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PetroEnergy Resources Corporation (PERC) is a publicly-listed Philippine energy company that holds a diversified business portfolio in upstream oil exploration, renewable energy development, and power generation.

Recent News

MGI Completes Critical WESM and Grid Connection Requirements for 12 MW Maibarara-2

December 12, 2017
Maibarara Geothermal Inc. (MGI) secured approval on December 7, 2017 from the Philippine Electricity Market Corp. (PEMC) of the registration of its 12 MW Maibarara-2 geothermal project as a Wholesale Electricity Spot Market (WESM) participating generation facility.

PetroEnergy Unit Reaches 1 Billion kWh RE Generation Milestone

December 05, 2017
PetroGreen Energy Corp. (PGEC), the renewable energy (RE) holding unit of publicly-listed PetroEnergy Resources Corp. (PERC) reached the 1 billion generation mark on December 2, 2017. PGEC’s power production comes from three renewable energy plants – the 20MW Maibarara-1 geothermal plant in Sto Tomas, Batangas, the 36 MW Nabas-1 wind project in Aklan, and the 50MWDC Tarlac-1 solar facility in Tarlac City.

PetroEnergy 3Q 2017 net income increased by 103%

November 10, 2017
Publicly listed energy company, PetroEnergy Resources Corporation (PERC) posted a 103% increase in its total consolidated income amounting to $7.71 MM as of September 30, 2017 compared to $3.81 MM during the same period in 2016.

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