Manny V. Pangilinan-led PXP Energy significantly cut its losses last year with plug and abandonment costs reduced while waiting for the government’s go-signal for the..
Tag Archives: oil exploration
The Malampaya gas field’s output took a hit from the economic slowdown caused by the COVID-19 pandemic, as it produced 107.902 billion standard cubic feet..
ACE Enexor, Inc., the exploration arm of Ayala-led AC Energy, has moved to leave the joint venture handling Service Contract (SC) 6 off the coast..
State-owned PNOC-Exploration Corporation (PNOC-EC) revived its interest to explore the Liguasan Marsh’s oil and gas potential. PNOC-EC President and CEO Rozzano Briguez said at the..
The stock price of Ramos family-run The Philodrill Corporation took a huge jump at the Philippine Stock Exchange (PSE) on Tuesday following its takeover of..
The Department of Energy (DOE) is beefing up efforts to attract Php10 trillion in new energy projects under the updated Philippine Energy Plan. Michael Sinocruz, chief..
The Department of Energy (DOE) has received a total of 14 applications for exploration activities for oil and gas throughout the country. Speaking at the..
State-run PNOC Exploration Corporation (PNOC-EC) emphasized the importance of a well-crafted study of the Philippines’ 16 sedimentary basins to make these marketable for prospective investors...
Ayala exploration arm ACE Enexor Inc. is in search of a deep-pocketed and technically experienced partner for its planned exploration venture off the northwestern coast..
Energy Sec. Alfonso Cusi reiterated his call for joint exploration activities between the Philippines and its neighboring members of the Association of Southeast Asian Nations..