May 16, 2024

PetroEnergy registered 7% income growth to P186m in three months

By Alena Mae S. Flores – May 15, 2024, 7:20 pm from manilastandard.net PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent in the first […]
May 16, 2024

Repower earned P70.1m in Q1

By Alena Mae S. Flores – May 15, 2024, 7:15 pm from manilastandard.net Repower Energy Development Corp. said Wednesday it posted a net income of P70.1 million in the first quarter of 2024, a 32-percent increase from P52.8 million a […]
May 16, 2024

ERC partially lifts P1.7-b reserve market settlement

By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]
May 15, 2024

ERC flags 5 power companies for exceeding unplanned outages

By Alena Mae S. Flores – May 14, 2024, 8:55 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Tuesday its initial investigation showed that five power generating companies breached the unplanned outage allowance. ERC director for market operations service […]