PetroEnergy sets up ‘clean’ energy unit
By Amy R. RemoPublicly listed PetroEnergy Resources Corp. has put up a wholly-owned subsidiary that will undertake its planned renewable energy projects.
Publicly listed PetroEnergy Resources Corp. has put up a wholly-owned subsidiary that will undertake its planned renewable energy projects.
A consortium composed of Philex Petroleum Corp., PNOC Exploration Corp. and PetroEnergy Resources Corp. has bagged the contract to explore and develop prospective oil and gas blocks off Northwest Palawan.
THE CONSORTIUM operating Service Contract 51 in San Isidro, Leyte plans to invest roughly $6.7 million (or approximately P274 million) in its drilling program under the fifth exploration subphase.
THE CONSORTIUM operating Service Contract 51 in San Isidro, Leyte plans to invest roughly $6.7 million (or approximately P274 million) in its drilling program under the fifth exploration subphase.
Publicly listed PetroEnergy Resources Corp. intends to start by 2013 initial works on its 50-megawatt Nabas wind power project in Aklan.
Publicly listed listed PetroEnergy Resources Corp. posted a 6.4-percent increase in its net income attributable to parent to $2.27 million in the first nine months of the year, despite posting a decline in revenue.
PetroEnergy Resources Corp. has been granted an environmental compliance certificate (ECC) for its 50-megawatt Nabas wind power project in Aklan.
Danish engineering firm Cowi Inc. has confirmed the technical viability of PetroEnergy Resources Corp.’s planned 50-megawatt wind farm in Nabas, Aklan.
PetroEnergy Resources Corp. has relinquished its wind energy service contract in Sual, Pangasinan, as studies showed that the resources in the area were “insufficient to support commercial operations.”
