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SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a five percent decline in net income in the first three quarters from Php14.5 billion to Php13.7 billion...
Pilipinas Shell Petroleum Corporation (PSPC) said reported an increase in its net income to Php3.37 billion from January to September this year, a reversal from its Php13.9 billion loss in the same...
After years of waiting and pushing from the government, the National Grid Corporation of the Philippines (NGCP) finally went public via parent firm Synergy Grid & Development Philippines’ follow-on offering (FOO) at...
Dennis Uy-led Phoenix Petroleum reported a profit of Php170 million in the first three quarters of the year, reversing its Php95 million net loss in the same period last year. Phoenix said...
The site of the old 225-megawatt (MW) Bataan Thermal Power Plant (BTPP) has a new owner in one of its neighbors. Panasia Energy, Inc., which manages the nearby 648MW Limay Combined-Cycle Gas...
Petron, the country’s largest oil firm, ended the first nine months with a consolidated net income of Php4.99 billion, reversing the Php12.6 billion net loss it incurred in the same period last...
Pilipinas Shell Petroleum Corporation (PSPC) President and CEO Cesar Romero (left photo) will be stepping down from his post on November 30, the country’s second-largest oil firm said in a disclosure to...
Sen. Grace Poe, who chairs the Senate Committee on Public Services, filed a bill that would institutionalize the immediate suspension of excise tax on fuel products if the average price of Dubai...
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series...
Six bidders, including those connected with businessmen Lucio Co and Michael “Mikee” Romero, are looking to own the site of the former 225-megawatt (MW) Bataan Thermal Power Plant (BTPP) in Limay town,...
