May 20, 2022
Published by admin at May 20, 2022
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PetroEnergy income up 48% to P253 M

By Myrna M. Velasco – May 18, 2022, 3:26 PM from Manila Bulletin Yuchengco-led PetroEnergy Resources Corporation (PERC) registered robust 48 percent increase in net income to P253 million in the first quarter this year versus a leaner P170 million […]
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May 19, 2022
Published by admin at May 19, 2022
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FGen budgets $810 million for capex until 2023

By Danessa Rivera – May 19, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Lopez-led First Gen Corp. has earmarked a capital expenditure (capex) of $810 million until 2023, bulk of which will be used to complete its […]
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May 19, 2022
Published by admin at May 19, 2022
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Regulators fine Lopez-led power firm for frequent plant outages

By Angelica Y. Yang – May 17, 2022 | 5:44pm from Philstar.com The Energy Regulatory Commission (ERC) said monitoring generation companies (gencos) and their compliance to their yearly maximum allowable outage limits, is one way to ensure that power firms […]
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May 19, 2022
Published by admin at May 19, 2022
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ERC penalizes FGP Corp.

By Danessa Rivera – May 17, 2022 | 12:00am from The Philippine Star MANILA, Philippines — The Energy Regulatory Commission (ERC) has penalized Lopez-led FGP Corp. for breaching the maximum allowable outage days in 2021. In a 12-page decision issued […]
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