Philippines’ three power giants sign $3.3 billion energy deal
Once fully operational, the LNG facility is expected to augment the country’s power supply with over 2,500 MW of generation capacity.
Meg J. Adonis
Safety concerns, high costs stall nuclear power progress
The Fitch Group, through its unit BMI, said in a report that nuclear power generation in the region would be limited to “a handful of markets,” particularly China, India,…
Cooking gas price up by P4.95 per 11-kilo tank
This marks the fourth consecutive month that local oil firms implemented price increases for LPG.
Philippines’ electricity rates surge on ‘early Christmas’ demand
Data shows that the average demand in Luzon in the first half of October went up to 9,638 megawatts (MW) from 9,377 MW the previous month.
Philippines to raise fuel prices today
For the 10th consecutive week, local oil companies are increasing their pump prices of petroleum products by up to 40 centavos per litre effective September 12.
Philippine fuel prices to increase by up to P1.20 per litre starting Sept 5
The Department of Energy explained that the price increases would likely persist for a few more weeks as demand steadily grew while supply remained low.
Philippine oil firms hike pump prices by up to 2.50 Philippine peso per litre
According to Rino Abad, director of the Department of Energy Oil Industry Management Bureau, this was still due to the cut in daily outputs in Saudi Arabia.
Price of LPG up in Philippines, ends two-month streak of rollbacks
In an advisory, Petron Corp. said it implemented an increase in LPG prices by P4.55 per kg. This translates to a hike of P50.05 for an 11-kg tank of the cooking gas.
Few takers yet for green energy drive in Philippines due to crucial transition project delays
The National Grid Corp. of the Philippines has been in hot water since transmission issues triggered widespread blackouts in the power-hungry Luzon grid on May 8.
Renewable energy firms shun Philippine energy department’s green power auction
Bidders in this year’s Green Energy Auction Program reportedly found the price caps set by the Energy Regulatory Commission “too low”.