Gas deposits, LNG exploration pushed

THE PHILIPPINE government should boost its efforts to explore gas deposits and develop the importation of liquefied natural gas (LNG) to compensate for the Malampaya gas field’s depleting reserves, according to a Philippine senator.

Philippine Energy Sector Chosen for US$500-B Investment

Energy Secretary Raphael P.M. Lotilla has welcomed the Coalition for Emerging Market Infrastructure Investment’s (CEMII) announcement, marking the Philippines as its inaugural focus for infrastructure investments under the Indo-Pacific Economic Framework (IPEF).

Average power prices plunge in September

THE Independent Electricity Market Operator of the Philippines (IEMOP) said the average electricity price in September was P3.88 per kilowatt-hour (kWh), or 34.7 percent lower than the P5.94 per kWh in August.