May 7, 2021
Published by admin at May 7, 2021
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PERC Net Income Up 21% In 2020

BY LENIE LECTURA – MAY 7, 2021 from Business Mirror Yuchengo-led PetroEnergy Resources Corp. (PERC) booked P646 million in net income last year, up 21 percent from P543 million posted in 2019, buoyed by the full-year operations of its solar […]
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May 7, 2021
Published by admin at May 7, 2021
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Regulatory conflicts flagged with creation of power agency

By Gillian M. Cortez – May 6, 2021 | 7:52 pm from Business World   GOVERNMENT agencies raised the possibility of regulatory overlap in the creation of a new office tasked with ensuring power rates for consumers. In a hearing […]
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May 6, 2021
Published by admin at May 6, 2021
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Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
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May 6, 2021
Published by admin at May 6, 2021
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AC Energy scales down FOO proceeds target to P13.07 B

By Myrna M. Velasco – May 6, 2021, 6:30 AM from Manila Bulletin Ayala-led firm AC Energy Corporation has lowered the scale of proceeds it can fetch from its follow-on offering (FOO) to P13.07 billion from a higher end target […]
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