July 28, 2018

PetroEnergy to start Tarlac-2 solar project

By Jordeene Sheex Lagare – July 28, 2018 from The Manila Times YUCHENGO group-led PetroEnergy Resources Corp. (PERC) is targeting to begin building the second phase of its Tarlac solar power project this year, company officials said. PetroEnergy will undertake […]
April 18, 2018

PetroEnergy income reached $8.46 million last year

By Lenie Lectura – April 17, 2018 from Business Mirror PETROENERGY Resources Corp. (PERC) reported its earnings jumped 44 percent to $8.46 million (P439.8 million in 2017 as against $5.86 million (P304.65 million) in 2016, mainly on account of higher revenues. The company attributed the profit […]
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 […]
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 […]