PetroEnergy Resources Corp. (PERC) has recently partnered with Thai powerhouse BCPG Public Company Ltd. for its upcoming 36-megawatt (MW) Nabas-1 Wind Power Project, making the collaborative enterprise the first acquisition in the...
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...
The National Grid Corp. of the Philippines (NGCP) is set to place a permanent tower in replacement of Tower 34 that fell in Alabang by the end of May to assure continued...
Senator Sherwin Gatchalian has warned the Energy Regulatory Commission (ERC) that the Philippines will never get serious renewable energy investors due to the P6.6 billion the government owes renewable energy players under...
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...
A substation project in Pasay is looking to strengthen the grid facilities in Metro manila by providing a solution to increased power demand and distribute the existing load of facilities serving the...
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...
