State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
State-run Philippine National Oil Company (PNOC) has signed a deal with Indonesian oil and natural gas firm PT Pertamina to collaborate on liquefied natural gas (LNG) partnerships and other initiatives in the energy sector. During the Norway-Philippines LNG Summit 2024, Oliver Butalid, PNOC...
State-run Philippine National Oil Company (PNOC) plans to install solar photovoltaic (PV) systems in select government offices, aligning with the government's push for energy efficiency and conservation. During a Senate budget hearing on Tuesday, Oct. 15, Arnel Corona, budget manager of PNOC...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
State-run Philippine National Oil Company (PNOC) will reinforce its initiative for solar rooftop installations at the buildings of the National Economic and Development Authority (NEDA) in Region IV-A areas. The planned deployment of solar photovoltaics (PVs) in the NEDA facilities was cemented...
State-run Philippine National Oil Company (PNOC) is seeking the allocation of P6.02 billion supplemental budget so it can have ready financial capacity to cough up investment in case one of the consortium-members in the Malampaya gas field project would face snags in its capital contribution to the...
The newly collected data from the completed seismic surveys of Israeli firm Ratio Petroleum and state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) will enable a comprehensive assessment of the actual reserves’ potential for oil and gas at their service contracts in the...
State-run firms Philippine National Oil Company (PNOC) and the National Power Corporation (NPC) have inked a memorandum of understanding (MOU) that will cement their collaboration on setting up a pilot project for the rollout of hybrid systems leaning on solar and wind farms in energizing off-grid...
Pangilinan-led PXP Energy Corporation has formally secured the approval of the Department of Energy (DOE) for the relinquishment of its interest in a petroleum block in the Northwest Palawan basin that was previously awarded under Service Contract (SC) 74. “The DOE has approved the surrender of...
At least two port facilities that will support the development of offshore wind projects in the country are being proposed for inclusion in the General Appropriations Act (GAA) or the country’s national budget for next year. According to Energy Undersecretary Rowena Cristina L. Guevara, priority...
State-run Philippine National Oil Company (PNOC) has cemented a memorandum of understanding (MOU) with LBP Resources and Development Corporation (LBRDC), a subsidiary of Land Bank, for the rollout of solar rooftop installations at the latter’s economic zone domains. According to PNOC President...
State-run Philippine National Oil Company (PNOC) has inked a preliminary deal with Singapore-based firm Moorfields Capital Pte Ltd for targeted deployment of aquavoltaic technology as one of the innovative solutions for the country’s energy future. The memorandum of understanding (MOU) was firmed...
