Basic Renewables Inc. (BRI), a subsidiary of publicly listed Basic Energy Corp. (BEC), will invest more in the renewable energy (RE) sector to increase the generated capacity of RE facilities to support the growth and deployment of electric vehicles (EVs) in the country. The De Venecia-led Basic
The board of directors of listed firm Basic Energy Corporation has approved the proposed acquisition of up to 60-percent stake in the Villavicencio-led Filoil Energy Company Inc. Filoil is one of the independent players in the deregulated downstream oil sector. It previously entered into a tie-u