Petron Corporation recorded a net income of Php3.6 billion in the first quarter of 2022, more than double its Php1.73 billion net income in the same period last year. The company’s consolidated...
Many of the Filipinos who landed in Forbes Magazine’s list of the richest people in the world for 2022 happen also to be players in the country’s energy sector. Leading the list...
Petron Corporation, the country’s largest oil firm, registered a net income of Php6.14 billion in 2021, a reversal from the Php11.4 billion net loss in 2020. The company said it sold 82.24...
Philippine coal-fired power plants are looking for other possible sources of the fossil fuel amidst Indonesia’s ban on coal exports. Based on a BusinessWorld report, Aboitiz Power Corporation — the country’s largest...
SMC Global Power Holdings Corporation, the power generating arm of San Miguel Corporation (SMC), said 690 megawatts (MW) in battery energy storage system (BESS) projects would be operational early this year. The...
Petron, the country’s largest oil firm, ended the first nine months with a consolidated net income of Php4.99 billion, reversing the Php12.6 billion net loss it incurred in the same period last...
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series...
Petron Corporation, the country’s largest oil firm, has completed the sale of its fixed-bond rates worth Php18 billion partly to finance its new power plant inside its refinery in Limay, Bataan. In...
Major energy players in the country are set to give a total of Php56 million in cash incentives to Filipino medalists following Team Philippines’ historic run at the Tokyo Olympics. This comes...
Filipino Olympic middleweight boxer Eumir Marcial is expected to receive a total of Php5 million entities owned by major energy players Manny V. Pangilinan, Ramon Ang, and Dennis Uy for his bronze...
