Petron announced recently that they will start selling their “Petron Pinoy Gasoline” which seeks to offer cheaper gasoline for public utility vehicles, small boats and farm equipment. It is priced P3 cheaper price compared to the usual gasoline that they sell at the pumps. According to Petron, it is their response to the request of the transport groups and other sectors for cheaper priced gasoline.
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PetroEnergy Resources Corp. (PERC) announced that it was pushing through with its 40MW Maibarara geothermal project after an ECC was issued by the Department of Environment and Natural Resources (DENR). Maibarara is located at Calamba, Laguna and Sto. Tomas, Batangas.

PERC is expecting to commission the first 20 MW integrated steamfield and power plant by late 2013. PERC will develop the said geothermal project together with Trans-Asia Oil and Energy Development Corp. and PNOC – Renewables Corp.
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