September 2, 2020

DOE okays PNOC-EC re-entry in Palawan basin exploration

By Myrna M. Velasco – September 2, 2020, 6:00 AM from Manila Bulletin The Department of Energy (DOE) said it has already given go-signal on the targeted re-entry of state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) for oil and gas […]
September 2, 2020

P3.5-B yearly subsidy eyed for lifeline power consumers

By Myrna M. Velasco – September 2, 2020, 6:00 AM from Manila Bulletin Consumers served by electric cooperatives (ECs) that are classified as ‘lifeliners’ had been proposed to receive discounts worth P1,000.00 annually on their electric bills–  or for all […]
August 31, 2020

Limited Malampaya output prompts fuel shift

By Myrna M. Velasco – August 31, 2020, 6:00 AM from Manila Bulletin The gas production restriction at the Malampaya field has prompted fuel shift of the country’s gas-fired power plants, which may consequently trigger hikes in electricity rates. As […]
August 27, 2020

SMPC wins tax refund for diesel importation

By Myrna M. Velasco – August 27, 2020, 5:00 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) has scored legal victory on its P27.341 million tax refund case on diesel fuel importation that was lodged against the […]