Energy & Mining

Tawi-tawi power coop restructures P400M debt

The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.

Derazona Helicopters brings Airbus H160 to Southeast Asia energy market

Derazona Helicopters has received its first Airbus H160, becoming the first energy operator in Southeast Asia to use the next-generation helicopter.

Solaris turns over first community support for rooftop solar host in Cavite

JinNavitas Solaris Inc. (Solaris), the renewable energy unit of the JoyNostalg Group, has turned over its first community assistance support package to residents of...

Prime Energy notes importance of homegrown natural gas

Prime Energy turned up the volume on the case for indigenous natural gas as the Philippines locked in a new, coordinated push on energy security, sealing a rare public-private pact to power the country through the energy transition.

PetroEnergy tightens grip on Petrowind

PetroEnergy Resources Corp. (PERC) is moving to consolidate its stake in renewable energy after signing a Share Purchase Agreement to acquire BCPG Wind Cooperatief U.A.’s entire 40 percent equity interest in PetroWind Energy Inc. (PWEI).

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