Page 2 - Pryce Corp News Today

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Publicly-listed Pryce Corp. reported a net income of P1.819 billion last year, up by 12.11 percent from the previous year’s P1.623 billion, on the back of higher revenues. Consolidated revenues stood at P15.372 billion, 31.24 percent higher than the previous year’s P11.713 billion, due to the robust sales of its…

BusinessWorld May 14, 2021 | 7:21 pm THE DEPARTMENT of Energy (DoE) has cleared service contract (SC) 55 consortium’s request to put its offshore west Palawan petroleum block under force majeure for one year, based on disclosures from two firms. In a regulatory filing on Friday, the Ayala Group’s oil and gas exploration unit ACE Enexor, Inc. said its subsidiary Palawan55 Exploration & Production Corp., received DoE’s letter on May 11. Palawan55, which holds majority or 75...

April 4, 2021 | 8:09 pm Font Size AAA INSTITUTIONAL INVESTORS are abandoning fossil fuel companies in favor of renewables, driven in part by the perception of improving renewable energy (RE) returns as technologies improve, according to a study of publicly-traded RE companies in developing markets. According to the study, “Clean Energy Investing: Global Comparison of Investment Returns,” issued by the International Energy Agency and London’s Imperial College Business School Centr...