September 26, 2020

DOE gives nod for FGen to construct $300-M FSRU project

By Myrna M. Velasco – September 26, 2020, 5:00 AM from Manila Bulletin The Department of Energy (DOE) has approved the construction timeline applied for by FGEN LNG Corporation, a joint venture of Lopez-led First Gen Corporation and Tokyo Gas […]
September 26, 2020

DOE awards FIT incentives to biomass, hydro projects

By Myrna M. Velasco – September 25, 2020, 1:21 PM from Manila Bulletin The Department of Energy (DOE) has started awarding the last batch of degressed feed-in-tariff (FIT) incentives to qualified biomass and run-of-river hydropower projects that reached commercial operations […]
September 23, 2020

DOE offers another petroleum block in Cotabato basin

By Myrna M. Velasco – September 23, 2020, 5:00 AM from Manila Bulletin The Department of Energy (DOE) is offering another petroleum block to interested investors, this time the prospect straddles offshore Cotabato basin in Mindanao. The block, according to […]
September 21, 2020

NPC assets sale proceeds hit P915 B

By Myrna M. Velasco – September 21, 2020, 5:00 AM from Manila Bulletin Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, […]