Dennis Uy-led Phoenix Petroleum is setting aside Php1 billion for its capital expenditures (capex) for the next few years. In a disclosure to the Philippine Stock Exchange on Wednesday, the country’s third-largest...
Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 93% surge in its consolidated reported net income to Php2.3 billion in the first quarter this year from Php1.2 billion last year, despite...
AC Energy (ACEN) is working on nearly 12 gigawatts (GW) worth of renewable energy (RE) projects, more than twice its 2025 target of five GW, as it aims to become Southeast Asia’s...
Petron Corporation, the country’s largest oil firm, reported Php1.73 billion income in the first quarter, a reversal, a reversal of its P4.9 billion net loss in the same quarter last year, as...
PXP Energy Corporation has cut its core net loss by 66.9% to Php5.6 million in the first quarter of the year from Php16.9 million in the same period last year. In a...
AC Energy (ACEN) has set its follow-on offering (FOO) price at Php6.50/share, it announced in a disclosure to the Philippine Stock Exchange (PSE). The FOO, slated for Monday (May 3) is “subject...
Vires Energy Corporation (VEC) has clarified that it will no longer contract liquefied natural gas (LNG) tanker BW Paris. The Department of Energy (DOE) announced in its press release over the weekend...
Aboitiz Power Corporation aims to begin working on its renewable energy (RE) projects for this year with the groundbreaking of its 73-megawatt (MW) Cayanga-Bugallon solar power plant project in Pangasinan. The project...
Aboitiz Power Corporation’s consolidated net income for the first quarter nearly tripled to Php6.2 billion from Php2.1 billion year-on-year. In a disclosure to the Philippine Stock Exchange, AboitizPower attributed the profit surge...
AC Energy Corporation (ACEN) and AC Energy and Infrastructure Corporation (ACEIC) have finalized their property-for-share swap deal as part of ACEN’s move to consolidate its local and foreign energy platforms. In a...
