Petron H1 profit drops 27% as ME conflict lifts costs
Petron Corp.'s first-half net income fell 27 percent to P3.8 billion from P5 billion a year ago as higher crude prices, import premiums and freight costs…
· 2 MIN READ
Daily Tribune
Maria Bernadette Romero has spent over half a decade as a Business Journalist for the Daily Tribune, covering the Energy beat — from power plants to power lines — and keeping tabs on Transportation, Telecommunications, and the Capital Market. Before joining the publication, she worked as a Lifestyle contributor for an online magazine, a rookie reporter at the Philippine Star, and a Lifestyle writer at the Manila Bulletin. For invitations and story leads, drop her a line at mariabernadetteromero@gmail.com.
Petron Corp.'s first-half net income fell 27 percent to P3.8 billion from P5 billion a year ago as higher crude prices, import premiums and freight costs…
· 2 MIN READ
Remote islands dependent on diesel-fired power plants are getting a fuel lifeline as state-run National Power Corp. (Napocor) begins diesel deliveries under a…
· 1 MIN READ
The Department of Energy (DOE) is betting that better data will lead to bigger energy discoveries as it awarded the first contract under its flagship…
· 1 MIN READ
The Philippine Competition Commission (PCC) said Alternergy Holdings Corp.'s sale of a 40 percent stake in two wind power projects to ABC Energy Inc. is…
· 2 MIN READ
Casino Plus has chalked up three P1-billion milestones in the past eight months as it ramps up investments in customer protection, operational capability, and…
· 1 MIN READ
Maynilad Water Services Inc. grew its first-half net income by 14 percent to P8.51 billion as stronger operations, higher water sales and improving network…
· 2 MIN READ
Residential customers of Manila Electric Co. (Meralco) consuming around 200 kilowatt-hours (kWh) a month are expected to save a little over P100 on their…
· 2 MIN READ
The Department of Energy (DoE) is moving to reduce the high cost of generating electricity in the country’s remote islands through a dedicated green energy…
· 2 MIN READ
Prevailing pump prices in Metro Manila are expected to ease to around P68.97 to P99.17 per liter for gasoline, depending on the grade, while diesel prices…
· 2 MIN READ
International Container Terminal Services Inc. (ICTSI) grew its recurring net income by 25 percent in the first half of the year as newly acquired terminals…
· 2 MIN READ