Basic Energy Corporation is a publicly listed holding company in the Philippines, with business interests in various fields of renewable energy and alternative fuels, and oil and gas exploration and development.
50 years since the company was established, Basic Energy has undergone a dramatic transformation from an operating company into a holding company. Aligned with its primary purpose of developing alternative and renewable energy sources, the company changed its corporate name to Basic Energy Corporation from Basic Petroleum Corporation in 2007.
Basic Energy continues to fuel the Philippines’ vibrant energy sector with the breadth and depth of its projects and technical knowledge. The Company aims to be the leading developer of alternative and renewable energy, oil and allied products and services in the country.
BASIC Energy Corp. plans to set up a wind farm in Luzon in partnership with a foreign entity, said its top official, who described the proposal to be in the initial stage although a letter of interest has been submitted to the Energy department. “Ang (The) estimation is anywhere from 40 to 50 megawatts (MW),”…read more
Annual Stockholders’ Meeting 2019 Date: October 23, 2019 Time: 3:00 p.m. Venue: Dusit Thani Hotel, Arnaiz Avenue Makati City Agenda: 1. Call to Order2. Certification of Due Notice and Existence of Quorum3. Approval of minutes of the Annual Stockholders Meeting Held on June 27, 20184. Presentation of the 2018 Annual Report5. Presentation of the 2018…read more