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Osmeña backs moves to use Malampaya funds for ILP to avert power shortage

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Senator Sergio Osmeña III. INQUIRER FILE PHOTO

Senator Sergio Osmeña III said on Tuesday he would support moves to authorize President Benigno Aquino III to use P1 billion in Malampaya gas royalty funds to support the interruptible load program (ILP), rather than giving him more powers to establish additional generating capacity.

Posted: October 21st, 2014 in Latest News Stories,Nation | Read More »

‘Mario’ aftermath: Gov’t brings relief to Ilocos, to restore power in 4 days

ROXAS

Interior Secretary Manuel Roxas II on Monday met with officials of Ilocos Norte and Ilocos Sur provinces, areas placed under states of calamity, following the onslaught of Tropical Storm “Mario” (international name: Fung-Wong), to discuss government efforts to help typhoon victims.

Posted: September 22nd, 2014 in Latest News Stories,Regions | Read More »

LP cracks seen in Belmonte-Gonzales opposition to term limit lifting, special powers

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Majority leader Neptali Gonzales II and Speaker Feliciano Belmonte Jr. INQUIRER FILE PHOTO

Speaker Feliciano Belmonte Jr. and Majority Leader Neptali Gonzales are making no secret of their opposition to President Aquino’s inclination for another term and written request for emergency powers to avert a power crisis in 2015. Are these signs that the ruling political party is on the verge of splitting up less than two years before the 2016 elections?

Posted: September 21st, 2014 in Latest News Stories,Nation | Read More »

Luzon power supply falls below demand

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A GROUP of women in Ganassi, Lanao del Sur, breaks its Ramadan fast in darkness. Like many other towns of the province, Ganassi has been without power since the Lanao del Sur Electric Cooperative cut off electric supply in May last year. CONTRIBUTED PHOTO

Luzon was placed on “red alert” on after its power supply fell by as much as 1,600 megawatts due to forced outages of several critical power plants on the island, and a limited natural gas supply from the Malampaya gas platform.

Posted: September 8th, 2014 in Latest News Stories | Read More »

Aquino eyeing P140B Malampaya funds via emergency powers

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The Malampaya gas platform located 80 kilometers northwest of the coast of Palawan. INQUIRER FILE PHOTO

Bayan Muna is claiming that fresh calls to grant President Benigno Aquino III emergency powers to avert the looming power crisis is actually meant to allow the administration to use the P140-billion Malampaya Fund for its dubious spending sprees.

Posted: September 7th, 2014 in Latest News Stories,Nation | Read More »

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