Price of cooking gas up by over P120 per tank

Jordeene B. Lagare - @inquirerdotnet 02/02/2023

MANILA, Philippines — Just a day after prices of gasoline and other petroleum products were raised on Tuesday, consumers were greeted with a big increase of more than P120 in the cost of an 11-kilogram tank of…

DOE sees P5 hike in diesel, kerosene

Julie Aurelio 08/27/2022

Motorists should brace for another price hike in fuel products on Tuesday, August 30, by as much as P5 a liter. An official of the Department of Energy’s (DOE) Oil Industry Management Bureau said this was due…

P4 gasoline price rollback, P1 to P2 for diesel seen next week

Beatrice Pinlac - @inquirerdotnet 07/15/2022

MANILA, Philippines — There will be another round of rollbacks in the prices of gasoline and diesel next week, an official of the Department of Energy (DOE) said Friday. “Mataas ang indication na magkakaroon tayo ng rollback…

Motorists get reprieve as fuel prices drop

Jordeene Lagare 07/05/2022

MANILA, Philippines — Oil companies on Tuesday slashed the prices of diesel by P3 per liter and kerosene, mainly used for cooking and lighting, by P3.40 per liter. Prices of gasoline, however, remained unchanged. Industry players implemented…

DOE: LPG prices likely to reach P1,300 if global oil prices continue to rise

Neil Arwin Mercado - Reporter / @NAMercadoINQ 03/14/2022

MANILA, Philippines — Prices of liquefied petroleum gas (LPG) in the country may spike up to P119.53 per liter—or around P1,314 per 11 kilogram cylinder—if international fuel prices keep on increasing, the Department of Energy (DOE) said…

CIDG closes Cordova gas station for operating sans COC

Futch Anthony Inso 02/02/2022

LAPU-LAPU CITY, Philippines — The Criminal Investigation Detection Group (CIDG) Lapu-Lapu City field unit has stopped the operation of a gasoline station in Barangay Poblacion, Cordova town on Tuesday evening after it operated without a certificate of…

DOE not convinced on NGCP’s ‘lightning’ reason as cause of recent Visayas blackout

Mae Fhel Gom-os 09/09/2021

  MANDAUE CITY, Cebu — An official of the Department of Energy (DOE) said they did not officially accept the statement of the National Grid Corporation of the Philippines (NGCP) that lightning caused the blackout which affected…

Power supply investors urged to come up with other forms of supply to cater future demand in Visayas

Mae Fhel Gom-os 09/09/2021

  MANDAUE CITY, Cebu — Investors are urged to come up with other forms of energy supply to cater the projected demand in the Visayas. This was what Engr. Jose Rey Maleza, the chief science research specialist…

AboitizPower ER 1-94 benefits give Cebu LGUs boost in pandemic response

PR 09/30/2020

AboitizPower’s direct remittances to various Cebu local governments and barangays have reached P40.6 million as of end-September, not only providing more funds for development but also a much-needed boost in their respective pandemic responses. Through the Department…

Aboitiz Power favors move allowing ER 1-94 funds for response to coronavirus pandemic

Irene R. Sino Cruz 04/09/2020

CEBU CITY, Philippines—Aboitiz Power hails the decision to allow communities that host power generation projects to use their revenue share from these facilities for measures to contain the coronavirus disease 2019 (Covid-19). On April 6, 2020, the…

Lawmaker wants DOE, oil firms to maintain 30-day oil reserves

Gabriel Pabico Lalu - INQUIRER.net 01/05/2020

MANILA, Philippines – The Department of Energy (DOE) should come up with a scheme where oil companies maintain 30-day reserve of fuel products as tensions in the Middle East continues to escalate, a lawmaker said on Sunday.…

AboitizPower subsidiary to download P6.5 M to host areas in Cebu

PR 12/01/2019

CEBU CITY, Philippines – AboitizPower subsidiary Therma Visayas, Inc. (TVI) is set to turn over a total of P6.5 million in financial benefits to its host areas by 2020, a development spurred by amendments to the revenue…

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