The Aboitiz Power Corporation (AboitizPower) recorded a net income increase of two percent to P20.4 billion in 2017. The company had a non-recurring loss of..
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The Manila Electric Co. (Meralco) recorded a higher profit for 2017 following high consolidated energy sales volume and customer count. Meralco president Oscar Reyes said..
The Semirara Mining and Power Corp.’s net earnings increased by almost a fifth on robust coal sales volume and prices and higher generation from coal..
Pryce Corp. is looking at a higher income target of P1.55 billion this year after achieving its profit guidance in 2017 following strong liquefied petroleum..
Phoenix Petroleum Philippines Inc. recorded a 65 percent net income increase in 2017 from P1.09 billion to P1.79 billion. In a disclosure to the Philippine..
The PetroEnergy Resources Corp. (PERC) has raised around P758.3 million, completing its stock rights to expand its renewable energy business. The company disclosed that if..
Ayala Corp.’s AC Energy is set to develop over 300 MW worth of solar power plants in Vietnam. AC energy has partnered up with the..
AC Energy sees consistent bottom-line growth in the medium term following contributions from wind farms, geothermal acquisitions, and new power projects. “Last year, we’ve had..
Oil conglomerate Petron Corp. has set an offer up to $401,957,000 in tender notes to repay its outstanding securities of $750 million listed in..
Mining company Oriental Peninsula Resources Group. Inc is set to energy the power generation business through target investments in renewable energy. Oriental Peninsula disclosed that..