Shell Pilipinas profits surge, cash flows strong
Shell Pilipinas Corp., the second largest oil company in the country, fired up its performance in the first nine months of the year, booking core earnings of P2.5 billion, up 10 percent year-on-year. That pushed net income to P1.3 billion, higher by 33 percent from the same period last year.
ACEN approves more funds for local projects
ACEN Corp. has approved additional funding for its local exploration project and for the planned Camarines offshore wind project being developed with Copenhagen Infrastructure Partners (CIP).
Gov’t hosts global meet on migratory bird conservation
The Philippines is hosting the 12th Meeting of Partners (MOP) of the East Asian–Australasian Flyway (EAAF) Partnership for the first time since the program began in 2006, the Department of Environment and Natural Resources (DENR) announced Monday.
Power restoration ongoing for 3 million households affected by Typhoon Uwan
Efforts are in full swing to restore electricity to millions of homes left without power after Super Typhoon Uwan battered large parts of the country.
Apex Mining strikes gold with 78 percent surge
Apex Mining Co. Inc. delivered a gleaming performance this year, posting a consolidated net income of P5.45 billion for the first nine months — up 78 percent or P2.38 billion from last year’s P3.07 billion. The third quarter alone contributed a hefty P2.15 billion, compared to P1.31 billion a year earlier.
