The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. ..
Tag Archives: PNOC
Newly-installed Philippine National Oil Company (PNOC) President and CEO Jesus Cristino Posadas said he will tap the private sector to pursue the government-owned oil firm’s..
The Department of Energy (DOE) met with downstream oil industry players on Friday to come up with a collective strategy to ensure that there’s enough..
The government is concerned that oil prices may be hitting $100 per barrel soon, but says it’s “ready,” according to Finance Sec. Carlos Dominguez III...
The Philippine National Oil Company (PNOC) said on Friday it sold a part of the banked gas from the Malampaya gas field to undisclosed buyers..
House Assistant Majority Leader and Cebu Rep. Eduardo Gullas criticized the Makati Business Club (MBC) for calling on the government to take control of the..
Sen. Sherwin Gatchalian said the Senate may request the Commission on Audit (COA) to do a full “fraud audit” on the Department of Energy (DOE)..
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to..
Udenna Corporation of Davao-based tycoon Dennis Uy has broken its silence defend its acquisitions of Chevron’s and Shell Philippines Exploration B.V.’s (SPEX) combined 90% stake..
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price..