Petron Corporation plans to offer United States (US) Dollar-denominated senior perpetual capital securities within the year to pay for its debts and for other purposes. In a disclosure to the Philippine Stock...
First Gen Corporation, through its subsidiary FGEN LNG Corporation, has named Norwegian firm BW Gas Ltd. for the charter of a floating storage regasification unit (FSRU) of its offshore liquefied natural gas...
While the Philippines’ two largest oil firms have been slapped with huge losses in 2020 due to the COVID-19 pandemic, Phoenix Petroleum — the country’s third-largest player — managed to pos order...
AC Energy (ACEN) has issued four billion new shares to Arran Investment Pte. Ltd. as part of the Singaporean firm’s private placement in the Ayala-led company. In a disclosure to the Philippine...
The closure of the Tabangao refinery, along with the economic slowdown caused by the COVID-19 pandemic took a toll on Pilipinas Shell Petroleum Corporation’s (PSPC) bottomline, as it reported a Php16.2 billion...
The Department of Energy (DOE) has lifted the one-month suspension of Semirara Mining and Power Corporation’s (SMPC) coal trader accreditation. In a disclosure to the local bourse, SMPC said it received a...
Basic Energy Corporation has received approval from the Department of Energy (DOE) for its proposed 50-megawatt (MW) wind farm in Mabini, Batangas In a disclosure to the Philippine Stock Exchange, the company...
Dennis Uy-led Phoenix Petroleum Philippines Inc. is looking to unload shares and divest their assets following the impact of the pandemic on oil demand. In a disclosure to the Philippine Stock Exchange...
AC Energy is consolidating its Philippine and international platforms via a property-for-share swap worth Php85.9 billion. In a disclosure to the Philippine Stock Exchange on Friday, AC Energy Corporation (ACEN) said its...
The Alcantaras’ Alsons Consolidated Resources (ACR) nearly doubled its income last year, as the operations of its power plants went in full swing amid the COVID-19 pandemic to meet power demand in...
