Prime Energy Resources Development B.V. is moving forward with the USD 893-million Malampaya Phase 4 Project, which will drill three new gas wells to extend the life of the country’s largest indigenous...
The Department of Energy (DOE) welcomed the Supreme Court’s decision affirming that the income taxes of private contractors in the Malampaya natural gas project are legally included in the government’s 60% share...
The Department of Energy (DOE) says it has concluded the offshore 3D seismic surveys by Ratio Petroleum Ltd. (Ratio) in the East Palawan Basin under Service Contract (SC) No. 76 and by...
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 75 blocks in the West Philippine Sea...
PNOC-Exploration Corporation (PNOC-EC) is looking at the possibility of buying back Chevron’s shares, as well as acquiring a portion of Shell Philippines Exploration B.V’s (SPEX) stake in the Malampaya gas-to-power project, according...
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. In its “Invitation to Farm-In” posted on...
Shell Philippines Exploration B.V. (SPEX), the current operator of the Malampaya gas-to-power project, said the sale of its 45% stake to Udenna Corporation’s Malampaya Energy XP is still on. Based on a...
(UPDATED) Sen. Sherwin Gatchalian’s privilege speech on the controversial sale of the Malampaya gas-to-power project to Dennis Uy’s Udenna Corporation was moved to Wednedsay, the lawmaker’s office said. Gatchalian, chairman of the...
Senate energy committee chairman Sherwin Gatchalian commended PNOC-Exploration Corporation (PNOC-EC) after revealing during last week’s hearing that it will withhold its consent on the sale of Shell Philippine Exploration B.V.’s (SPEX) stake...
PNOC-Exploration Corporation (PNOC-EC) has withheld its consent on the sale of Shell Philippines Exploration B.V.’s (SPEX) 45% interest in the Malampaya gas-to-power project to Udenna Corporation unit Malampaya Energy XP. At the...
