Photo credit: DOE - DOE Secretary Alfonso Cusi Department of Energy (DOE) Secretary Alfonso Cusi is urging Filipinos to continue observing energy efficiency and conservation as petroleum prices in the global market remain high. According to its Oil Industry Management Bureau (OIMB), the risk of increasing oil prices remains as peace talks between Ru...

The installation of 32 wind turbines that can each generate 5 megawatts (MW) of electricity is expected to be completed within the last quarter of 2022 in the coastal barangays of Caunayan and Balaoi in Pagudpud, Ilocos Norte. Following a site inspection of the ongoing wind project, Gabino Ramon Mejia, president of AC Energy Philippines, said in a medi...

If businesses have anything to learn from the Covid-19 pandemic, it should be making their operations agile. Business agility means the ability to adjust swiftly to market changes both internally and externally, address customer demands quickly and flexibly, and adapt and lead continuously the improvement initiatives in a productive and cost-efficient man...

Photo credit: Manila Times - Bataan Nuclear Power Plant President Rodrigo Duterte has signed Executive Order (EO) 164 that now includes the potential of nuclear power in the country’s energy mix. Released on Thursday, EO 164 was signed by the Chief Executive last February 28. “This policy is the start of the national nuclear power program,” said ...

Photo credit: Shuttershock The Department of Energy (DOE) has welcomed the signing of Executive Order 164, or the inclusion of nuclear power in the country’s energy mix, as this will address the high electricity rate and secure energy for the future. “We thank the President for seeing merit in the DOE’s recommendation to consider integrating nuclear...

Photo: Bataan Nuclear Power Plant The chairman of the House Ways and Means Committee on Thursday said President Rodrigo Roa Duterte's policy of pursuing safe and reliable nuclear energy would promote the country's national and economic security and also make it more energy-independent. Albay Rep. Joey Salceda made the statement as he expressed stron...

The German-Philippine Chamber of Commerce and Industry (GPCCI) said it is exploring the potential of the Philippine market for green hydrogen as a future source of energy. “The German-Philippine Chamber of Commerce and Industry, on behalf of the German Federal Ministry for Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV),...

Photo: Oil Refinery Philippine Economic Zone Authority (PEZA) director general Charito Plaza has invited oil companies in the United Arab Emirates (UAE) to build and operate oil refineries in the country. During the Global Biz with PEZA featuring the United Arab Emirates held in Dubai Tuesday, Plaza said oil companies based in the UAE can look into ...

Photo credit: Philippine National Oil Company The Department of Energy (DOE) is reviewing the terms of reference (TOR) for the public bidding of consultancy services to do the feasibility study as the government aims its own oil reserve operation. During the Laging Handa briefing Wednesday, DOE Assistant Director Rodela Romero said after the failed ...

Photo credit: Shell President Rodrigo Duterte on Friday slammed the Senate resolution recommending charges against Department of Energy (DOE) Secretary Alfonso Cusi and other officials over the approval of what lawmakers alleged was an anomalous sale of shares in the Malampaya gas field. In a statement, Duterte expressed "grave concern" over the Sen...

Photo credit: DOE The Philippine Department of Energy (DOE) and the Russian State Atomic Energy Corporation (ROSATOM) on Thursday reaffirmed their collaborative efforts to explore the potential utilization of small modular reactor (SMR) technology in the Philippines during the Small Modular Reactors' Day. This event formed part of ROSATOM's Breakthr...

The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metrobank Group. First Metro Investment Corporation (FMIC) said this year’s economic growth will be driven by sustain...

Photo credit: Dimas Ardian/Bloomberg A lawmaker on Thursday called on the government to ensure that the country's power supply derived from the consumption of coal would not be adversely affected following Indonesia's decision to ban the export of coal to secure its local supply. In a statement, Senator Sherwin Gatchalian, chair of the Senate Energy...

Photo: Bataan nuclear power plant Senator Sherwin Gatchalian is considering nuclear and solar energy as a possible alternative or additional sources of energy in the country. Gatchalian, Senate energy committee chairman, said he favors “in principle” smaller nuclear reactors instead of the bigger ones for flexibility and safety. “Small ones are m...

Photo credit: Inkl The chair of the House Strategic Intelligence Committee on Tuesday said oil drilling activities in Recto Bank must proceed as scheduled amid rising tensions with China. Surigao del Sur Rep. Johnny Pimentel said the Sampaguita gas field could yield up to USD18.2 billion, or around PHP910 billion, in future royalties for the governm...

The Asian Development Bank (ADB) stated last 3 Nov. 2021 that they plan to buy coal power plants in Indonesia, the Philippines and Vietnam with an objective to shut them early and to replace them with clean and renewable energy options. This will be made possible through Energy Transition Mechanism (ETM), a private-sector-led initiative that will be finan...