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Worst case: 3 months of outages in 2015

By
DOE Secretary Jericho Petilla. AP FILE PHOTO

Luzon may face up to 13 weeks of power outages in the summer of 2015, according to estimates of the Department of Energy (DOE).   In a report on various power supply and demand scenarios for the anticipated power crisis, DOE said there may be five to 13 weeks between March and June 2015 when […]

Posted: October 14th, 2014 in Editor's Pick,Headlines | Read More »

Shell IPO update sought

By
DOE Secretary Jericho Petilla. AP FILE PHOTO

The Department of Energy (DOE) is seeking an update on Pilipinas Shell Petroleum Corp.’s initial public offering, which is required under the Philippines’ oil market liberalization law.

Posted: October 6th, 2014 in Headlines,Latest Business Stories | Read More »

DOE sees too few takers of gov’t coal projects

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The Department of Energy (DOE) reported a low turnout of private firms looking to seal coal and oil exploration deals with the government.

Posted: September 29th, 2014 in Headlines | Read More »

Palace assures Congress: No secret details behind Aquino’s emergency powers

By
Palace spokesman Edwin Lacierda. INQUIRER FILE PHOTO

Malacañang has assured lawmakers that Energy Secretary Carlos Jericho Petilla would not keep them in the dark on the details of the special powers requested by President Benigno Aquino III.

Posted: September 17th, 2014 in Latest Business Stories | Read More »

Oil firms cut prices of gasoline, kerosene

By
AP FILE PHOTO

Local oil companies have slashed prices of fuel products due to the continued softening of oil prices in the international market.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

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