PROJECT TAYO: Youth Forum 2018

Wazzup Pilipinas!

The Bulacan State University – Office of the Student Organizations together with Ten Accomplished Youth Organizations (TAYO) will host the first PROJECT TAYO: Youth Forum 2018 on May 19, 2018 (Saturday) at Bulacan State University, Velancia Hall. The forum aims to encourage and inspire student organizations to create their respective community-based projects.

These projects must have a long – term impact and sustainability for their chosen beneficiary. Project TAYO is an advocacy to elevate the level of community extension programs and an affirmation to the youth’s passionate response to this call of service.

The One-day forum will be having 5 guest speakers that will tackle about the following and will serve as a seed of hope to every student leaders on their own organizations:

Topic 1 - Pangarap at Pag-asa: A Youth Situationer
Topic 2 - Planting the Seed: A Talk on How to Cultivate One's Passion for Volunteerism
Topic 3 - Driving the Difference: A Talk on How to Engage Stakeholders
Topic 4 - Assisting Change: A Talk on How to Create Impact with the Community
Topic 5 – Bulakenyo, TAYO NAMAN

For more inquiries you may reach our Project Head Ms. Caryl Kim Lugo at 0915 674 1907 or email us at osobulsu@gmail.com

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#ProjectTAYO

DOE to Implement Stringent Oil Price Monitoring

Wazzup Pilipinas!

The Department of Energy (DOE) is set to issue a policy for the stringent monitoring of the prices of petroleum products as part of its initiative to protect the interest of the consumers.

Targeted to be issued by the end of June this year, the new policy enables the unbundling of the base prices of petroleum products – gasoline, automotive and industrial diesel, kerosene, jet fuel, bunker fuel oil and household and automotive liquefied petroleum gas.

“Identification of the costing for the major components of these petroleum products that may affect the pump prices would provide a higher level of transparency for our consumers, particularly the motorists,” Energy Secretary Alfonso Cusi explained.

In preparation for the issuance of the new policy, the DOE, through the Oil Industry Management Bureau, is currently conducting consultations with industry stakeholders.

Initial consultations with various companies were held last May 2 at DOE’s headquarters in BGC, Taguig City.

The DOE has scheduled the conduct of two more focused-group discussions within the month to finalize the new policy.

Under the new policy, the DOE will require the oil companies to provide a weekly notice of the price adjustments (decrease, increase or no adjustment) alongside with the computation of their products’ components based on the elements involved in the international price movement, the biofuels cost and the capital/operational cost recovery.

“The weekly oil pricing updates will also be announced publicly by the oil companies to guide the consumers in making informed decisions in the management of their fuel oil requirements,” Cusi added.

Likewise, the DOE policy will require the oil companies/bulk suppliers and retail outlets to submit baseline data every end of the year for the unbundling of their base price and to comply as well with the mandatory price display board.

The new policy is pursuant to DOE’s mandate under Republic Act No. 8479, or the Downstream Oil Industry Deregulation Act of 1998, to monitor both international and domestic price movements of petroleum products.

Roll Out of Crucial Energy Projects to Move Faster Now - Cusi

Wazzup Pilipinas!

Energy Secretary Alfonso G. Cusi announced today that important energy projects will now move faster following the issuance of the Implementing Rules and Regulations of Executive Order No. 30 (IRR of EO30)

Signed by President Rodrigo Roa Duterte in June last year, EO 30 created the Energy Investment Coordinating Council (EICC) to streamline the regulatory procedures affecting energy projects of national importance.

“With the IRR in place, the stakeholders can now expect the prompt delivery of basic energy services to our people with the realization of vital energy infrastructures, while providing additional economic investments for us to truly compete globally,” Cusi explained.

Cusi said the IRR marks the end of slow-moving energy projects that are impeding the economic development in the country because they are hampered to a large extent by the rigid regulatory processes.

The Department of Energy (DOE) issued the IRR on 25 April 2018 through Department Circular No. DC2018-04-0013 to put into operation EO 30.

It was published in newspapers of general circulation on May 4, 2018 and is taking effect immediately.

Under the IRR, the processing of permits and licenses shall be within a maximum period of 30 days for projects declared as Energy Projects of National Significance (EPNS).

The IRR outlines the scope of EPNS and the general framework for the processing of the EPNS applications.

The 30-day deadline starts from the submission of the complete documentary requirements to the relevant agencies involved in the permitting process.

It likewise highlights the application of the principle of presumption of prior approvals. This means that a holder of the “EPNS Certificate” is presumed to have already complied with the requirements and permits from other government permitting agencies.

The IRR is consistent with the mandate of the EICC to establish a simplified approval process and harmonize the relevant rules and regulations of all government agencies involved in obtaining permits and regulatory approvals to expedite the development and implementation not only of EPNS but  other energy projects as well.