Energy & Mining
$600M fresh investments committed under Malampaya contract extension
The Malampaya consortium led by Prime Energy Resources Development B.V. has programmed initial investments of $600 million under the recently renewed Service Contract (SC) 38.
Energy...
PERC unit acquiring solar development projects in Luzon
PetroGreen Energy Corp. (PGEC), the renewable energy arm of listed firm PetroEnergy Resources Corp. (PERC), is acquiring solar projects in Luzon.
Louie Mark Limcolioc, PGEC...
Mindanao facilities power Alsons 1Q income 67 percent higher
Listed investment holding firm Alsons Consolidated Resources Inc. (ACR) credited its power generation business in Mindanao to the 67 percent rise in net income...
Fuel products price higher after three weeks of rollbacks
After three consecutive weeks of fuel price cuts, the various retailers implement a price hike beginning Tuesday, 16 May.
Seaoil has raised the per liter price of its gasoline...
Hotter climes to push Meralco sales at least 4% higher this year
The Manila Electric Co. (Meralco), having posted sales growth of 2 percent in the first three months of the year, bared optimism of doubling...
