Energy & Mining

ACEN Corp. 1Q net income rises 34% to P2.7 billion

ACEN Corp. on Wednesday reported a 34 percent jump in consolidated net income in the first quarter this year to P2.7 billion versus last year's P2 billion, driven higher by the 49 percent surge in the company's renewable energy output.

MPIC bares foreign interest in Terra Solar

Only two of five foreign entities looking to take a minority position at Terra Solar Philippines Inc. will be allowed to come in, Metro Pacific Investments Corp. (MPIC) chairman Manuel V.l Pangilinan told reporters on Tuesday. 

Luzon briefly under yellow alert on Monday

The National Grid Corporation of the Philippines (NGCP) on Monday placed the Luzon grid under yellow alert status anew.

Aboitiz Power posts 4 percent income growth in 1Q

Aboitiz Power Corp. on Monday reported a 4 percent rise in net income to P7.9 billion in the first three months this year compared to only P7.5 billion in the same period last year.

Fuel prices retreat another time this week

The price of fuel at the pumps rolls back again this week. 

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