PetroEnergy gets BOI perks for geothermal power project

By Donnabelle L. Gatdula | December 21, 2010 - 12:00am

PetroEnergy Resourcs Corp. (PERC) has received the package of tax incentives from the Board of Investments as a new renewable energy developer, the company said in a statement.

PetroEnergy posts $1.86-M profit as of September

By Donnabelle L. Gatdula | November 17, 2010 - 12:00am

PetroEnergy Resources Corp. reported a net profit of $1.856 million as of September surpassing the $1.578 million recorded in the same period last year.

New firm to build P2.8-billion steamfield facility in Laguna

By Zinnia B. Dela Peña | August 19, 2010 - 12:00am

The Securities and Exchange Commission has approved the incorporation of Maibarara Geothermal Inc. (MGI), which will build an integrated steamfield and power plant estimated to cost around P2.8 billion.

PetroEnergy to pursue geothermal plant project

By Donnabelle L. Gatdula | August 12, 2010 - 12:00am

Publicly-listed PetroEnergy Resources Corp. (PERC) will push through with its 40-megawatt (MW) Maibarara geothermal power project following an environmental compliance certificate from the Department of Environment...

3 renewable energy firms team up for Makiling geothermal project

By Donnabelle L. Gatdula | May 17, 2010 - 12:00am

Three leading renewable energy developers are set to sign a joint venture agreement for a geothermal project in Mt. Makiling in Laguna.

Petroenergy plans stock rights offering to finance RE project

By Donnabelle L. Gatdula | February 25, 2010 - 12:00am

Oil exploration firm Petroenergy Resources Corp. will undertake a stock rights offering to raise funds for its entry into renewable energy.