AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee said that establishing a national framework for water resource management, as spelled out in the proposed Department of Water Resources (DWR), will boost...
Bagong Henerasyon Party-list Rep. Bernadette Herrera (Rep. Herrera's office) House Deputy Minority Leader Bagong Henerasyon Party-list Rep. Bernadette Herrera has hailed the passage of the proposed Department of Water Resources (DWR), a measure that...
The Alcantara family-owned Alsons Consolidated Resources was cited by the local government of Maasim, Sarangani for its significant contribution in the economic progress and empowering communities in the municipality. The Alcantara group owns Sarangani Energy Corporation which remitted over P61.4...
(MANILA BULLETIN) The measure that seeks to create a dedicated agency to address all water-related problems has been overwhelmingly passed on third and final reading in the House of Representatives. Approved on the strength of 254 affirmative votes against only...
PetroGreen Energy Corp. (PGEC), the energy arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), completed the site development works for its 27-megawatt direct current (MWdc) Dagohoy Solar Power Project in Dagohoy, Bohol. The project is currently the first large utility-scale solar power...
The 13.2-megawatt (MW) Nabas-2 Wind Power Project of PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI). PWEI is a joint business between Yuchengco's PetroEnergy Resources Corporation (20 percent), PetroGreen Energy Corporation (PGEC) (40 percent), and...
Reclamation projects under the Pasay Eco-City Coastal Development have substantially complied with qualifications set by the Department of Environment and Natural Resources (DENR). Environment Secretary Ma. Antonia Yulo-Loyzaga confirmed this in a Palace briefing on Wednesday, Nov. 29. “There...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) has successfully raised over P1.15 billion from the third tranche of its P3 billion commercial paper program. The Securities and Exchange Commission had given ACR the permit to sell 182-day and 364-day commercial papers at an interest rate of...
Rep. Caroline Tanchay-led nickel mining firm Oriental Peninsula Resources Group Inc. reported that its fortune turned with losses amounting to P367.51 million in the first nine months of 2023 from a net income of P272.4 million in the same period last year. In a disclosure to the Philippine Stock...
AGRI Party-list Rep. Wilbert T. Lee (Facebook) Amending the fisheries code will allow the local fishing industry to contribute more to economic development and food security. Agri Party-list Rep. Wilbert T. Lee underscored this during the 6th National Sardines...
With sustained uptick in its energy sales, the net income of Alsons Consolidated Resources Inc. (ACR) had climbed to P1.8 billion within January to September this 2023, posting 32-percent escalation from a relatively moderate pace of P1.35 billion earnings last year. Given such uptrend in its...
The consolidated net income of Yuchengco-led PetroEnergy Resources Corporation’s (PERC) had climbed 29% to P874 million as of end-September this year as against a leaner P677 million within a comparative period in 2022. For the third quarter alone, the company posted a profit of P282.696 million,...