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..
Tag Archives: West Philippine Sea
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) said it stands firmly behind any of Pres. Rodrigo Duterte’s decisions and actions regarding the assertion of the exclusive licensing..
ACE Enexor, Inc. (ACEX), the exploration unit of Ayala-led AC Energy, is planning to drill an exploratory well within the Service Contract (SC) 55 block..
Manny V. Pangilinan-led PXP Energy significantly cut its losses last year with plug and abandonment costs reduced while waiting for the government’s go-signal for the..
The share price of PXP Energy Corporation at the Philippine Stock Exchange went up 125% in two consecutive trading days on the heels of President..
Just days after President Rodrigo Duterte lifted the moratorium on oil and gas explorations in the West Philippine Sea (WPS), China says it has made..
Energy Secretary Alfonso Cusi reiterates that Philippine laws will be followed in the service contact (SC) areas that are even within the West Philippine Sea..
With the impending depletion of the Malampaya gas field’s reserves and amid warming relations between the Philippine and Chinese governments, President Rodrigo Duterte has approved..
Business tycoon Manuel Pangilinan is positive that drilling works in the Recto Bank can proceed by next year following the country’s warmer relations with China...