April 3, 2024

CREIT earnings jumped 12% last year as portfolio grew

By Meg J. Adonis – 02:08 AM April 03, 2024 from inquirer.net / Philippine Daily Inquirer CREIT President and CEO Oliver Tan | PHOTO: CREIT MANILA, Philippines — Citicore Energy REIT Corp. (CREIT) of tycoon Edgar Saavedra booked a 12-percent […]
April 3, 2024

Villavicencio steps down as Basic Energy chairman

By Alena Mae S. Flores – April 2, 2024, 7:25 pm from manilastandard.net Ramon Villavicencio Listed Basic Energy Corp. announced Tuesday the resignation of its chairman and director over health reasons. Basic said in a disclosure to the Philippine Stock […]
April 2, 2024

DOE rules out power shortage despite prolonged El Nino drought

By Alena Mae S. Flores – April 1, 2024, 8:30 pm from manilastandard.net The Department of Energy said Monday it does not expect any power supply shortage during the dry months amid the prolonged El Nino drought. “Based on our […]
April 2, 2024

PSALM issues guidelines on property sale

By Alena Mae S. Flores – April 1, 2024, 8:25 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) issued the joint venture guidelines for the privatization of its real property assets. “The JV guidelines is for […]