Manila Electric Co. (Meralco) customers are set to save nearly ₱5 billion through the end of the year after the country’s largest power distributor secured lower rates under an extended supply contract with the First Gas Sta. Rita plant. Jose Ronald Valles, Meralco head of regulatory affairs,...
President Marcos has conducted an aerial inspection of the Malampaya Phase 4 Project in Puerto Princesa, Palawan. Marcos led the inspection on Thursday, July 23, to personally assess the operations of the vital facility that supplies natural gas to power plants in Luzon. The inspection was part of...
Prime Energy Resources Development NV completed a month-long maintenance shutdown at the Malampaya deep-water gas-to-power project, restoring domestic gas flows and clear-cutting the path for a major field expansion by late next year. In a statement on Friday, July 17, Prime Energy said that gas...
Luzon faces potential power supply strains over the coming weeks as the Department of Energy (DOE) announced a month-long scheduled maintenance shutdown of the Malampaya deepwater gas-to-power project starting Monday, June 15. In a statement released Friday, June 12, the DOE said the maintenance...
The Malampaya Phase 4 (MP4) project is advancing at a steady clip with subsea pipelaying and offshore construction activities now in full swing offshore Palawan, according to Prime Energy Resources Development NV. In a statement on Tuesday, May 5, Prime Energy said that this development follows a...
Prime Energy Resources Development NV is moving to solidify the future of the Philippines’ most critical energy asset by initiating data reviews for a new exploration well that could further extend the lifespan of the Malampaya gas field. In a briefing on Tuesday, April 14, Donnabel Kuizon-Cruz,...
Prime Energy Resources Development NV and its partners are on track to begin gas production from the fourth phase of the Malampaya deep-water gas-to-power project by the final quarter of 2026, following successful drilling results at a key offshore well. The Camago-3 well, located in offshore...
President Marcos on Thursday, March 26, announced a major milestone in the country’s energy sector, saying the successful drilling of the Camago-3 well will help deliver cheaper and more reliable electricity to Filipinos. In a video message, the President said Camago-3 can produce up to 60...
Every new gas find is a hard-won victory for the Philippines—whether it is a fresh discovery or added production. President Marcos’s revelation that Malampaya East-1 (MAE-1) holds an estimated 98 billion cubic feet (BCF) of reserves signals that the country has struck a deeper kind of...
The Armed Forces of the Philippines (AFP) has intensified its monitoring patrols at the Malampaya gas field in Palawan to secure the country’s energy lifeline after the discovery of a new source of natural gas in the area. No less than General Romeo Brawner Jr., AFP Chief of Staff, personally led...
President Marcos has ordered heightened security measures at Malampaya East 1 (MAE-1), directing the Philippine Coast Guard (PCG) to ensure the continuous protection of the newly discovered gas reservoir, seen as vital to the country’s energy security. In a press briefing on Thursday, Jan. 22,...
The Philippine Coast Guard (PCG) assured the public of the swift and strategic deployment of its assets at the Malampaya gas field in Palawan following the discovery of a new source of natural gas in the area. PCG Commandant Adm. Ronnie Gil Gavan ordered the deployment of 97-meter and 44-meter...
