Alsons Consolidated Resources Inc., the listed power-generation arm of the Alcantara group, is accelerating its shift toward renewable energy to secure long-term recurring revenue streams and diversify its portfolio. During the company’s annual stockholders’ meeting on Thursday, May 28, ACR...
The cutting of trees affected by the Southern Access Link Expressway (SALEX) Project was undertaken only as a “last resort” after mitigation and conservation measures had already been considered, the Department of Environment and Natural Resources (DENR) said on Thursday, May 28. In DENR’s...
The Department of Environment and Natural Resources (DENR) has suspended the cutting of trees along Quirino Avenue in Manila while it reviews mitigation measures for an ongoing infrastructure project. DENR Acting Secretary Juan Miguel Cuna said the suspension will allow a more detailed review of...
The Department of Environment and Natural Resources (DENR) has assured the public that no tree removal activity is being authorized without a strict legal basis, environmental safeguards, and long-term rehabilitation measures, amid concerns surrounding the Berong Nickel Project in Palawan and...
PetroEnergy Resources Corp. (PERC), the energy investment arm of the Yuchengco Group, reported a 14 percent decline in first-quarter profit as the absence of oil revenues from its African operations outweighed growth in its local renewable energy portfolio. In a disclosure to the Philippine Stock...
Japan International Cooperation Agency (JICA) and the Philippine government have launched a technical cooperation project aimed at strengthening sustainable finance and climate-related transparency frameworks in the country. In a statement on Saturday, May 9, JICA Philippines said that it signed...
The Malampaya Phase 4 (MP4) project is advancing at a steady clip with subsea pipelaying and offshore construction activities now in full swing offshore Palawan, according to Prime Energy Resources Development NV. In a statement on Tuesday, May 5, Prime Energy said that this development follows a...
Amid worsening floods, droughts, stronger typhoons, and rising sea levels, Department of Environment and Natural Resources (DENR) Secretary Juan Miguel Cuna on Monday, April 27, said that climate action must translate into real, on-the-ground benefits for communities. The statement was made as the...
Despite expanding its solar and wind power projects in 2025, Yuchengco-led PetroEnergy Resources Corp. (PERC) reported a decline in net income due to higher interest expenses and lower oil revenues. In a disclosure to the Philippine Stock Exchange on Thursday, April 23, PERC reported a 29.8 percent...
The recent disruptions in the eGovPH app were caused by a surge in users and limited cloud resources, as downloads reached 40 million and more government services were integrated into the platform, the Department of Information and Communications Technology (DICT) said on Tuesday, April 21. DICT...
PetroGreen Energy Corp., the renewable energy arm of the Yuchengco Group, began injecting power into the Luzon grid as it entered the final testing phase for its solar facility in Pangasinan, the company said Monday, April 20. In a disclosure to the Philippine Stock Exchange, the company said the...
Prime Energy Resources Development NV is moving to solidify the future of the Philippines’ most critical energy asset by initiating data reviews for a new exploration well that could further extend the lifespan of the Malampaya gas field. In a briefing on Tuesday, April 14, Donnabel Kuizon-Cruz,...
