House panel OKs bill amending Oil Deregulation Law
The House committee on energy approved Tuesday the bill amending the Downstream Oil Industry Deregulation Act as fuel prices continue to rise. During its online meeting, the committee approved the measure, also known as the Oil Deregulation Law, “subject to form and style.”
US to help Philippines develop nuclear power program; groups push renewable energy instead
The Philippines and the United States signed a memorandum of understanding last week to work together to develop the Philippines’ nuclear power program. The MOU was signed by Energy Undersecretary Gerardo Erguiza and US Undersecretary of State for Arms Control and International Security Bonnie Jenkins.
Gasoline to hit P86.72 per liter, diesel at P81.10 if global prices continue to rise -DOE
Local pump prices per liter of gasoline could hit as high as P86.72 and diesel at P81.10 should global prices continue to increase, the Department of Energy (DOE) warned Monday.
DOE: Fuel unbundling, strategic oil reserve plan eyed to cushion impact of price hikes
Metro Manila (CNN Philippines, March 8) — Apart from additional subsidy, the Department of Energy (DOE) is looking at measures that can be taken amid non-stop fuel price hikes, including a call to amend the Oil Deregulation Law and a review of the country’s capability to have its own oil reserve.
Power producers say cooperating with government to ensure supply of electricity
MANILA, Philippines — The Philippine Independent Power Producers Association (PIPPA) said Monday that it is coordinating with energy agencies to ensure power supply as the country experiences another round of fuel price increases this week.
Philippines approves revival of nuclear power to help replace coal
MANILA, March 3 (Reuters) – Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing out of coal-fired power plants and after earlier efforts failed due to safety concerns.
Fuel tax suspension to give instant relief to Filipinos: solon
MANILA – A party-list lawmaker on Thursday said suspending fuel taxes is the best way to provide instant relief to Filipinos amid a continued spike in fuel prices.
Philippines launches tender for 2GW of renewables
The energy department of the Philippines’ government has begun an auction to award two gigawatts (GW) of renewable energy capacity via its green energy auction programme.
