September 18, 2021

PXP Energy subsidiary cements deal with Aussie partner

By Myrna M. Velasco – September 17, 2021, 3:36 PM from Manila Bulletin Pitkin Petroleum Limited (PPL), a subsidiary of Pangilinan-led PXP Energy Corporation, has entered into a ‘settlement agreement’ with the subsidiary corporate-entity of its Australian partner Karoon Energy […]
September 18, 2021

2 firms eye PSALM bidding for Pampanga property

By Myrna M. Velasco – September 17, 2021, 3:30 PM from Manila Bulletin Two Filipino firms are eyeing to participate in the scheduled auction of a prime Pampanga real estate asset that state-run Power Sector Assets and Liabilities Management Corporation […]
September 17, 2021

San Miguel unit issues $150-M securities

BY LENIE LECTURA – SEPTEMBER 16, 2021 from Business Mirror The power unit of conglomerate San Miguel Corp. (SMC), SMC Global Power Holdings Corp. (SMCGP), issued $150 million in additional securities with an initial rate of distribution of 5.45 percent […]
September 17, 2021

PSALM to trim debts by ₱23 B this year

By Myrna M. Velasco – September 16, 2021, 2:48 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it would be able to trim down outstanding financial obligations by P23 billion this year on […]