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Trans-Asia Oil and Energy Development Corp., the power generation company of the Phinma Group, reported a higher net income in the nine months to September on the back of strong electricity sales.

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MAIBARARA GEOTHERMAL

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abtest

Trans-Asia reports 36% surge in 9-mo income to P474 M

By Iris Gonzales | November 7, 2013 - 12:00am

Trans-Asia Oil and Energy Development Corp., the power generation company of the Phinma Group, reported a higher net income...

Business

Petroenergy profit slides 12% in Q3 on lower oil sales

By Neil Jerome Morales | November 15, 2012 - 12:00am

Upstream oil firm Petroenergy Resources Corp. recorded a double-digit drop in its third quarter earnings on the back of lower oil sales.

Business

PetroEnergy posts 16% profit hike to $1.06 M in Q1

By Neil Jerome C. Morales | May 20, 2012 - 12:00am

Upstream oil firm PetroEnergy Resources Corp. said its profit posted a double digit growth in the first quarter due to higher oil prices.

Business

PetroEnergy abandons wind power project

By Donnabelle L. Gatdula | November 9, 2011 - 12:00am

PetroEnergy Resources Corp. (PERC) has decided to abandon its wind energy project in Pangasinan after tests showed the area is not commercially feasible for wind power.

Business

Maibarara taps EEI for 20-MW power project

By Ted P. Torres | September 5, 2011 - 12:00am

Maibarara Geothermal Inc. has tapped EEI Corp., one of the country’s leading construction firms, for the engineering, procurement and construction of the 20-megawatt (MW) Maibarara power facility.

Business

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.

Business