MGI & UPLB Ink Watershed Protection MOU
March 6, 2012
Maibarara Geothermal, Inc. (MGI) signed on March 1, 2012 a Memorandum of Understanding (MOU) with the University of the Philippines Los Baños (UPLB) for the proper and effective watershed management in the Maibarara service contract area centered in Sto. Tomas, Batangas. MGI is developing an integrated 20 MW steamfield and power plant facility in the… Read More
PetroEnergy’s 50-MW wind farm in Aklan found technically viable
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
DOE Confirms Maibarara as RP’s First Commercial Renewable Energy Project
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
PERC Bags Silver Award in Corporate Governance
October 17, 2011
PetroEnergy Resources Corporation (PERC) obtained a Silver Award in the 2010 Corporate Governance Scorecard for Publicly Listed Companies (the “CG Scorecard”) given by the Institute of Corporate Directors (ICD), during the 8th Annual Dinner of the ICD held at the Manila Peninsula in Makati City on May 25, 2011. PERC is one of the thirty six (36) top scoring… Read More
PERC in DOE’s 4th PECR Launching
October 16, 2011
Last June 30, 2011, the Department of Energy (DOE) officially launched its 4th Philippine Energy Contracting Round (PECR) at Hotel Intercontinental Manila, Makati City. As one of the event’s sponsor, PetroEnergy participated in the exhibit showcasing various projects, services, and products from different industry players. Prior to the official launching, PetroEnergy also participated in PECR roadshows held in Singapore and Edsa Shangrila, Makati. Read More »
PetroEnergy turned-over Handbooks to High Schools in Laguna & Batangas
October 5, 2011
Last September 21, 2011, PetroEnergy Resources Corporation, in cooperation with Malayan Colleges of Laguna, and ABS-CBN Foundation’s E-Media group, has officially turned over the PetroEnergy’s High School Handbook: Refreshing and Insightful Views on Physics, Chemistry and Mathematics, to almost 120 public schools in Laguna and Batangas. The Handbook project forms part of the company’s… Read More