Citing the steady decline in the Malampaya gas field’s reserves and lack of investments in exploration, global market research firm Fitch Solutions issued a “bleak”..
Tag Archives: West Philippine Sea
The Department of Energy (DOE) said it will implement the 60-40 ownership rule in joint explorations with China in the West Philippines Sea (WPS). Energy..
The Department of Energy (DOE) said it is looking to have at least five petroleum wells drilled within the West Philippine Sea (WPS) The department..
Businessman Manny V. Pangilinan, who leads the Service Contract (SC) 72 consortium, said he needs a technical partner to proceed with the exploration of the..
Amid ensuing tensions between the Philippines and China over the West Philippine Sea (WPS), the National Power Corporation (NAPOCOR) began operating its 300-kilowatt (kW) Kalayaan..
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..
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..