August 18, 2017

PetroEnergy income up 180% to $6.55 million

By Lenie Lectura – August 17, 2017 from Business Mirror PetroEnergy Resources Corp. (PERC) reported a 180-percent jump in net income at end-June this year to $6.55 million, from $2.34 million in the same period last year, mainly brought about […]
August 18, 2017

NGCP was instrumental in WESM launch in Mindanao

By Lenie Lectura – August 17, 2017 from Business MIrror THE National Grid Corp. of the Philippines (NGCP) said on Thursday it was instrumental in the successful launch of the Wholesale Electricity Spot Market (WESM) in Mindanao. “NGCP’s biggest and most crucial […]
August 17, 2017

Semirara open to develop mine-mouth power plant

By Lenie Lectura – August 16, 2017 from Business Mirror SEMIRARA Mining and Power Corp. (SMPC) formally signified interest with the Department of Energy (DOE) to develop a 50-megawatt (MW) mine-mouth power plant in the province of Antique. Energy Secretary Alfonso Cusi, SMPC […]
August 17, 2017

NEA issues show-cause orders vs Paleco, Ormeco

By Lenie Lectura – August 16, 2017 from Business Mirror THE National Electrification Administration (NEA) on Wednesday said it will issue show-cause orders against the Palawan Electric Cooperative Inc. (Paleco) and Oriental Mindoro Electric Cooperative Inc. (Ormeco) for their failure to provide quality service despite […]