Oil explorations in the West Philippine Sea (WPS) will no longer be resumed under the Duterte Administration to not “cause problems” with China, Defense Sec...
Tag Archives: oil exploration
The Department of Energy (DOE) has asked the Cabinet’s Security, Justice, and Peace Coordinating Cluster (SJPCC) to immediately allow the resumption of oil exploration activities..
After securing Service Contract (SC) 77, SK Liguasan Oil and Gas Corporation (SKLOGC) is targeting to acquire two rigs to begin drilling inside the Cotabato..
The Department of Energy (DOE) has ordered PXP Energy Corporation to put on hold its exploration activities, particularly for its Service Contract (SC) 72 and..
The Department of Energy (DOE) has issued a petroleum service contract to SK Liguasan Oil and Gas Corporation (SKLOGC) to develop the Cotabato Basin, which..
The local government unit (LGU) of Alegria, Cebu is looking to make use of its natural gas reserves to fuel a 50-megawatt (MW) power plant..
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure..
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the..
Government-owned PNOC-Exploration Corporation (PNOC-EC) is in search of joint venture partners for an oil and gas exploration venture off the Calamian Islands in northern Palawan...
Ayala-led ACEN is set to swap some of its assets for shares in exploration unit ACE Enexor, Inc. in a deed of assignment that the..