“Energy security’ is a crescendo that has not come yet for the Philippines despite the years of restructuring and rumbling changes in the power industry – and it was also hardly a stuff for reasoned policy analysis through the years. That then places the country in a catchup mode - not just...
The firms comprising the Malampaya consortium are already preparing for fresh round of ‘capital expenditures call’ to bankroll their committed drilling of 2-3 wells as one of the major conditions in their 15-year contract extension, according to Energy Secretary Raphael P.M. Lotilla. “The...
The targeted mandatory pie for power supply agreements (PSA) anchored on gas-fed power generating facilities will just be confined to gas volumes that will be extracted from the Malampaya field, according to a ranking Department of Energy (DOE) official. Energy Undersecretary Rowena L. Guevara...
State-run Philippine National Oil Company- Exploration Corporation (PNOC-EC) has indicated to Congress that it is preparing for the drilling of two new wells at the Malampaya gas field in 2025. PNOC-EC Manager for Planning and Budget Department Alexis Dela Torre stated that the consortium-members...
Fil-Spaniard John Cabang eclipsed his own national record anew in the men’s 110-meter hurdles at the 2023 Spanish Athletics Championships at the Pista Parc Central in Torrent, Spain over the weekend. *John Cabang posts a new national record in men's 110m hurdles. (File Photo) * Cabang, a bronze...
'Summer Fields,' triptych, 5ft x 12ft, acrylic on canvas, 2023 There are many reasons for someone to cultivate a garden , whether to grow his own food or simply as a hobby, but for Rick Hernandez, it’s more than that. In his sixth solo exhibition titled “A Patch, A Field, A Garden,” the...
West Philippine Sea (Wikipedia) Maintaining Philippine presence in an oil-rich area is another advantage of the Malampaya service deal extension. Thus, said House Deputy Speaker and Batangas 6th district Rep. Ralph Recto, who hailed President Ferdinand "Bongbong" Marcos Jr.'s signing on Monday, May...
President Ferdinand "Bongbong" Marcos Jr. has renewed his administration's commitment to ensuring energy security in the country [as he signed the renewal agreement for the Malampaya Deep Water Gas-to-Power Project](https://mb.com.ph/2023/5/15/marcos-signs-malampaya-sc-renewal-agreement). *President...
Following the 15-year renewal of the Service Contract 38 for the Malampaya project, Razon-led operator firm Prime Energy can already carry out exploration drilling activities beyond the existing production area of the depleting gas field. This developed after President Ferdinand R. Marcos Jr....
President Ferdinand "Bongbong" Marcos Jr. has signed the Renewal Agreement for the Malampaya Service Contract No. 38 (SC 38), allowing the continued production of the Malampaya gas field until Feb. 22, 2039. *President Marcos signs Renewal Agreement for the Malampaya Service Contract No. 38 (SC...
WASHINGTON, D.C.— The Philippines will continue to negotiate with China over its claims on the Malampaya natural gas fields. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of KJ Rosales/PPA Pool) President Ferdinand "Bongbong" Marcos Jr. bared this as he concluded his five-day visit in...
ILAGAN CITY – Armed with longer limbs and greater strides, the band of Filipino-Heritage athletes who found their way back to their roots displayed their class and ruled the running events in the ICTSI Philippine Athletics Championships at the City of Ilagan Sports Complex on Wednesday, March 22....