December 14, 2017

Unresolved Malampaya license extension may hamstring LNG investments

By Myrna M. Velasco – December 13, 2017, 10:00 PM from Manila Bulletin Lisbon, Portugal – The “unresolved” bid for a license extension of the current service contractor of the Malampaya field may emerge as a “critical element” that could eventually […]
December 13, 2017

PSALM serves formal notice of ‘default’ on Mt. Apo plant deal

By Myrna M. Velasco – December 12, 2017, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has reportedly served a “formal notice of default and confiscation of performance bond” on Monday (December 11) to FDC […]
December 12, 2017

PNOC-EC eyed as Malampaya operator

By Myrna M. Velasco – December 11, 2017, 10:01 PM from Manila Bulletin As current reservoir analysis portends additional gas production years for Malampaya field, the initial target of the Department of Energy (DoE) is to place its operatorship under state-run […]
December 12, 2017

DOE to issue circular on FIT perks termination

By Myrna M. Velasco – December 11, 2017, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi will be issuing a Circular before yearend to officially terminate the feed-in-tariff (FIT) incentive for any new set of renewable energy (RE) installations. […]