Tag: DOE

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Isuzu leads 2025 DOE Eco-Run

Transport & Logistics Context.ph Context.ph -
Isuzu Philippines Corp. posted class-leading results at the 2025 Department of Energy Fuel Eco-Run, with the D-MAX and mu-X recording top fuel efficiency figures in their respective categories under real-world highway conditions.

Light Fuels wins DOE Retail Award

Corporate Bulletins Context.ph Context.ph -
Light Fuels Corp., the retail fuel subsidiary of listed Top Line Business Development Corp. (TOP), has been recognized as an Outstanding Liquid Fuels Retail Outlet by the Department of Energy Visayas Field Office, highlighting the company’s consistent compliance with regulatory standards covering product quality, safety protocols, operational discipline, and customer service.

Prime Energy notes importance of homegrown natural gas

Energy & Mining Context.ph Context.ph -
Prime Energy turned up the volume on the case for indigenous natural gas as the Philippines locked in a new, coordinated push on energy security, sealing a rare public-private pact to power the country through the energy transition.

PXP secures 3 new petroleum exploration deals 

Energy & Mining Context.ph Context.ph -
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.

Basic Energy secures DOE permit for solar farm pre-development

Energy & Mining Context.ph Context.ph -
Basic Energy Corp. said it has secured the Department of Energy has cleared the way for the pre-development of its planned solar venture in Bolinao, Pangasinan, following the issuance of a Certificate of Authority.
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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

Energy & Mining 0
OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

Energy & Mining 0
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Energy & Mining 0
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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