December 6, 2022

Semirara sets aside P5.6B for capital spending plan

BY LENIE LECTURA – DECEMBER 6, 2022 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) is allocating P5.6 billion for next year’s capital expenditure (capex) program. Of the total amount, P4.1 billion will go to the mining equipment […]
December 6, 2022

Aboitiz awards EPC deals to Ormat, Desco

BY LENIE LECTURA – DECEMBER 6, 2022 from Business Mirror AP Renewables Inc. (APRI), a subsidiary of Aboitiz Power Corp., has tapped Ormat Technologies Inc. and Desco Inc. as engineering, procurement, and construction (EPC) contractors for its 17-megawatt (MW) binary […]
December 6, 2022

DMCI Power invests P745M to boost Masbate supply

By Myrna M. Velasco – December 6, 2022, 6:30 AM from Manila Bulletin DMCI Power Corporation (DPC), the off-grid energy solutions company of the Consunji group, has coughed up P745 million worth of fresh investment to augment power supply into […]
December 6, 2022

PXP Energy completes acquisition of Pitkin

By Alena Mae S. Flores – December 5, 2022, 7:50 pm from manilastandard.net PXP Energy Corp. said Monday it completed the acquisition of the remaining 46.57-percent interest in Pitkin Petroleum Ltd. as part of its continued efforts to streamline the […]