May 18, 2023

PetroEnergy’s Q1 income rose 35% to P340 million

By Alena Mae S. Flores – May 17, 2023, 9:05 pm from manilastandard.net PetroEnergy Resources Corp. said Wednesday first-quarter net income rose 35 percent to P340 million from P252 million in the same period last year, driven by the renewable […]
May 18, 2023

EEI signs deal with IHDC on construction of 3 solar farm

By Alena Mae S. Flores – May 17, 2023, 8:45 pm from manilastandard.net Construction firm EEI Corp. said Wednesday it signed a memorandum of understanding with Industry Holdings and Development Corp. for the development of three potential solar farms with […]
May 17, 2023

First Gen unit submits winning bid for Casecnan plant

BY MYRNA M. VELASCO – May 16, 2023 05:15 PM from Manila Bulletin AT A GLANCE The successful privatization of the 165-megawatt Casecnan hydropower facility is a first key major achievement of PSALM under the Marcos administration. Fresh River Lakes […]
May 17, 2023

Malampaya consortium to invest $630 M

BY MYRNA M. VELASCO – May 16, 2023 04:33 PM from Manila Bulletin AT A GLANCE The investment pipeline for the Malampaya field is under subhase-1 of its work program submitted to the Department of Energy (DOE) and it will […]