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 […]
April 19, 2018

MGI gets COC for Pampanga power station

By Lenie Lectura – April 18, 2018 from Business Mirror MAIBARARA Geothermal Inc. (MGI) has secured a Certificate of Compliance (COC) for its 12-megawatts Maibarara-2 power station in Santo Tomas, Batangas. MGI is a joint venture of PetroGreen Energy Corp. […]
March 13, 2018

Maibarara Geothermal puts power plant online

By Lenie Lectura – March 12, 2018 from Business Mirror MAIBARARA Geothermal Inc. (MGI) successfully commissioned last week the 12-megawatt (MW) Maibarara Geothermal Power Plant-2 (M2), the first geothermal facility to be put up under the current administration. The power facility […]