Primelectric, majority shareholder of Ignite Power, wants to replicate its track record with Central Negros Electric Cooperative (CENECO) for its proposed partnership with South Cotabato II Electric Cooperative (SOCOTECO II).
Petron Corp., the Philippines’ largest oil company and sole remaining refiner, posted a sharp earnings decline in the first quarter of 2026 as refinery disruptions and global crude volatility weighed on margins despite stronger revenues.
ACEN Corp. has extended further financial backing for its flagship wind development in Quezon, underscoring continued capital support for one of its largest renewable energy projects in the Philippines.
Semirara Mining and Power Corp. (SMPC) says it is preparing a sustainable mining plan as it seeks to continue operating the Semirara coal resource in Antique, even as the government moves ahead with a bidding process for the site.