Possessing some of the region’s most impressive reserves of mineral wealth, the Philippines has the potential to forge itself into one of the world’s premier mineral extraction and export nations. Situated along the Pacific’s famed Ring of Fire, the country boasts mineral reserves estimated at $850bn, including the third- largest gold reserves in...
Caught in the crossfire between a maelstrom of competing interests and agendas, policy makers attempting to hammer out a new regulatory regimen for the mining sector have had a tough go of it in recent years. In an attempt to find a middle ground, the central government has tried time and again to introduce reform and revise the legislative...
What kind of incentives need to be put in place to increase the amount of investment in tapping low-carbon and indigenous sources of energy?
Already producing more than one-quarter of its electricity from renewable energy sources, the Philippines has a proven track record in developing large-scale, economically viable green energy projects. But while earlier power plants have consisted almost exclusively of hydro and geothermal power, the country’s new National Renewable Energy Programme...
The emergence of new hydrocarbons fields has helped the Philippine energy sector make up for declining output starting in the mid-1990s. While primary energy demand continues to outstrip diminishing domestic production, output from relatively recently exploited reserves such as the Galoc oil field and the Malampaya natural gas field are offsetting...
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