To concretize the proposed rollout of 500 compressed natural gas-fed buses in the Visayas region, the Department of Energy (DoE) has been inviting investors to pump in capital of up to P2.73 billion for infrastructure support to the program. Of the total project cost, DOE director Jesus N. Tamang noted that the chunk of P1.75 [...]
Posts Tagged ‘Fuel supply’
DoE eyeing P2.73-B investments to deploy CNG buses in Visayas (9/06/2010)
Posted in Manila Bulletin News, tagged CNG, Fuel supply, Transport on September 7, 2010 | Leave a Comment »
Fuel supply back to normal (7/30/2010)
Posted in Inquirer News, tagged Fuel supply, Pipeline on July 30, 2010 | Leave a Comment »
The Department of Energy (DOE) yesterday said fuel supply in Metro Manila has normalized, after the pipeline that delivers fuel from Batangas to the Pandacan depot in Manila resumed operations last July 24. Some service stations were reported to have experienced a tightening of supplies, particularly of diesel, after the Makati government ordered the shutdown [...]
DOE steps up campaign vs smuggled fuel (7/30/2010)
Posted in Inquirer News, tagged Fuel supply, Smuggling on July 30, 2010 | Leave a Comment »
Department to use marker dyes to determine source TO CURB rampant fuel smuggling in the country, the Department of Energy plans to maximize the use of marker dyes and determine the source of imported petroleum products. “For instance, once an adulterated (fuel) product is found, we will also find out the source of the fuel. [...]
PNOC-AFC sets comm’l production of jatropha methyl ester this year (7/01/2010)
Posted in Manila Bulletin News, tagged Biofuels, Fuel supply, Jatropha on July 1, 2010 | Leave a Comment »
The Philippine National Oil Co.-Alternative Fuels Corp. (PNOC-AFC) is targeting to put on commercial production a 400,000 liter per year jatropha methyl ester (JME) plant as soon as jatropha harvest starts toward year-end. PNOC-AFC is just awaiting the availability of feedstocks in order to start its JME production, according to Lt. Gen. Romeo P. Tolentino, [...]
Napocor seeking more oil contracts for power barges (6/08/2010)
Posted in Inquirer News, tagged Fuel supply, NPC on June 8, 2010 | Leave a Comment »
STATE-RUN National Power Corp. is seeking additional contracts for the supply and delivery of oil-based fuel to three of its power barges that are currently moored in the Visayas. According to government documents, Napocor has earmarked a total of P604.8 million for the fuel requirements of Power Barge (PB) 101, PB 102 and PB 103, [...]
Petron secures $355-million loan (6/06/2010)
Posted in Manila Bulletin News, tagged Fuel supply, Investments, Petron on June 7, 2010 | Leave a Comment »
Dominant oil firm Petron Corporation has finally secured the $355 million facility which it planned to cough up for capital expenditures (capex) and settlement of peso-denominated loans. Petron chief financial officer Emmanuel Erana disclosed to media that an agreement is already in place for a $355 million loan. The banks tapped for the transaction have [...]
Napocor to bid out P1.63B in fuel deals (5/27/2010)
Posted in Inquirer News, tagged Fuel supply, NPC on May 27, 2010 | Leave a Comment »
STATE-RUN National Power Corp. is set to bid out P1.63 billion worth of contracts for the supply and delivery of oil-based fuel to the power plants of its independent power producers. Napocor documents showed that the fuel would be used for the 215-megawatt Bauang diesel power plant in La Union; Southern Philippines Power Corp.’s (SPPC) [...]
Gasoline supply set to normalize (11/19/09)
Posted in Philippine Star News, tagged Fuel supply, Oil prices on November 19, 2009 | Leave a Comment »
Fuel supply is expected to normalize in a week even as pump prices are likely to jump as oil firms prepare to recoup losses from rising global crude costs. Pilipinas Shell Petroleum Corp. country chairman Edgar Chua said price adjustments would depend on market forces or on the movement of global crude costs. Asked when [...]
Fuel supply still ‘abnormal’ (11/17/09)
Posted in Business Mirror News, tagged EO845, Fuel supply, Oil prices on November 17, 2009 | Leave a Comment »
THE reality of the lag in supply pipelines whenever there is a snag in deliveries—whether deliberate, incidental or accidental—is running against expectations of motorists that they would now be able to buy fuel after the President lifted the price freeze on fuel on Monday. An oil industry source, who asked for anonymity, said it may [...]
Gas stations in Isabela, Vizcaya run out of fuel (11/13/09)
Posted in Philippine Star News, tagged Fuel supply on November 13, 2009 | Leave a Comment »
At least 10 gasoline stations here and in neighboring Isabela have temporarily closed operations as supplies of their oil reserves failed to arrive since Monday. Likewise, other refilling stations in the two provinces, including Santiago City were now limiting their sale to individuals after their colleagues in the business here, mostly affiliated with Total, have [...]
