The Malampaya gas production facility yielded a total of $11.9 billion (around Php573 billion) in revenues with the national government receiving the bulk worth Php325..
Tag Archives: gas exploration
Government-run PNOC-Exploration Corporation (PNOC-EC) said it is unlikely to begin its first oil-drilling activities within the remaining days of the Duterte administration even with the..
PXP Energy Corporation has cut its core net loss by 66.9% to Php5.6 million in the first quarter of the year from Php16.9 million in..
The Department of Energy (DOE) said it stands firmly behind any of Pres. Rodrigo Duterte’s decisions and actions regarding the assertion of the exclusive licensing..
ACE Enexor, Inc. (ACEX), the exploration unit of Ayala-led AC Energy, is planning to drill an exploratory well within the Service Contract (SC) 55 block..
Due to the huge impact of the COVID-19 pandemic on the upstream oil industry, the Department of Energy (DOE) is evaluating a request to place..
ACE Enexor Inc. aims to solidify its partnership and drilling plan for Service Contract (SC) 55 off the southwestern coast of Palawan within the first..
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..