Photo: Philippine Economic Zone Authority (PEZA) officer-in-charge Tereso Panga and Upgrade Energy Philippines, Inc. (UGEP) president and CEO Ruth Yu-Owen sign a memorandum of understanding on Sept. 22, 2022. PEZA and UGEP are partnering to develop renewable energy projects within economic zones. (Photo courtesy of PEZA) The Philippine Economic Zone Au...

Hungary is enticing Filipinos to study nuclear engineering to help provide possible energy solutions for the Philippines in the future. During the 7th political consultations between the Philippines and Hungary in Budapest this week, officials encouraged interested Filipinos to avail of a scholarship once the application opens again. "The Philippine...

President Ferdinand Marcos Jr. speaks to American businessmen at the New York Stock Exchange Business Forum in New York City on Sept. 20, 2022 (Tuesday, Philippine time). Marcos, who is on the second day of his six-day trip to the United States, said his engagement at the NYSE serves as an "invaluable opportunity" to share with business leaders how the Ph...

Photo credit: Solenergy The Department of Budget and Management (DBM) has given the Department of Energy (DOE) a total of PHP2.2 billion for the implementation of energy projects in 2023. The allocation of about PHP2.2 billion was in line with the Marcos administration's bid to ensure an affordable and clean energy supply in the country, the DBM sai...

Photo credit: Inquirer Philippines The Marcos administration will study the proposed joint oil exploration between the Philippines and China in the resource-rich West Philippine Sea (WPS), Malacañang said on Tuesday. “Pag-aaralan po natin sa ngayon (As of now, we will study it),” Press Secretary Trixie Cruz-Angeles said in a Palace press briefing. ...

Photo: Department of Energy (DOE) Secretary Raphael Lotilla announces that the agency has formed a law and energy advisory panel that will iron out policies in the country's energy sector. Lotilla made the announcement on Thursday (Aug. 25, 2022). (Screenshot during the DOE virtual press conference) Department of Energy (DOE) Secretary Raphael Lotilla ...

San Miguel Corp. (SMC), one of the country’s largest and most diversified conglomerates, is set to open a USD500 million electric car battery plant in Dinagat Islands province, Governor Nilo Demerey Jr. said Thursday. Demerey confirmed the company’s decision to establish the plant in Dinagat Islands after his meeting with SMC president and chief execut...

Philippine Ambassador to South Korea Ma. Theresa Dizon-De Vega met with Korea Hydro and Nuclear Power Co. Ltd (KHNP) executives last July 19 to discuss future Philippines-Republic of Korea (ROK) cooperation on nuclear technology and renewable energy. The KHNP executives include Project and Overseas Nuclear Business Division Executive Vice President Nam...

Photo credit: A subsidiary of Enrique Razon Jr.-led company has signed a share purchase agreement to formalize the acquisition of stakes in Malampaya gas field from Dennis Uy’s firm. In a statement Friday, Prime Infrastructure Capital, Inc. bared that its unit, Prime Exploration Pte. Ltd., sealed the share purchase deal with MEXP Holding Pte. Ltd., ...

Photo credit: IHS Markit Senate President Juan Miguel Zubiri said Tuesday he will fully support the plan of President Ferdinand Marcos Jr. to explore the country’s potentials on nuclear energy as a cheap and reliable source. Marcos said in his first State of the Nation Address (SONA) on Monday that if the country wants to attract investors, both loc...

Photo credit: Embassy of France to the Philippines and Micronesia - French Ambassador Michèle Boccoz The French government is keen to help the Philippines develop its nuclear power program as the Marcos administration looks for other reliable sources of energy. French Ambassador Michèle Boccoz said the embassy has met with some of the Cabinet member...

Photo credit: Embassy of the People's Republic of China in the Republic of the Philippines - Chinese Ambassador Huang Xilian China is ready to restart talks on oil and gas exploration with the Philippines as soon as the latter gives the go signal, Chinese Ambassador Huang Xilian said Wednesday. "In the field of energy, we hope that we will continue ...

Photo credit:  Senator Robinhood Padilla filed a resolution, urging President Ferdinand Marcos Jr. to resume bilateral talks for cooperation on oil-gas development in the West Philippine Sea. Padilla said on Thursday Senate Resolution 9 aims to address the problems caused by the rising prices of oil due to international circumstances like the Russia...

The Department of Environment and Natural Resources (DENR) welcomed the nomination of Ma. Antonia “Toni” Yulo-Loyzaga as its new secretary under the administration of President Ferdinand “Bongbong” Marcos Jr. DENR OIC Secretary Ernesto D. Adobo Jr. expressed optimism over Yulo-Loyzaga’s nomination, as he envisions a more climate-resilient Philippines u...

That is how, Dr. Rogel A. Santos, the OIC-Chief of the Marine Geological Survey Division (MGSD) of the Mines and Geosciences Bureau (MGB) recounted the seminar-workshop that was held on June 6-8, 2022 at Subic Bay Travelers Hotel in Subic Bay, Zambales. The seminar-workshop: “Application of Marine Geophysics and Ecosystem Studies on the Development of Gui...

Photo credit: CNN Philippines - Toni Yulo-Loyzaga Press Secretary Trixie Cruz-Angeles on Tuesday announced the nomination of Ma. Antonia “Toni” Yulo-Loyzaga as secretary of the Department of Environment and Natural Resources. “The President has nominated Ms. Ma. Antonia “Toni” Yulo-Loyzaga as Secretary of the Environment and Natural Resources. Her n...