March 16, 2022

PERC to use part of SRO proceeds for RE projects

BY LENIE LECTURA – MARCH 15, 2022 from Business Mirror PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group of Companies (YGC), said Tuesday it would reallocate the remaining proceeds of its 2018 stock rights offer (SRO) to partly […]
March 10, 2022

ACEN sets P55.5-B capex for project expansions; income up 22% to P5.2-B

By Myrna M. Velasco – March 9, 2022, 2:35 PM from Manila Bulletin Having logged consolidated net income growth hitting P5.3 billion last year, Ayala-led energy firm ACEN Corporation will also be on its massive-scale capital spending to the tune […]
March 8, 2022

Duterte nuclear shift seen as admission of failure to achieve energy security

By Marielle C. Lucenio – March 6, 2022 | 7:02 pm from Business World THE government’s decision to incorporate nuclear power into the energy mix points to the government’s failure to achieve energy security via building coal-fired plants and other […]
March 3, 2022

‘PHL needs other energy sources’

BY LENIE LECTURA – MARCH 2, 2022 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. The Philippine Electricity Market Corp. (PEMC), the governing body of the Wholesale Electricity Spot Market (WESM), stressed the need […]