February 14, 2020

First Gen hikes authorized capital stock to ₱13.2 billion

By Myrna M. Velasco – February 13, 2020, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will increase its authorized capital stock to ₱13.2 billion from currently at ₱11.6 billion, to be executed through the generation of additional preferred […]
February 14, 2020

PSALM asset privatization proceeds soar to P71.97 billion in 2019 from P33.34 billion

By Lenie Lectura – February 14, 2020 from Business Mirror PROCEEDS from last year’s privatization programs of the Power Sector Assets and Liabilities Management Corp. (PSALM) ballooned to P71.97 billion from P33.34 billion in 2018. “PSALM’s total privatization proceeds in […]
February 14, 2020

AboitizPower gearing up for expanded RE portfolio

By Lenie Lectura -February 14, 2020 from Business Mirror ABOITIZ Power Corp. is gearing up to expand its renewable-energy (RE) portfolio in the next 10 years. AboitizPower President and Chief Executive Officer Emmanuel Rubio said 65 percent of all new […]
February 13, 2020

PXP Energy, partners on track for Peru drilling

By Jordeene B. Lagare – February 13, 2020 from The Manila Times PXP Energy Corp. and its partners are confident of completing its drilling of a well in its offshore exploration project in Peru on time. In a disclosure on […]