9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Phinma Energy Corp. has subscribed to the preferred shares of its renewable energy subsidiary Trans-Asia Renewable Energy Corp. (TAREC) to boost the latter’s capital base. In a disclosure to the Philippine Stock
AC Energy Holdings Inc. will set aside its hydropower projects and will focus on renewable energy (RE) developments in more advanced stages after selling all its interests in three hydropower companies. The power
Aboitiz Power’s renewable energy arm has acquired the P2.88-billion loan of San Carlos Sun Power Inc. (Sacasun) from BDO Unibank Inc. to develop its solar power project in Negros Occidental. Aboitiz Power
Manila Electric Co. (Meralco) will relaunch its plans to venture into the battery energy storage this year amid talks with US company Tesla Motors Inc. Meralco SVP and head of customer retail
Ayala’s AC Energy Holdings Inc. and its partners have acquired the Indonesian and Philippine geothermal assets of Chevron Corp. The Indonesian consortium, with members AC Energy, Electricity Generating Public Company Ltd., Star
Japan’s Marubeni Group has acquired 20 percent of the Southern Luzon Thermal Energy Corp. (SLTEC) under a partnership with Phinma Energy Corp. and AC Energy Holdings Inc. Marubeni’s local subsidiary Axia Power Holdings
Pilipinas Shell Petroleum Corp. last week said its Valenzuela station has been cleared from claims that it is selling gasoline blended with methanol. The Department of Energy (DOE) has examined products taken
Pilipinas Shell Petroleum Corp. continues to show progressive measures into its 2017 capital expenditures as the company is set to upgrade its refinery in Tabangao, Batangas to produce bitumen. In a disclosure
Phoenix Petroleum Philippines Inc. (PNX) has signed a non-binding memorandum of understanding (MOU) with global oil trading company Noble Clean Fuels Limited (NCFL) for a possible partnership in seeking offshore supply of
Pilipinas Shell Petroleum Corp. will add 70 more stations next year to boost its sales amid fluctuating global oil prices. Shell Country Chairman Cesar Romero said the company will build 50 to
