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...
The Philippine National Oil Company (PNOC) has signed a Memorandum of Understanding (MOU) with New York-based New Fortress Energy LLC (NFE) to develop infrastructure to supply reliable, cost-competitive power and natural gas...
Shell Philippines Exploration B.V. (SPEX) is eyeing the sale of its 45% interest in the $4.5 billion Malampaya deep water gas-to-power project. In a report from Reuters, the company said the proposed...
Chevron Corporation is formally seeking ‘right of first refusal’ from energy partners Shell Philippines Exploration B.V. (SPEX) and Philippine National Oil Company-Exploration Corporation (PNOC-EC) following the buyout offer presented by the Udenna...
The Philippine National Oil Company (PNOC) is in initial discussions with foreign firms for the targeted setting up of a “strategic reserve” that will act as the country’s oil reservoir in case...
