Aboitiz Power Corporation is looking to spend around Php190 billion over the next decade for an additional 3,700 megawatts (MW) under its renewable energy (RE) portfolio in a bid to reach a...
PXP Energy recorded a lower core net loss of Php22.2 million in the first half of 2021, 19% lower from Php26.9 million in the same period last year. The Manny V. Pangilinan-led...
Aboitiz Power Corporation recorded a consolidated net income of Php4 billion for the second quarter of 2021, 136% higher than the Php1.7 billion it got in the corresponding period in 2020. In...
Dennis Uy-led Phoenix Petroleum proceeded to build up its balance sheet after it settled Php3 billion in commercial papers (CP) on Monday. In a disclosure to the Philippine Stock Exchange on Tuesday,...
Petron Corporation, the country’s largest oil firm, has resumed operations of its 180,000-barrel per day refinery in Limay, Bataan after nearly four months. Based on a BusinessMirror report, Petron President and CEO...
The three hydroelectric power plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were forcibly shut down on Wednesday by the local government unit (LGU) despite the Department of Energy’s (DOE)...
PXP Energy, through its subsidiary Pitkin Petroleum Peru Z-38 SRL, said that it will likely terminate its license contract with Australian partner KEI (Peru Z-38) Pty. Ltd. Sucursal del Peru for its...
AC Energy (ACEN) is lending up to Php1 billion to Solar Philippines to finance its various land acquisitions for its solar power projects. In a disclosure to the Philippine Stock Exchange on...
Three run-of-river hydropower plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were ordered to stop operations following a cease and desist order (CDO) issued on Tuesday by the National Commission on...
Cebu-based Vivant Energy Corporation will be investing around Php5 billion for expansion projects to be finalized until 2023, targeting both renewable energy (RE) and conventional power technologies. Vivant President Arlo Sarmiento noted...
