Growing into one of the most profitable publicly-listed energy companies in the Philippines through judicious investments in conventional and renewable energy exploration and development.
November 25, 2011
By: Amy Remo Philippine Daily Inquirer MANILA, Philippines—Danish engineering firm Cowi Inc. has confirmed the technical viability of PetroEnergy Resources Corp.’s planned 50-megawatt wind farm in Nabas, Aklan. In a disclosure to the Philippine Stock Exchange, PetroEnergy said this was based on the results of an initial micrositing sudy and annual energy production estimate… Read More
November 11, 2011
Department of Energy (DOE) Secretary Jose Rene Almendras approved on November 11, 2011 the “Confirmation of Commerciality” for the 20 MW Maibarara integrated geothermal steamfield and power plant project in Sto Tomas, Batangas of service contractor Maibarara Geothermal, Inc. (MGI). The confirmation serves as the basis for the project to enter the development and commercial… Read More