Serious disruption daw! Environmental groups frown at Shell’s proposed LNG project in Batangas

Climate and environmental advocates and community stakeholders are opposing the new gas project of Pilipinas Shell Petroleum Corp. in Batangas.

The groups submitted a letter signed by over 90 civil society and people’s organizations and institutional representatives nationwide and around the globe protesting the plans of Shell to build the ₱3.5 billion (US$ 66 million) liquefied natural gas (LNG) import terminal.

The letter was submitted to Shell’s headquarters alongside protest actions in Manila, Batangas, and London.

“We’re letting Shell know that it simply is not welcome in the Verde Island Passage,” said Fr. Edwin Gariguez, lead convenor of Protect Verde Island Passage.

The groups said that once operational, the LNG terminal would cause serious disruption in the area, with fishing and other activities curtailed by exclusion zones, risk of leaks, and increased maritime traffic.

ERC to look into complaints of overcharging by power firms

Numerous complaints on increasing electricity rates have prompted the Energy Regulatory Commission (ERC) to launch an investigation on the accuracy and reasonableness of the generation rates being passed on by distribution utilities (DUs) to its consumers.

Synergy Grid declares P1.37B cash dividends

Synergy Grid and Development Philippines of bilyonaryos Big Boy Sy and Robert Coyiuto is set to reward its shareholders with a cash dividend similar to the amount given the past two quarters.