demand. The DOE said Secretary Raphael Lotilla signed the NTP in favor of Samat...
Photo credit: Department of Foreign Affairs Facebook Page The Department of Foreign Affairs (DFA) on Thursday said it is in the process of setting the parameters which would guide future negotiations on oil and gas. In a message to reporters, the DFA disclosed that it is carefully studying the Supreme Court decision on the Joint Marine Seismic Under...
Photo: Senator Sherwin Gatchalian Senator Sherwin Gatchalian emphasized on Friday that the possibility of a joint oil exploration between China and the Philippines in the West Philippine Sea (WPS) would only materialize if the east Asian country recognizes the Philippine Constitution. "Our Constitution should be the enabling document, and that's our...
Chinese President Xi Jinping and President Ferdinand R. Marcos Jr. (File photo courtesy of Bongbong Marcos Facebook page) The Philippine and Chinese governments have agreed to resume talks on oil and gas exploration in the South China Sea at an "early date" following the bilateral summit between President Ferdinand R. Marcos Jr. and Chinese President X...
Photo credit: Department of Public Works and Highways Filipino and Japanese experts are working to better prepare the Philippines from threats of climate change by discussing strategies on how to mitigate the adverse effects of flooding. The Department of Public Works and Highways (DPWH), through its Unified Project Management Office – Flood Control...
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