The Department of Energy (DOE) said Tuesday the suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene would provide direct relief to Filipino households amid elevated global oil prices.
Filipino researchers have identified uranium-bearing minerals in surface deposits in Bessemer, Larap, Jose Panganiban, Camarines Norte, and demonstrated a laboratory process that increased the uranium concentration of the material, prompting calls for deeper exploration to determine the extent of the resource.
RENEWABLE ENERGY developer Alternergy Holdings Corp. said it raised P2 billion from its maiden issuance of fixed-rate corporate notes in the Philippine debt capital market.
itel Energy Philippines is building its local network of solar installers through technical training as it expands its presence in the country’s residential and commercial solar market.
The National Grid Corporation of the Philippines (NGCP) is warning that Mindanao’s power reserves are tightening as electricity demand gradually catches up with available supply.
The Department of Energy (DOE) is targeting more than 274 megawatts (MW) of additional generation capacity by 2030 and over 1000 circuit-kilometers of new transmission lines in mainland Palawan under a new energy masterplan aimed at improving reliability and reducing dependence on imported fuel.
CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) is urging the government to consider technical capability and operating experience alongside financial capacity when it draws up new rules for the rebidding of the Semirara coal mine.
AYALA-LED ACEN Corp. has secured approval from the Energy Regulatory Commission (ERC) for a 10-year power supply agreement (PSA) with La Union Electric Company, Inc. (LUECO).
MERALCO POWERGEN Corp. (MGEN), the power generation arm of Manila Electric Co. (Meralco), has started construction of a S$1.2-billion (about P58.7 billion) hydrogen-ready power plant on Jurong Island in Singapore.
President Ferdinand R. Marcos Jr. has temporarily suspended excise taxes on liquefied petroleum gas (LPG) and kerosene through Executive Order No. 125 after elevated global crude prices triggered the government’s fuel tax-relief mechanism.