Saturday, 19 April 2025, 8:56 am

    Tag: Department of Energy

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    DOE urges efficient energy use to prevent grid strain as temperatures rise

    The Department of Energy (DOE) is urging households, businesses, and government institutions to adopt energy-efficient practices as the summer season approaches to help manage electricity consumption and maintain grid stability.

    ICSC delivers 60 kWp solar project to Guiuan, Samar

    The Institute for Climate and Sustainable Cities (ICSC) has handed over a 60 kilowatt-peak (kWp) on-grid hybrid photovoltaic system to the municipality of Guiuan, Eastern Samar.

    China proposing its own nuclear power agreement with Manila

    China has offered the Philippines an opportunity to capitalize on its technology either to revive the mothballed Bataan Nuclear Power Plant (BNPP) or build a new small modular nuclear reactor (SMR).

    LNG import terminal projects completion remain on track

    The development of two liquified natural gas (LNG) import terminals are seen completed this year as scheduled, according to the Department of Energy (DOE).

    DOE greenlights Philodrill stake hike in Galoc oil field 

    The Department of Energy  (DOE) on Tuesday approved Philodrill Corporation’s increased participation in the Galoc oil block under government service contract (GSC) 14C1. Philodrill hiked its...

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    Meralco rejects DOE claim vs its delayed power supply deal

    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.

    SEC-SM tandem launches videos vs scams

    The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.

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