April 4, 2018

DBM reports Malampaya fund has a balance of P198 billion

By Myrna M. Velasco – April 3, 2018, 10:00 PM from Manila Bulletin The Department of Budget and Management (DBM) has officially reported to Congress that the Malampaya fund has a total balance of P198.567 billion, as reckoned from all […]
April 2, 2018

TRAIN 1 hits 50% of power supply – DOE

By Myrna M. Velasco – April 1, 2018, 10:00 PM from Manila Bulletin The percentage of the country’s power supply that shall be levied with excise taxes under the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) […]
March 27, 2018

DOE forms central committee to approve, review service contracts

By Myrna Velasco – Updated March 27, 2018, 8:56 AM from Manila Bulletin All approvals on award as well as review of energy service contracts will now go through a centralized review body that was institutionalized by the Department of […]
March 26, 2018

Basic Energy to pursue equity purchase in Thai firms

By Myrna M. Velasco – March 25, 2018, 10:00 PM from Manila Bulletin The De Venecia-led Basic Energy Corporation has indicated that it will push ahead with its planned 15 percent share purchase in Thai firm Vintage EPC Company Limited […]