Former Bureau of Internal Revenue (BIR) Commissioner Kim Henares was elected as an independent director of Basic Energy Corporation. In a disclosure to the Philippine Stock Exchange, Basic Energy said that Henares...
Energy Sec. Alfonso Cusi asserted the country’s ownership of the West Philippine Sea (WPS) amid the controversy over Pres. Rodrigo Duterte’s his “jet ski” statement in the 2016 presidential campaign, which he...
AC Energy’s net income for the first quarter of the year went up by 53.7% to Php829.32 million from Php539.58 million restated figure in the same period last year. In its disclosure to...
The Department of Energy (DOE) has approved Palawan55 Exploration & Production Corporation’s request to place its Service Contract (SC) 55 exploration block under Force Majeure for one year. In separate disclosures to...
The Department of Energy (DOE) and the Japan Oil, Gas and Metals National Corporation (JOGMEC) signed a Memorandum of Agreement (MOA) for the study that aims to update the 2002 Philippine National Oil...
PowerSource First Bulacan Solar, Inc. (PFBSI), a 60-40 joint venture between MGen Renewable Energy, Inc. (MGreen) and PowerSource Energy Holdings Corporation has officially started commercial operations of its 50-megawatt solar power plant in...
Dennis Uy-led Phoenix Petroleum posted a Php121 million net income in the first quarter of the year, reversing a Php386.3 million loss in the same period last year, when the COVID-19 pandemic...
Pilipinas Shell Petroleum Corporation (PSPC) said that it looks forward to higher earnings this year with the economy slowly opening up. At the firm’s virtual annual stockholders meeting on Monday, PSPC President...
After surprising the energy sector with its winning bid, Fort Pilar Energy, Inc. is planning to transform the 650-megawatt Malaya Thermal Power Plant (MTPP) and its land into a “modern energy facility.”...
Amid Pres. Rodrigo Duterte’s pronouncements that he can no longer get back territories claimed by China in the West Philippine Sea (WPS), the Department of Energy (DOE) said it still aims to...
