Publicly-listed and Yuchengo-led PetroEnergy Resources Corporation (PERC) recorded a 21% increase in its 2020 consolidated net income, rising to Php 646MM from 2019’s Php 534MM. Net income attributable to parent company saw a 9% improvement over the same period from Php 293MM to Php 319 MM. PERC is engaged in petroleum production through the Etame consortium in Gabon, West Africa and in renewable energy (RE) in the Philippines through its subsidiary PetroGreen Energy Corporation (PGEC) that owns and runs RE power stations utilizing geothermal, wind, and solar energy.

PetroSolar Corporation (PSC) was elevated to the Hall of Fame of PEZA Awards for winning the Outstanding Community Project Award for three consecutive years from 2017 to 2019. The awarding ceremony was held on December 10, 2020 in Pasay City. PEZA cited the efforts of PSC in strengthening relationship with its partner communities, a total of 11 barangays in Hacienda Luisita, Tarlac City. PGEC Environmental and Community Relations Manager, Yrel V. Ventura, explains that PSC’s efforts focused on systematic approach to health, education, and livelihood programs, with the goal of building progressive and peaceful communities.

PetroEnergy Resources Corporaton (PERC) and its subsidiaries - PetroGreen Energy Corporation (PGEC), Maibarara Geothermal Inc. (MGI), PetroWind Energy Inc. (PWEI), and PetroSolar Corporation (PSC), proudly share these honor and recognition with its principals, shareholders, public and private partners, employees, host local government units and communities, and all its stakeholders.