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First bid round for petroleum exploration in BARMM begins

THE Department of Energy (DOE) will formally open on February 26 the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Four pre-Determined Areas (PDAs) shall be offered for investment, exploration, development and production of the Barmm’s indigenous resources, as mandated by the Intergovernmental…

EDC, 2 other firms secure renewable energy deals • Lenie Lectura

Lopez-led Energy Development Corp. (EDC) and two other companies were declared by the Department of Energy (DOE) as winning bidders in the 4th Open and Competitive Selection Process (OCSP4) for geothermal and wind energy resources. The DOE offered 20 Pre-Determined Areas (PDA) for potential renewable energy (RE) development. Of which, 14 are hydropower, with a

ERC mulls geothermal, hydro bid price cap removal — Daily Tribune

ERC mulls geothermal, hydro bid price cap removal — Daily Tribune
tribune.net.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.net.ph Daily Mail and Mail on Sunday newspapers.

Firm files petroleum exploration nomination bid for Cagayan basin

Firm files petroleum exploration nomination bid for Cagayan basin
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

DOE launches 3rd Open and Competitive Selection Process for RE projects

TAGUIG CITY, Jan 7 The Department of Energy (DOE), through the Renewable Energy Management Bureau (REMB), conducted last Tuesday (5 January) the Launching and Pre-Submission Conference to kick-off the start of the 3rd Open and Competitive Selection Process (OCSP3) that will further accelerate the development of renewable energy (RE) in the country.   Under the OCSP3, a total of 22 Pre-Determined Areas (PDAs) covering potential geothermal and hydropower resources have been identified and were presented to the various stakeholders during the launching to the various stakeholders. These PDAs comprising of 17 potential hydro projects and five geothermal projects have a total potential capacity of about 150 MW and will be offered to qualified RE Developers deemed qualified based on the criteria set by the DOE.  The PDAs have sufficient available technical data to serve as initial reference by those who are interested to acquire rights to develop the RE resources. 

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