Tag: DOE

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Light Fuels wins DOE Retail Award

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

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 

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

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.

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.”

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Filinvest Land starts Futura Monte turnover in Naga

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

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

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

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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