Tag: Department of Energy

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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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 

Energy & Mining Context.ph Context.ph -
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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Robinsons Retail nears delisting after tender offer success

Corporate 0
Robinsons Retail Holdings Inc. has moved a step closer to exiting the Philippine Stock Exchange after its controlling shareholder completed the acquisition of shares tendered by minority investors, reducing the company's public float to well below the exchange's minimum requirement.

Megaworld raises P516.5 million through MREIT block sale

Corporate 0
Megaworld Corp. has raised about P516.49 million after selling 37.7 million shares in MREIT Inc. through a block sale, a move that provides fresh capital while maintaining the property giant's ability to recycle investments.

BDO cuts bond offer short on strong demand

Banking & Insurance 0
BDO Unibank Inc., the country’s largest lender by assets, has closed the offer period for its sixth peso-denominated ASEAN Sustainability Bonds ahead of schedule after attracting robust demand from both retail and institutional investors, signaling continued appetite for fixed-income investments despite a lower interest rate environment.

BOI reaches halfway mark toward P1T investment goal

Trade & Investments 0
The Board of Investments (BOI) is nearing the halfway mark of its P1-trillion investment approval target for 2026 after first-half approvals climbed 21 percent, signaling that policy reforms and a steady pipeline of renewable energy projects continue to attract capital despite global economic headwinds.

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