Tag: DOE

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Marcos orders rapid fix for Luzon power grid

Energy & Mining Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has ordered an urgent restoration of key transmission lines after recent power disruptions hit multiple areas across Luzon. Following the...

DOE lauds Visayas utilities for reporting discipline

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) has recognized MORE Electric and Power Corp. (MORE Power) and Negros Electric and Power Corp. (Negros Power) for timely and complete compliance with key reportorial requirements, highlighting the growing role of high-quality data in managing the country’s power system amid rising demand.

PXP unit secures DOE approval for SC 91

Energy & Mining Context.ph Context.ph -
PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.

Hormuz access deal secures supply, not prices

Energy & Mining Context.ph Context.ph -
Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.

Philippines weighs looser fuel rules

Economy Context.ph Context.ph -
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
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Filinvest Land starts Futura Monte turnover in Naga

Property 0
Filinvest Land Inc. (FLI) has officially begun handing over completed units at its Futura Monte development in Naga City, a key milestone for the firm’s regional expansion. The ceremonial turnover for Building A was held recently at the project’s clubhouse, with qualified buyers now receiving their units. FLI officials said the handover reaffirms the company’s commitment to delivering quality homes in well-connected communities, with succeeding turnovers to follow as more units become ready for occupancy.

Small frame, big belief in small business

Executive Profile 0
Tessie Sy-Coson was just eight when she became a shoe salesgirl during the Christmas rush. Her small frame may have made her an unlikely salesperson, but the experience taught her an early lesson about business: everyone has something to contribute.

Indonesian sovereign wealth fund links up with Vena Global Group in renewable energy projects in PH and Indonesia

Energy & Mining 0
Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), has entered a strategic partnership with global renewable energy developer Vena Global Group Pte. Ltd. to invest in a 2,800-megawatt portfolio of renewable energy projects spanning Indonesia and the Philippines, the firms announced Wednesday.

BPI’s incoming chief wants small businesses to get credit without the wait

Banking & Insurance 0
For a small-business owner trying to restock shelves, pay suppliers or seize a sudden sales opportunity, waiting weeks for a loan decision can mean missing the moment. Ginbee Go, incoming president and chief executive officer of Bank of the Philippine Islands (BPI), wants to make getting credit less of an exercise in patience.

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