Shell, Caltex expand gas station network
- January 20, 2021
Pilipinas Shell Petroleum Corporation (PSPC) eyes to open 50 to 70 new service stations this year, it said in a disclosure to the Philippine Stock Exchange (PSE). “SHLPH has been taking steps
Pilipinas Shell Petroleum Corporation (PSPC) eyes to open 50 to 70 new service stations this year, it said in a disclosure to the Philippine Stock Exchange (PSE). “SHLPH has been taking steps
The stock price of Ramos family-run The Philodrill Corporation took a huge jump at the Philippine Stock Exchange (PSE) on Tuesday following its takeover of the Onshore Mindoro gas exploration project. Philodrill,
Alsons Consolidated Resources, Inc. (ACR), which has power generating assets concentrated in Mindanao, said it was given a “PRS A+ (corp.) with a Stable Outlook” issuer credit rating from the Philippine Rating
SN Aboitiz Power-Benguet, Inc. (SNAP-Benguet) said it has raised Php18billion in unsecured notes from BDO Unibank and Bank of the Philippine Islands (BPI) to refinance its loans and support the company’s other needs. The
Aboitiz Renewables, Inc. (ARI), a wholly-owned subsidiary of Aboitiz Power Corporation, has acquired full ownership of La Filipina Electrika, Inc. (LFEI) from La Filipina Uy Gongco Corporation (LFUGC) and Therma Power, Inc.
AC Energy, the Ayala group’s power arm, has moved its stock rights offer (SRO) period two weeks earlier than previously scheduled, based on the company’s disclosure to the Philippine Stock Exchange. Under
Dennis Uy-led Phoenix Petroleum has gone on a “capital light” expansion while implementing a comprehensive financial management program, as it aims to recover from the effects of the COVID-19 pandemic on its business.
MERALCO Powergen Corporation (MGen), through its renewable energy (RE) arm MGen Renewable Energy, Inc. (MGreen), has acquired an additional 20% equity in Powersource First Bulacan Solar, Inc. (PFBSI), raising its total stake
Pilipinas Shell Petroleum Corporation said it is awaiting the copy of the Court of Tax Appeals’ (CTA) recent ruling upholding its earlier granting of an excise tax refund to the company worth
Meralco PowerGen Corporation (MGen), the power generation arm of the Manila Electric Company (MERALCO), the country’s largest power distributor has taken full ownership of Global Business Power Corporation (GBP), the largest power