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MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource: philstar philstarMar 7th, 2024

Leviste firm to invest over P5 billion in Batangas

Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

San Miguel, Meralco, Aboitiz Power to team up on P185-B LNG facility

Three of the country’s wealthiest and most influential players in the power industry will team up to develop an integrated liquefied natural gas power plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Zobels sell remaining MWC holdings to Razon for P14.5-B

Ayala Corp [AC 620.00 ?1.3%; 131% avgVol] [link] disclosed that its subsidiaries, Michigan Holdings and Philwater Holdings, would sell their combined holdings in Manila Water Company [MWC 26.60 ?1.5%; 123% avgVol] to Trident Water Company Holdings (TWC), which is owned by MWC’s current owner, Enrique Razon......»»

Category: financeSource:  philstarRelated News11 hr. 10 min. ago

Roxas Holdings’ net loss triples to P2.2 billion

The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Dominion Holdings Inc.: Notice of Annual Stockholders’ Meeting (Second Publication)

Dominion Holdings Inc. will conduct its annual stockholders' meeting virtually on April 12, 2024, Friday at 3 p.m......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

DMCI Holdings net income down 20% to P24.9B as revenue drops

DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

DMCI Holdings posts 20% profit drop in 2023

Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Cebu Holdings to delist on March 1

The PSE gave notice on Friday that Cebu Holdings would be delisted on March 1......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

8990 Holdings expands buyback limit to P7-B of stock

8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Roxas Holdings suspended for reporting failure

The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty

The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Senate pressed on bill to develop natural gas

Senators are being urged to immediately deliberate on a pending legislation that would put in place state policy for the full development of the Philippine natural gas industry......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Four die from gas poisoning in Nueva Vizcaya

Three persons, believed to be treasure hunters, and a village official died from methane gas poisoning in a tunnel in Purok 3, Barangay Magsaysay Hill in this town on Monday......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Senate urged to act swiftly on bill to develop natural gas

The Senate should take swift action on a proposed legislation that would lay down state policy for the full development of the Philippine natural gas industry as the measure is a legislative priority of President Marcos, according to key members of the House of Representatives......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Taal Volcano back to spewing high-volume of toxic gas

LUCENA CITY, Philippines  – After spewing lower volumes of sulfur dioxide (SO2) for the past five days, Taal Volcano in Batangas province again emitted a high level of toxic gas on Saturday, March 23. A total of 14,287 metric tons (MT) of SO2 from Taal’s main crater was measured over the past 24 hours and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Garcia backs DOE’s oil, gas search proposal in Alegria

Garcia backs DOE’s oil, gas search proposal in Alegria.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Geologists discover evidence of gas hydrates in the Manila Trench

Geologists discover evidence of gas hydrates in the Manila Trench Phys.org.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024