PetroEnergy Resources Corporation expected a slightly lower net income for the first half of 2018 as its wind farm in Nabas, Aklan failed to match its performance during the same period last year. In the same period last year, the company reported a 180% increase in its consolidated net income to $6.55 million. The company reports its financial data in dollars for ease in accounting for its overseas oil revenues. Last year’s strong performance was driven by higher income contribution from its renewable energy projects, including the 20-MW Maibarara geothermal power project in Batangas, and the 50-MW solar power project in Tarlac.