Phoenix Petroleum Philippines Inc. has raised its buyback program to P700 million at most to improve its share value in the local stock market. “The..
PTT Philippines Corp. has renewed its deal to supply the bulk of Cebu Pacific airline’s fuel requirements this year. The local unit of the Thailand petroleum..
SPC Power Corp. has received approval from the Securities and Exchange Commission (SEC) for its amended Articles of Incorporation, allowing them to expand their business..
Electricity spot market prices dived into a five-year low in December, keeping the annual average lower in the last three years, data from the Philippine..
The Aboitiz Power Corporation has inked an additional five megawatts (MW) of clean energy to the Zamboanga Del Norte Electric Cooperative through the Manolo Fortich..
San Miguel Corporation (SMC) is planning to build three 58-megawatt (MW) coal-fired power plants in the Autonomous Region in Muslim Mindanao (ARMM) to supply power..
Chinese investors, XIDIAN Holdings Philippines Corp. is set to shell out $500 million (P24.9 billion) for renewable energy projects in Ilocos Norte. The Chinese group,..
Petron Corp. is looking for partners the development of its new oil refinery estimated to cost $10 billion. The oil company wants to construct a..
The Supreme Court has ruled in favor of Pilipinas Shell Petroleum Corp. filed by the Bureau of Customs (BOC) over the former’s failure to pay..
Ayala Corp.’s wholly-owned unit AC Energy has signed an investment agreement to develop a $150-million wind power project in Indonesia. The company partnered with UPC..