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1Bataan > energy sector
08
May

Petron Q1 profit drops amid Middle East tensions

  • Mhike Cigaral / 2 weeks
  • 0
  • 1 min read

Petron Corporation, the country’s largest oil firm and only remaining refiner, posted a net income of P1.8 billion for the first quarter of 2026, marking a sharp 56% decline compared to the same period last year.   The company attributed the drop in earnings primarily to reduced refinery production, which significantly impacted its overall output […]

From scholars to engineers
06
May

From scholars to engineers

  • Mhike Cigaral / 3 weeks
  • 0
  • 2 min read

Hard work and determination have paid off for three engineering scholars who successfully passed the 2026 Electrical Engineering Licensure Examination, marking a major milestone in their academic and professional journey. Supported by the Petron Corporation scholarship program, the newly licensed engineers embody the success of industry-backed education initiatives. Among those who made it are Engr. […]

Limay eyes discounted fuel rate
10
Apr

Limay eyes discounted fuel rate

  • Greg Refraccion / 1 month
  • 0
  • 1 min read

Municipal Mayor Richie Jason David said he would ask the Sangguniang Bayan (municipal council) if it could pass a resolution asking for discounted price of fuel for local residents. In an interview, David said since Limay town has been host to Petron Bataan Refinery (PBR), the country’s only refinery plant, and other industrial plants dealing […]

AEV Holds ground in 2025 as power, banking, and food units drive earnings
09
Mar

AEV Holds ground in 2025 as power, banking, and food units drive earnings

  • Mhike Cigaral / 3 months
  • 0
  • 1 min read

Aboitiz Equity Ventures Inc. (AEV) reported a consolidated core net income of P25.5 billion for the year 2025, maintaining the same level recorded in 2024 as strong performances from its power, banking, and food businesses helped offset several one-time charges. In a statement released Thursday, the diversified conglomerate said its reported net income reached P18.3 […]

20
Jan

Provincial government honors GMEC, GNPD for boosting Bataan revenues

  • Butch Gunio / 4 months
  • 0
  • 2 min read

The Provincial Government of Bataan recognized leading taxpayers for strengthening provincial revenues and sustaining essential public services during the recent 269th Bataan Foundation Day celebrations.   Among the awardees were AboitizPower’s GNPower Mariveles Energy Center Ltd. Co. (GMEC) and GNPower Dinginin Ltd. Co. (GNPD), both major power-generating facilities in Mariveles, which were cited for their […]