Phoenix Petroleum has cut down its capital expenditure (capex) for 2021 to Php800 million, nearly half its Php1.5 billion allocation in 2020 to save cash..
AC Energy (ACEN) is eyeing its follow-on offering (FOO) on May 14, the company said during its annual stockholders meeting on Monday. Based on a..
Petron Corporation has completed the issuance of its unsubordinated capital securities worth $550 million (Php26.7 billion). In a disclosure to the Philippine Stock Exchange on..
Lopez-owned Energy Development Corporation (EDC) has tapped Milan-based Exergy International for the supply of an organic rankine cycle (ORC) binary system for its first brine..
AC Energy (ACEN) is looking to develop solar, wind and battery energy storage systems (BESS) projects this year to increase its renewable energy (RE) portfolio...
Lopez-led First Gen Corporation, through subsidiary FGEN LNG Corporation, has selected Dallas-based engineering firm Jacobs to build its interim liquefied natural gas (LNG) terminal project..
Atlantic Gulf & Pacific Company (AG&P) is launching $600 million in new liquefied natural gas (LNG)-related projects in the Philippines, the United States, India, and..
ACE Enexor, Inc. (ACEX), the exploration unit of Ayala-led AC Energy, is planning to drill an exploratory well within the Service Contract (SC) 55 block..
Atlantic Gulf & Pacific Company of Manila, Inc. (AG&P) has recently awarded a contract to Houston, Texas-based McDermott International for the engineering, procurement, and construction..
(UPDATED) Stockholders of AC Energy Corporation (ACEN) have formally approved the infusion of Php85.9 billion worth of foreign assets into the Ayalas’ power arm. The..