Power rates seen to surge by January
By
Donnabelle L. Gatdula
| November 9, 2007 - 12:00am
Business
Gov’t mulls scrapping of royalties by alternative energy developers
By
Donnabelle L. Gatdula
| December 8, 2006 - 12:00am
The government is willing to review the possibility of reducing the royalties being paid by indigenous energy developers, a ranking energy official said. Energy Secretary Raphael P.M. Lotilla said they are...
Business
Senate urges DOE to account for Malampaya royalties
By
Donnabelle L. Gatdula
| October 9, 2006 - 12:00am
The Department of Energy (DOE) is being asked by Senate to come up with an appropriate accounting of the royalties being paid by the Malampaya consortium, informed sources said. During a budget hearing last Oct....
Business
Gov’t eyes up to $12B in royalties from Malampaya
By
Donnabelle L. Gatdula
| January 30, 2006 - 12:00am
The National Government (NG) is likely to collect $12 billion worth of royalties from the Malampaya deep water gas to power project due to continuing rise in international crude prices. The royalties to be paid...
Business
Delay in operation of power plant eats into government’s royalties
June 3, 2002 - 12:00am
The five-month delay in the commercial operations of Kepco-Ilijan Corp. (Keilco) has eaten into the royalties that the National Government should have raised from the $4.5 billion Malampaya Deep Water-to-Gas Power...
Business
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