January 11, 2022

DOE pleads lifting of Indonesia’s coal export ban

By Myrna M. Velasco – January 10, 2022, 3:09 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi has appealed to Indonesia’s Minister of Energy and Natural Resources, Arifin Tasrif, for the lifting of its coal export ban as this […]
January 7, 2022

DOE approves 10% tax rate for RE developers

By Myrna M. Velasco – January 6, 2022, 3:33 PM from Manila Bulletin The Department of Energy (DOE) has finally cemented the policy that will grant 10-percent corporate tax rate for project-developers in the renewable energy (RE) sector. Department of […]
December 16, 2021

PNOC-EC withholds consent to sale of Malampaya stake

BY LENIE LECTURA – DECEMBER 15, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. The Philippine National Oil Co.-Exploration Corp. (PNOC-EC), which holds a 10-percent stake in the Malampaya consortium, is not […]
December 6, 2021

DOE to invest P502 B for gas extraction

By Myrna M. Velasco – December 5, 2021, 10:30 PM from Manila Bulletin The Philippines is planning to invest P502 billion in the next two decades for its targeted gas reserves extraction of up to 4.0 trillion cubic feet (TCF) […]