Surigao Del Sur Rep. Johnny Pimentel recently revealed that prospective buyers of the 45% stake of Shell Exploration B.V. (SPEx) in the Malampaya gas-to-power project are mainly interested in its 504-kilometer subsea...
A year after getting the green light from the government, Texas-based Excelerate Energy L.P. is about to begin construction for the country’s first open access liquefied natural gas (LNG) import terminal in Batangas....
San Miguel Corporation (SMC) looks forward to build more liquified natural gas (LNG) power plants with a total capacity of over 5,000 megawatts (MW) in the coming years, its President and CEO Ramon...
Businessman Manny V. Pangilinan has confirmed that he is keen on buying Shell’s 45% stake in the Malampaya gas-to-power project. Pangilinan said his group has been in talks with US investment bank...
Following the lifting of the oil exploration moratorium in the West Philippine Sea, the Philippine National Oil Company – Exploration Corporation (PNOC-EC) is looking to start drilling operations near the Malampaya gas...
Two congressmen who survived COVID-19 have filed a bill that aims to allot part of the Malampaya funds, as well as other public-private partnerships (PPP) to improve the quality of the country’s...
With its critical role in the country’s security, Sen. Sherwin Gatchalian, Sen. Panfilo Lacson, and Senate President Vicente Sotto III, are seeking a probe into the depleting supply of the Malampaya gas...
The share price of PXP Energy Corporation at the Philippine Stock Exchange went up 125% in two consecutive trading days on the heels of President Rodrigo Duterte’s lifting of the oil exploration...
Given the Malampaya gas field’s depleting resources, the Senate energy committee is filing a measure that seeks to repurpose the investment function of state-owned Philippine National Oil Company (PNOC), so it can...
With the impending depletion of the Malampaya gas field’s reserves and amid warming relations between the Philippine and Chinese governments, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation to...
