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Maibarara power plant all set for $25-M expansion

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The 20-megawatt (MW) Maibarara integrated geothermal power facility that started commercial operations early this year would soon be expanded to the tune of $25 million to address the surge in demand for energy.

Posted: July 28th, 2014 in Headlines | Read More »

PetroEnergy sets up ‘clean’ energy unit

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Publicly listed PetroEnergy Resources Corp. has put up a wholly-owned subsidiary that will undertake its planned renewable energy projects.

Posted: March 7th, 2013 in Headlines | Read More »

Philex-led group wins Palawan oil contract

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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.

Posted: February 15th, 2013 in Headlines | Read More »

Trans-Asia, PetroEnergy pursue Leyte oil project

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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.

Posted: December 21st, 2012 in Headlines | Read More »

Trans-Asia, PetroEnergy pursue Leyte oil project

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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.

Posted: December 21st, 2012 in Headlines | Read More »

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