Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out..
Tag Archives: Aboitiz Equity Ventures
Lower demand for power due to the COVID-19 pandemic pulled down Aboitiz Power Corporation’s consolidated net income to just Php3.3 billion in the third quarter,..
The Aboitiz Equity Ventures Inc. has increased its net income in 2016, with 65 percent of it coming from the power business. AEV disclosed that..
The Aboitiz group is finalizing a consortium to bid for Chevron Corporation’s assets in the Philippines and in Indonesia once auctioned within the year. The..
Three local companies are eyeing the geothermal assets of Chevron in the country, after the American energy company was seen unloading its geothermal units in..
