DOE Gives Mass Approval to Energy Projects

By Myrna M. Velasco, Manila Bulletin The roll of “energy projects of national significance” (EPNS) had been extraordinarily beefed up with the mass approval extended by the Department of Energy (DOE) to proposed power facilities—primarily for projects lined up by the National Grid Corporation of the Philippines (NGCP) and state-run National Power Corp. (NAPOCOR). By […]
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PHINMA Energy and DOE Ink Solar Energy Service Contract

Makati—(PHStocks)—PHINMA Energy Corp. (PSE: PHEN) and the Department of Energy (DOE) entered into a Solar Energy Service Contract which grants PHINMA Energy the exclusive right to explore, develop and utilize the solar energy resource in a 648-hectare area in the Municipality of Bugallon, Province of Pangasinan. Pre-development activities such as yield assessment, environmental impact study […]
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Pilipinas Shell Seeks Partners for LNG Project

Oil giant Pilipinas Shell Petroleum Corp. is in talks with possible partners for the development of its liquefied natural gas (LNG) facility. Related Articles:DOE Gives Mass Approval to Energy ProjectsPHINMA Energy and DOE Ink Solar Energy Service ContractDOE Forecasts Tight Power Supply in the Visayas GridNGCP to File For New Feasibility Study on Grid InterconnectionSemirara Suspends […]
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DOE Forecasts Tight Power Supply in the Visayas Grid

In the next two to four years, Visayas grid on its own will still be problematic when it comes to its need for capacity additions, according to the Department of Energy (DOE). Related Articles:DOE Gives Mass Approval to Energy ProjectsPHINMA Energy and DOE Ink Solar Energy Service ContractPilipinas Shell Seeks Partners for LNG ProjectCorruption-free PH […]
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NGCP to File For New Feasibility Study on Grid Interconnection

Transmission firm National Grid Corporation of the Philippines (NGCP) will seek fresh round of regulatory approval on its proposed alternative route to link up Visayas and Mindanao grids. Related Articles:DOE Gives Mass Approval to Energy ProjectsPHINMA Energy and DOE Ink Solar Energy Service ContractPilipinas Shell Seeks Partners for LNG ProjectSemirara Suspends Coal Export ShipmentsPhilex Petroleum […]
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Absolut Distillers Launches Bioethanol Plant

Taguig—(PHStocks)—LT Group Inc. (PSE: LTG)’s Absolut Distillers Inc. (ADI) will be launching the third installment to its multi-million-investment project on renewable energy with the establishment of a new bioethanol facility in Lian, Batangas. According to Gerardo Tee, ADI chief operating officer and overall-in-charge of the LTG’s Distillery Operations, the bioethanol facility’s production volume is estimated […]
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Semirara Suspends Coal Export Shipments

Makati—(PHStocks)—Semirara Mining and Power Corp. (PSE: SCC) said it is suspending its coal export shipments in response to the directive of the Department of Energy (DOE) to prioritize the requirements of domestic coal consumers, pending the investigation of the cause of the landslide at North Panian last 17 July 2015. In a statement, Semirara said it has notified its foreign customers that the company cannot […]
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Philex Petroleum Posts PhP44.2M Net Loss for 1Q2015

Pasig—(PHStocks)—Philex Petroleum Corp. (PSE: PXP) incurred a consolidated net loss of PhP44.2 million for the three-month period ended 31 March 2015, compared to a net income of PhP25.7 million during the same period last year. The net loss attributable to equity holders of the parent company amounted to PhP22.8 million, compared to PhP20.2 million during the same […]
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