PXP Energy, through its subsidiary Pitkin Petroleum Peru Z-38 SRL, said that it will likely terminate its license contract with Australian partner KEI (Peru Z-38)..
Tag Archives: oil exploration
PXP Energy Corporation is highly optimistic it would secure two service contracts (SCs) in the Sulu Sea and the Recto Bank in the West Philippine..
Amid the continuous firing of diplomatic protests on Chinese incursion in the West Philippine Sea (WPS), four service contracts (SCs) for oil and gas exploration..
Shell said that it has exercised “careful consideration” in deciding to sell its 45% share in the Malampaya gas-to-power project to Dennis Uy’s Udenna Corporation..
PXP Energy, through subsidiary Pitkin Petroleum Z-38 SRL, has launched a case against Australian partner Karoon Gas Australia Limited for breach of its obligation to..
Dennis Uy’s Udenna Corporation now controls the consortium running the Malampaya gas field in Palawan with 90% ownership after it purchased Shell Philippines Exploration B.V...
Energy Sec. Alfonso Cusi asserted the country’s ownership of the West Philippine Sea (WPS) amid the controversy over Pres. Rodrigo Duterte’s his “jet ski” statement..
The Department of Energy (DOE) has approved Palawan55 Exploration & Production Corporation’s request to place its Service Contract (SC) 55 exploration block under Force Majeure..
Amid Pres. Rodrigo Duterte’s pronouncements that he can no longer get back territories claimed by China in the West Philippine Sea (WPS), the Department of..
Yuchengco-led PetroEnergy Resources Corp. (PERC) recorded a growth in its consolidated net income by 21% to Php646 million from Php534 million in 2019, due to..