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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 The Stock Exchange of Hong Kong Limited....
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 it has received the approval from its...
Ayala Corp’s AC Energy will split into two wholly-owned subsidiaries for renewable energy and thermal energy to be more flexible in expanding project portfolios. In a disclosure, the Ayala holding company said...
The Aseagas Corp. has settled its loan from the Development Bank of the Philippines despite its 8.8-megawatt (MW) biomass power project in Lian, Batangas being on temporary shutdown. In a disclosure to...
Alsons Consolidated Resources Inc. (ACR) is looking to speed up its renewable energy sector expansion in other parts of the country as the Global Business Power Corp. (GBP) enters its Mindanao power...
The Manila Electric Co. (Meralco) is seeing a softer growth in its sales for 2018 following an unusually strong performance for the past two years. According to Meralco president Oscar Reyes, the...
The Aboitiz Power Corporation recorded a 4-percent net income increase to Php 15.7 billion for the nine-month period in 2017 following strong power generation contributions from its power plants. The increase was...
Manila Electric Co. (Meralco) is eyeing to slightly surpass its core profit from 2016 as a surprise surge in sales will be strengthened by intense retail competition and ongoing developments in its...
Pryce Corp. is confident that it will meet its income target for 2017 after reaching the P900 million mark in nine months. The company recorded a P942.69 million net income as of...
The Philippine Stock Exchange (PSE) is seeking for the mandate of the Energy Department for it to operate the country’s electricity spot market. This is to diversify its portfolio and maximize its...
