February 13, 2020

PEMC-Iemop deal null and void from the start, lawmaker insists

By Lenie Lectura -February 13, 2020 from Business Mirror PUWERSA ng Bayaning Atleta (PBA) Party-list Rep. Jericho Nograles on Wednesday urged the  Department of Energy (DoE) to declare null and void the contract between the Philippine Electricity Market Corporation (PEMC) […]
February 13, 2020

Alsons expects to raise P694 million from commercial papers for RE funds

By Lenie Lectura -February 13, 2020 from Business Mirror ALCANTARA-LED Alsons Consolidated Resources Inc. (ACR) expects to raise P694 million worth of commercial papers, providing additional financial aid to fund the company’s renewable-energy (RE) projects. It said Wednesday that it […]
February 12, 2020

Lopez-led FGen creates 160-million preferred shares, OKs sale of stake in hydro arm

By VG Cabuag & Lenie Lectura – February 12, 2020 from Business Mirror THE board of Lopez-led First Gen Corp. (FGen) has approved the company’s increase in authorized capital stock after it created some 160 million in preferred shares, which […]
February 12, 2020

Firm tells DOE of interest to explore Mindoro-Cuyo basin petrol reserves

By Lenie Lectura -February 12, 2020 from Business Mirror THE Department of Energy (DOE) has received an application to explore petroleum reserves in Mindoro-Cuyo basin, a nominated area submitted by an undisclosed firm. The nomination of an area for exploration […]