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. […]
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 […]
December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
November 2, 2017

MGI geothermal plant in Sto. Tomas, Batangas now producing 600 GWh

By Lenie Lectura – October 30, 2017 from Business Mirror MAIBARARA Geothermal Inc. (MGI) said on Monday its 20-megawatt (MW) unit-1 geothermal-power plant in Santo Tomas, Batangas, reached its 600-gigaWatt-hour (GWh) generation mark on October 25. This milestone was achieved three years and eight months […]