Seafront Resources Corporation, a holding company with an oil exploration and production business, announces notice regarding its Regular Annual Meeting for stockholders. The meeting will be held virtually on June 20, 2024, at 3:30 PM, and stockholders must register at ...
Being the pioneer at protecting and preserving Verde Island Passage (VIP) for roughly two decades already, the work and initiatives of Lopez-led First Gen Corporation and ABS-CBN Foundation will serve as the foundation for ‘scalable solutions’ to be pursued at that marine protected area (MPA)...
The Department of Energy (DOE) has acknowledged that there would be ‘major environmental concerns’ that have to be seriously scrutinized and weighed on proposed energy projects that will traverse some stretch of the Verde Island Passage – not just with offshore wind farm developments, but...
The Philippines was ranked sixth among the Association of Southeast Asian Nations in terms of access to basic sanitation services, a study from the National Economic and Development Authority (NEDA) revealed. In a policy note on the Philippine water sector, the NEDA stated that while 97.6 percent...
Alcantara-led Alsons Consolidated Resources (ACR) reported a drop in net income for the first three months of the year due to the plant’s forced outage in Sarangani province. In a statement, ACR said it was able to consolidate P479 million worth of net income in the first quarter of this year,...
Many offshore wind investors may end up abandoning their proposed projects as both government and private sector advocates have been intensifying calls and activities for reinforced protection of the Verde Island Passage (VIP). A highly placed source indicated that a multinational company along...
Axelum Resources Corp. (PSE: AXLM), an affiliate of Metro Pacific Agro Ventures and the country’s leading fully-integrated manufacturer and exporter of premium coconut products, posted a turnaround in the first quarter of 2024 with a net income of P106 million from a loss of P69.26 million in the...
The Senate Committee on Public Services will exert all efforts at passing the bill crrating the Department of Water Resources and Management this Congress as a means to solve the country's water crisis, Senator Grace Poe said. Poe' said Senate Bill No. 102, one of the Marcos administration's...
Camarines Sur 2nd district Rep. LRay Villafuerte (PPAB) Camarines Sur 2nd district Rep. LRay Villafuerte is urging the Department of Environment and Natural Resources (DENR) to strictly implement the Extended Producer Responsibility...
State-run Philippine National Oil Company (PNOC) has cemented a memorandum of understanding (MOU) with LBP Resources and Development Corporation (LBRDC), a subsidiary of Land Bank, for the rollout of solar rooftop installations at the latter’s economic zone domains. According to PNOC President...
Metro Pacific Investments Corporation, through Metro Pacific Agro Ventures Inc. (MPAV), is seeking to at least double its dairy and greenhouse operations while looking to acquire another coconut-based business and large tracts of agricultural land in Mindoro. MPIC Chairman, President and CEO Manuel...
Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, has signed a multi-year supply deal initially valued about P20 billion with The Vita Coco Company, Inc., one of the world’s largest coconut water brands, on strong global...
