Tag: revenge spending

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Primelectric to replicate Negros success in SOCOTECO bid

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).

Refining disruption squeezes Petron Q1 profit amid oil shock

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.

FPIP, locators named among Tanauan City’s top taxpayers for 2025

The Tanauan City Government has recognized First Philippine Industrial Park (FPIP) and 10 of its locators as among the city’s top business and real property taxpayers for 2025.

ACEN deepens wind project funding support

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.

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