Yuchengco-led Petro Energy Resources Corp. (PERC) announced that its San Jose Solar Power Plant in Nueva Ecija has begun exporting renewable energy to the Luzon grid, its second utility-scale solar facility to come online. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 23, PERC...
The Office of the Ombudsman (OMB) has upheld its decision that ordered the dismissal of Bureau of Fisheries and Aquatic Resources (BFAR) National Director Demosthenes R. Escoto. In an eight-page joint order, the OMB denied Escoto’s motion to reconsider its Feb. 5 orders that dismissed him from...
The new EX30 (Photos courtesy of Volvo) Volvo Philippines has unveiled the Volvo EX30, its most sustainable vehicle to date, during an exclusive launch at its Makati showroom last month. With the lowest carbon footprint in Volvo’s history, this fully electric subcompact SUV marks a significant...
Present during the ribbon cutting ceremony for the launch of the Air Quality Monitoring Station donated by SMPHI for EMB-NCR’s Adopt-a-CAMS Program were (from left): Engr. Phil Kreisky V. Tobias, Maria Cecille Pangilinan, and Arvin B. Araojo Jr. from SMPHI; Gemma G. Cariño, chief of the Finance...
A month after connecting to Bohol's power grid, the Yuchengco-led PetroEnergy Resources Corp. announced that its Dagohoy Solar Project has been switched on and is expected to begin contributing to the grid. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 21, PetroEnergy said that...
SM Group and Department of Environment and Natural Resources (DENR) officials, along with mall tenants and students, join forces for a waste-free future and promote responsible waste management. SM Prime Holdings, Inc. (SM Prime), the largest mall developer and operator in the Philippines, is...
Yuchengco-led Petro Energy Resources Corporation (PERC) reported lower net income growth despite higher electricity sales during the first nine months of 2024. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 15, PetroEnergy said that its consolidated net income fell 23 percent to...
Benguet Corporation, a mining firm controlled by the Romualdez family, reported that the Red Earth Mineral Resources Corporation is infusing P440 million into the company through a subscription of new shares. In a disclosure to the Philippine Stock Exchange, Benguet said its Board of Directors had...
Senator Manuel “Lito” Lapid has called on the Senate to expedite the passage of the bill seeking to establish a Department of Water Resources—a centralized agency that would implement a comprehensive framework for water management. In his speech at the 30th PWWA International...
The Department of Environment and Natural Resources’ (DENR) Mines and Geosciences Bureau (MGB) is preparing a draft Executive Order (EO) to submit to Malacañang that aims to address outdated provisions in existing laws that hinder the development of mining operations in the country. On the...
The Department of Energy (DOE) and the Department of Natural Resources (DENR) have partnered to speed up the exploration, utilization, and development of offshore wind projects. In a statement, the DOE said the two agencies entered into a memorandum of agreement (MOA) that allows access...
Axelum Resources Corporation, a coconut products manufacturer and exporter, is conducting a share buy-back program worth an initial P500 million over the next six months. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has authorized the share buy-back program...
