March 16, 2022

PERC to use part of SRO proceeds for RE projects

BY LENIE LECTURA – MARCH 15, 2022 from Business Mirror PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group of Companies (YGC), said Tuesday it would reallocate the remaining proceeds of its 2018 stock rights offer (SRO) to partly […]
March 15, 2022

ACEN takeover of Aussie JV completed by Q1

By Danessa Rivera – March 15, 2022 | 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is eyeing to complete the takeover of its Australian joint venture platform in the first quarter of next year, to […]
March 15, 2022

Energy official calls for pricing reform in natural gas market

By Marielle C. Lucenio – March 13, 2022 | 7:43 pm from Business World REUTERS THE critical role of natural gas as a “transition fuel” en route to achieving the world’s environmental objectives warrants a new pricing system decoupled from […]
March 15, 2022

Diesel power plants dominate DoE’s endorsements to ERC

By Marielle C. Lucenio – March 13, 2022 | 7:44 pm from Business World POWER PLANTS endorsed to the regulatory commission for five-year operating permits included 12 diesel-powered facilities out of 17 overall, according to a list posted to the […]