April 18, 2018

PetroEnergy income reached $8.46 million last year

By Lenie Lectura – April 17, 2018 from Business Mirror PETROENERGY Resources Corp. (PERC) reported its earnings jumped 44 percent to $8.46 million (P439.8 million in 2017 as against $5.86 million (P304.65 million) in 2016, mainly on account of higher revenues. The company attributed the profit […]
April 17, 2018

Meralco expects 7% sales growth in Q1

By Jordeene Sheex Lagare – April 17, 2018 from The Manila Times MANILA Electric Co. (Meralco), the country’s largest power distribution utility, expects to report 7 percent sales growth for the first quarter of this year from a year ago, […]
April 17, 2018

ERC gets court reprieve to keep 4 commissioners

By Alena Mae S. Flores – April 16, 2018 at 11:22 am from manilastandard.net The Court of Appeals granted the petition of the four commissioners of the Energy Regulatory Commission to keep working in the agency despite the suspension order […]
April 16, 2018

More RE rollout to hike oil’s share in power mix

By Myrna M. Velasco – April 15, 2018, 10:00 PM from Manila Bulletin It is an ironic twist, but the Philippines target of 15,304 megawatts of renewable energy (RE) capacity into its power system until year 2030 under the Renewable […]