^
+ Follow ENERGY UNDERSECRETARY CYRIL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 180939
                    [Title] => Meralco, First Gas nilinis ni Joker
                    [Summary] => Binigyan ng Senado ang Manila Electric Company (Meralco) at isa sa independent power producers (IPPs) nito, ang First Gas Power Corp. ng "clean bill" upang maipagpatuloy ang kanilang negosyo bilang suporta sa naunang pahayag ng Energy Regulatory Commission.

[DatePublished] => 2002-10-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [1] => Array ( [ArticleID] => 137722 [Title] => DOE pushes for renewable energy bill [Summary] => The Department of Energy (DOE) is pushing for the passage of the proposed New and Renewable Energy (NRE) Bill before Congress adjourns this December, Energy Undersecretary Cyril del Callar said yesterday.

In a multi-sectoral conference on alternative sources of energy sponsored by the Asian Development Bank (ADB) and other environment groups, Del Callar said this bill is part of the Arroyo administration’s legislative agenda.

"We hope that this law will be passed within this year or before the Congress adjourns this December," he said.
[DatePublished] => 2001-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 98274 [Title] => Napocor sees rate hike if forced to comply with Clean Air Act [Summary] => A power rate hike may be in the offing if the National Power Corp. (Napocor) will be forced to implement the Clean Air Act (CAA) of 1999, according to a senior company official.

Liberato Ramos, Napocor manager of the fuel management department, said in a report that power rates may be adjusted upwards to cope with the cost that goes with complying with the stringent requirements of the CAA.
[DatePublished] => 2000-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 98649 [Title] => Peso-dollar rate to determine future hike in local oil prices [Summary] => Any movement in the prices of local petroleum products will be determined primarily by the performance of the peso against the dollar, a ranking official of the Department of Energy (DOE) said yesterday.

"What we are watching is the foreign exchange situation. Crude oil has practically stabilized at the $30 per barrel level, but the peso has depreciated by over P3 against the dollar since Oct. 2," Energy Undersecretary Cyril del Callar told newsmen during the 13th CEPSI at the Philippine International Convention Center (PICC) yesterday.
[DatePublished] => 2000-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 88466 [Title] => Petron denies eyeing P2 hike [Summary] => Oil industry leader Petron Corp. denied yesterday it has plans of raising prices of local petroleum products by a whopping P2 per liter.

Petron corporate communications executive director Antonio Pelayo said they are still monitoring movements in Dubai crude prices and the peso-dollar exchange rate.

"Yes, we continue to suffer from underrecoveries, but Petron has no immediate plans to increase prices. It’s too early to even make an estimate," Pelayo said.
[DatePublished] => 2000-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 98493 [Title] => Energy sector seeks gradual phase-in of Clean Air Act [Summary] => The country’s energy sector wants to implement the Clean Air Act (CAA) of 1999 in a staggered manner saying that following the law as it stands would result in higher fuel costs and even lead to power shortages.

The recommendations of the energy sector will be integrated in the implementing rules and regulations (IRR) which was finalized last Monday but which is still unsigned by President Estrada.
[DatePublished] => 2000-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98501 [Title] => Top 3 oil firms report losses of P3.8 B [Summary] => The country’s top three oil companies registered a combined loss of P3.814 billion in the first nine months of the year.

Caltex Philippines, Inc., which initiated the recent oil price increase last month, claimed to have suffered the biggest loss of P1.514 billion from January to September this year. It is the third biggest oil players in terms of volume and earnings.

In the same period, industry Petron Corp. claimed to have lost P1.5 billion while second-ranked Pilipinas Shell Petroleum Corp. admitted losing roughly P800 million in the nine-month period.
[DatePublished] => 2000-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 87604 [Title] => DOE challenges oil firms to declare losses with BIR [Summary] =>

The Department of Energy challenged yesterday the country's oil companies to formally declare their alleged financial losses before the Bureau of Internal Revenue (BIR).

"They should be transparent if we are to believe that they cannot roll back the prices of oil products due to alleged losses," Energy Undersecretary Cyril del Callar said.

He was reacting to claims by the oil companies that they cannot roll back prices of local petroleum products this month due to huge losses and under recoveries. [DatePublished] => 2000-04-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 100437 [Title] => DOE explains objections to proposed oil exchange [Summary] =>

The Department of Energy reiterated yesterday its opposition to the proposed creation of a national oil exchange corporation (NOEC).

Energy secretary Mario Tiaoqui explained that the establishment of a NOEC will not be a guarantee that the prices of oil products will go down, contrary to what the proponents of the bill are claiming.

The idea of establishing the NOEC was introduced by Rep. Enrique Garcia Jr. in House Bill No. [DatePublished] => 2000-04-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 100216 [Title] => Estrada gov't needs P14 billion to fulfill electrification promise [Summary] =>

The Estrada administration needs at least P14 billion to fulfill its promise to energize the entire country within the next four years.

On the other hand, government expects to gain from developing renewable energy resources. [DatePublished] => 2000-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

ENERGY UNDERSECRETARY CYRIL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 180939
                    [Title] => Meralco, First Gas nilinis ni Joker
                    [Summary] => Binigyan ng Senado ang Manila Electric Company (Meralco) at isa sa independent power producers (IPPs) nito, ang First Gas Power Corp. ng "clean bill" upang maipagpatuloy ang kanilang negosyo bilang suporta sa naunang pahayag ng Energy Regulatory Commission.

[DatePublished] => 2002-10-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [1] => Array ( [ArticleID] => 137722 [Title] => DOE pushes for renewable energy bill [Summary] => The Department of Energy (DOE) is pushing for the passage of the proposed New and Renewable Energy (NRE) Bill before Congress adjourns this December, Energy Undersecretary Cyril del Callar said yesterday.

In a multi-sectoral conference on alternative sources of energy sponsored by the Asian Development Bank (ADB) and other environment groups, Del Callar said this bill is part of the Arroyo administration’s legislative agenda.

"We hope that this law will be passed within this year or before the Congress adjourns this December," he said.
[DatePublished] => 2001-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 98274 [Title] => Napocor sees rate hike if forced to comply with Clean Air Act [Summary] => A power rate hike may be in the offing if the National Power Corp. (Napocor) will be forced to implement the Clean Air Act (CAA) of 1999, according to a senior company official.

Liberato Ramos, Napocor manager of the fuel management department, said in a report that power rates may be adjusted upwards to cope with the cost that goes with complying with the stringent requirements of the CAA.
[DatePublished] => 2000-12-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 98649 [Title] => Peso-dollar rate to determine future hike in local oil prices [Summary] => Any movement in the prices of local petroleum products will be determined primarily by the performance of the peso against the dollar, a ranking official of the Department of Energy (DOE) said yesterday.

"What we are watching is the foreign exchange situation. Crude oil has practically stabilized at the $30 per barrel level, but the peso has depreciated by over P3 against the dollar since Oct. 2," Energy Undersecretary Cyril del Callar told newsmen during the 13th CEPSI at the Philippine International Convention Center (PICC) yesterday.
[DatePublished] => 2000-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 88466 [Title] => Petron denies eyeing P2 hike [Summary] => Oil industry leader Petron Corp. denied yesterday it has plans of raising prices of local petroleum products by a whopping P2 per liter.

Petron corporate communications executive director Antonio Pelayo said they are still monitoring movements in Dubai crude prices and the peso-dollar exchange rate.

"Yes, we continue to suffer from underrecoveries, but Petron has no immediate plans to increase prices. It’s too early to even make an estimate," Pelayo said.
[DatePublished] => 2000-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 98493 [Title] => Energy sector seeks gradual phase-in of Clean Air Act [Summary] => The country’s energy sector wants to implement the Clean Air Act (CAA) of 1999 in a staggered manner saying that following the law as it stands would result in higher fuel costs and even lead to power shortages.

The recommendations of the energy sector will be integrated in the implementing rules and regulations (IRR) which was finalized last Monday but which is still unsigned by President Estrada.
[DatePublished] => 2000-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98501 [Title] => Top 3 oil firms report losses of P3.8 B [Summary] => The country’s top three oil companies registered a combined loss of P3.814 billion in the first nine months of the year.

Caltex Philippines, Inc., which initiated the recent oil price increase last month, claimed to have suffered the biggest loss of P1.514 billion from January to September this year. It is the third biggest oil players in terms of volume and earnings.

In the same period, industry Petron Corp. claimed to have lost P1.5 billion while second-ranked Pilipinas Shell Petroleum Corp. admitted losing roughly P800 million in the nine-month period.
[DatePublished] => 2000-10-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 87604 [Title] => DOE challenges oil firms to declare losses with BIR [Summary] =>

The Department of Energy challenged yesterday the country's oil companies to formally declare their alleged financial losses before the Bureau of Internal Revenue (BIR).

"They should be transparent if we are to believe that they cannot roll back the prices of oil products due to alleged losses," Energy Undersecretary Cyril del Callar said.

He was reacting to claims by the oil companies that they cannot roll back prices of local petroleum products this month due to huge losses and under recoveries. [DatePublished] => 2000-04-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 100437 [Title] => DOE explains objections to proposed oil exchange [Summary] =>

The Department of Energy reiterated yesterday its opposition to the proposed creation of a national oil exchange corporation (NOEC).

Energy secretary Mario Tiaoqui explained that the establishment of a NOEC will not be a guarantee that the prices of oil products will go down, contrary to what the proponents of the bill are claiming.

The idea of establishing the NOEC was introduced by Rep. Enrique Garcia Jr. in House Bill No. [DatePublished] => 2000-04-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 100216 [Title] => Estrada gov't needs P14 billion to fulfill electrification promise [Summary] =>

The Estrada administration needs at least P14 billion to fulfill its promise to energize the entire country within the next four years.

On the other hand, government expects to gain from developing renewable energy resources. [DatePublished] => 2000-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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