Mitsubishi Philippines: No Alternative Fuel-Fed Vehicles for RP

The lack or real demand and necessary infrastructure in the country made Mitsubishi Motors Corp. hold back on bringing its alternative fuel-fired vehicles to the local market.

MMC president Osamu Masuko said the company was already selling its biofuel-fed models in Europe, as well as compressed natural gas-fired vehicles in Thailand.

“If the Philippine market…

Chevron Allots $20 Million for 5% Bioethanol Blend Compliance

Chevron Philippines Inc. has committed to invest some $20 million to comply with the five-percent bioethanol blend mandated by the Biofuels Law.

Mark Quebral, Chevron manager for policy government and public affairs, told a press conference yesterday that they have started importing their ethanol requirement from Brazil to meet the Biofuels Law mandate which will be effective next…

Department of Energy May Raise Biodiesel Blend to 3%

The Department of Energy (DOE) may propose to increase the biodiesel blend to three percent in February 2009 to encourage more investors into biofuels development.

DOE director Mario Marasigan told reporters over the weekend that there are already 10 accredited biofuel manufacturers in the country.

Another two to three companies, he said, are awaiting an approval…

RP Government to Spend P49 B on Alternative Fuels Development

The government will spend about P49.1 billion for the Alternative Fuels Program next year, Sen. Juan Miguel Zubiri said yesterday.

He noted that bulk of the program will go to biofuels development at P25.6 billion which is 20.75 percent higher than the P21.2 billion allocated for the biofuels program this year.

The Biofuels Act,…