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Pilipinas Shell Petroleum Corp. will allot P4 Billion yearly for the next three years for their retail network expansion, bitumen project and refinery optimization. This as Shell leverages on its other strengths...
ABOITIZ POWER CORP. eyes the installation of three new energy plants under its belt prior to its power distribution target of approximately 800 megawatts (MW) by 2020 in the retail energy business,...
First Gen Corp. saw an 11% plunge in earnings for the first quarter 2017, yielding only $45 million versus $51 million recorded quarter-on-quarter. The company defends the soft numbers in a company...
First Gen Corp. poses a 35% stake cut in getting the liquefied natural gas (LNG) project in the works upon the approval of the local government. The LNG terminal proposition is one...
The Energy Development Corp. (EDC) is looking to borrow around P1 billion to P2 billion in the coming weeks as additional fund to refinance its existing debts. EDC vice president for corporate...
Semirara Mining and Power Corp. recorded a 52% increase in their first quarter income following higher coal and electricity sales. In a disclosure to the Philippine Stock Exchange, the company said its...
Alsons Consolidated Resources Inc. has signed a P10.5-billion loan agreement with a consortium of seven local banks to fund the expansion of its power plant in Sarangani. Its subsidiary Sarangani Energy Corp....
Petron Corp. has recorded P5.6 billion net income for the first quarter of the year on the back of profitable segments and network expansions in the Philippines and abroad. Net income grew...
The Energy Development Corporation (EDC) will be spending P7-billion for the last wave of its rehabilitation program for its aging plants for the improvement of reliability and generating capacities by 2018. Most...
Australian oil and gas firm Nido Petroleum Ltd. has begun the evaluation of a possible expansion its project in the Galoc oil field following the completion of the drilling of a second...
