Doe Circular News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SENATOR Sherwin Gatchalian is pressing for the resignation of Energy Secretary Alfonso Cusi and other key Department of Energy (DOE) officials for “railroading approval of the sale” of Chevron Malampaya LLC Philippines’s 45-percent participating interest in the Malampaya gas project to “UC Malampaya—an indirect subsidiary of Udenna Corporation.” In a…

Following consultations with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR), the Department of Energy (DOE) said it will issue a circular to serve as policy guide on the 10-percent corporate income tax (CIT) rate tol be levied to renewable energy (RE) investors in the count