December 7, 2018

Meralco to acquire 350 MW more power for summer 2019

By Lenie Lectura – December 7, 2018 from Business Mirror THE Manila Electric Co. (Meralco) plans to secure next year additional capacities of 300 megawatts to 350 MW to meet the growing demand of its customers for the summer months […]
December 5, 2018

‘PXP must formally ask DOE to lift SC 72 moratorium’

By Lenie Lectura – December 5, 2018 from Business Mirror PXP Energy Corp. needs to make a formal request to the energy department to lift the moratorium on exploration and drilling works in Recto Bank under Service Contract (SC) 72, […]
December 3, 2018

PetroEnergy net income in 1st 9 months up 27% to $9.77M

By Lenie Lectura – December 3, 2018 from Business Mirror PETROENERGY Resources Corp. (PERC) of the Yuchengco group posted a 27-percent increase in consolidated income in the first three quarters of 2018. Net income reached $9.77 million (about P513.98 million) at end-September […]
November 29, 2018

ERC named part of EICC

By Lenie Lectura – November 29, 2018 from Business Mirror THE Energy Investment Coordinating Council (EICC) tasked to streamline the regulatory procedures of energy projects has included the Energy Regulatory Commission (ERC) in the council. The EICC, chaired by the Department […]