PetroEnergy cuts PetroWind stake in P1.7-B deal
PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
· 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.
PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
· 2 MIN READ
The government has collected P78 billion from the privatized operations of Ninoy Aquino International Airport (NAIA) in less than two years, while private…
· 3 MIN READ
Travelers between the Philippines and Australia will get more flight options in time for the year-end holiday rush as Philippine Airlines (PAL) increases its…
· 1 MIN READ
Successive weather disturbances have wiped out P2.32 billion worth of local farm output and assets, with losses expected to climb further as the government…
· 2 MIN READ
Filinvest Development Corp. (FDC) is prepared to absorb shares left unsold in East West Banking Corp.'s planned P9-billion stock rights offering to preserve…
· 2 MIN READ
PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
· 2 MIN READ
Maynilad Water Services Inc. is expanding its reach beyond its existing concession through a 25-year water and wastewater venture in New Clark City, giving the…
· 2 MIN READ
Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
· 3 MIN READ
The Visayas grid was placed under red alert for the 22nd time this year on Wednesday as available power supply fell short of projected peak demand amid…
· 2 MIN READ
Globe Telecom Inc. plans to bring its Starlink-powered satellite service to iPhones by yearend, potentially expanding its reach to 90% of its addressable…
· 2 MIN READ