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,...
Axelum Resources Corp., the country’s leading fully integrated manufacturer of premium coconut food products, expects to sustain its strong growth seen in 2025, when revenues reached a record high. “For 2026, we remain positive in sustaining this momentum as we continue to invest in building...
Alsons Consolidated Resources Inc., the publicly listed power arm of the Alcantara Group, reported a slight decline in full-year net income for last year as the company’s push into renewable energy was tempered by impairment losses from its fossil-fueled power plants. In a statement, the energy...
Prime Energy Resources Development NV and its partners are on track to begin gas production from the fourth phase of the Malampaya deep-water gas-to-power project by the final quarter of 2026, following successful drilling results at a key offshore well. The Camago-3 well, located in offshore...
Every new gas find is a hard-won victory for the Philippines—whether it is a fresh discovery or added production. President Marcos’s revelation that Malampaya East-1 (MAE-1) holds an estimated 98 billion cubic feet (BCF) of reserves signals that the country has struck a deeper kind of...
Aboitiz Foods subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH) has fully acquired Diasham Resources Pte. Ltd., a Singapore-based manufacturer and distributor of high-quality animal nutrition and health solutions. In a disclosure to the Philippine Stock Exchange, Aboitiz Foods’ parent...
As Christmas greetings made the rounds, so did quieter whispers of an unsettling rumor: that a major mining company shareholder is allegedly being groomed to take the helm of the Department of Environment and Natural Resources (DENR). This raises a troubling scenario: Is current Environment...
The Department of Education (DepEd) has ended a decade-long deadlock in textbook procurement, recording a dramatic 289-percent surge in approved titles within a single year—exceeding the total number of textbooks procured in the previous ten years combined. “Hindi puwedeng kulang-kulang ang...