The remaining gas from the Malampaya Gas Field could have been used as a stabilizing source of supply to mitigate price volatility in the gas market, rather than allowing a change of...
Prime Infrastructure Capital Inc. is looking to secure a contract extension for the Malampaya gas-to-power project as it assumes full ownership of the gas field’s operator. The Enrique Razon-led company recently completed...
Shell Petroleum N.V has completed the sale of its shares in Shell Philippines Exploration B.V (SPEX), the operator of the Malampaya Gas project, to Prime Infrastructure Capital Inc. The sale completion transfers...
Some of the country’s gas plants are set to shift to imported liquefied natural gas (LNG) next year, which could lead to higher power rates amid uncertainties in global gas markets, the...
The Philippine National Oil Company – Exploration Corp. (PNOC-EC) is looking to spend Php 10 billion to accelerate its oil and gas exploration and production ventures, including coal mining prospects in Mindanao. ...
Australian-based VGS & Associates Pty. Ltd is set to provide technical support and expertise as the Malampaya gas field project continues operations with new facility operator Prime Exploration Pte. Ltd. In a...
The Department of Energy (DOE) has approved the sale of Shell’s 45% interest in the Malampaya gas-to-power project to Enrique Razon-led Prime Infrastructure Capital Inc. (Prime Infra). “As a result of the...
Australian energy firm Sacgasco Ltd., operating as Nido Petroleum in the Philippines, targets new offshore oil developments in the Palawan Basin, the Department of Trade and Industry (DTI) announced. DTI said that...
Should regulators decide to amend the power supply agreements (PSA) between Manila Electric Co. (MERALCO) and the power units of San Miguel Corporation, ACEN Corporation said that its PSAs with the distribution...
The next possible operator of the Malampaya gas-to-power project is asked to submit a four-year work program for its license extension application that could lead to a potential extraction of one trillion...
