Over the course of three decades, our Company has strengthened its position not only as a trailblazer, but also as an effective driving force in the country’s energy industry. Below are 30 Key Milestone of PetroEnergy.
Formation of Petrofields by Benguet Corporation
Listing of Petrofields in Philippine Stock Exchange (PSE)
First successful venture in oil exploration in West Linapacan
First investment overseas through acquisition of Gabon asset
YGC acquires Petrofields from Benguet Corporationt
Company was re-introduced as PetroEnergy Resources Corporation
Gabon Consortium made its first oil discovery
Successful Shares Swap splitting company – PERC for oil exploration & Petrofields for non-oil venture
Petrofields acquisition of
Mapua then to iPeople
First successful commercial crude production
PERC’s shares were listed in PSE by way of introduction
PERC’ venture to Renewable Energy with formation of PetroGreen
PERC launched We Power HELP CSR Banner to strengthen community relations
Start of Power Operations with first RE - geothermal (MGPP-1)
Commercial operation of first wind power venture (NWPP-1)
Venture to solar energy operations (TSPP-1)
4th RE facility commissioned (MGPP-2)
Putting Forward our Sustainability Agenda – first Sustainability Reporting
Commercialization of first merchant plant (TSPP-2)
Entry into retail electricity market
Company resiliency during global health crisis (Surviving disruptions)
First solar rooftop project – 140.8 kWp ETY solar
PetroGreen welcomes international partners – Kyuden International Corp. & Copenhagen Energy
Embarking on offshore wind energy with 4GW projects in PH
Increasing RE footprint with consolidation of RE assets
Entry to Mindanao with solar rooftop project – 360kWp MMCM
Operations of 6th RE facility (NWPP-2)
Expanding solar footprint with the creation of RGEC and SPVs and four (4) solar projects in Luzon and Visayas
PGEC and RGEC welcome new partner - one of Japan’s top companies, TAISEI
First solar power project in Bohol – with 27MW DSPP
From 7 staff to now almost 200-strong workforce of diverse, dedicated, and highlyskilled professionals and employees
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