Petroenergy Resources Corporation
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    Petroenergy Resources Corporation
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    Company Profile

    Company overview

    Industry

    Electricity, Gas & Water Services

    Company size

    51-100

    Primary location

    ADB Avenue, Pasig City, Philippines
    Company OverviewMaibarara Geothermal, Inc. (MGI), a company devoted to geothermal power generation. MGI owns and develops the 20 MW Maibarara Geothermal Power Project in Sto. Tomas, Batangas. PGEC has 65% equity in MGI, while Trans-Asia Oil and Energy Development Corporation (PHINMA Group) and PNOC Renewables Corporation (100% subsidiary of government owned and controlled Philippine National Oil Company) have 25% and 10% equity interests, respectively.

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