Gas field operator Prime Energy Resources Development B.V. (Prime Energy) has announced the award of a contract to US firm subsidiary One Subsea of the Schlumberger group, for the supply of equipment for phase 4 drilling in the extended Malampaya project. The supply of equipment, according to the...
Razon-led Prime Energy is sorting out ‘rigorous routine maintenance inspections’ and plant shutdowns at the Malampaya facility as a preparatory step for planned fresh round of exploration and drilling activities for the extended production life cycle of the gas field. “For a facility with...
Construction of Metro Manila Subway Project Phase 1 is well underway, aiming to bring significant improvements to transportation in the metro by 2029. With a budget of P488.5 billion, the underground mass transport system is expected to cut travel time from Valenzuela to Ninoy Aquino International...
Once operational, the Metro Manila Subway will not only enhance comfort and speed but also generate approximately P2.5 billion in daily economic benefits, the Department of Finance (DOF) said. In a briefing on Monday, Feb. 26, Finance Secretary Ralph G. Recto said the direct economic benefits,...
The Japan International Cooperation Agency (JICA) will lend another loan tranche of P55.7 billion for the construction of the Metro Manila subway by March this year, according to the Department of Finance (DOF). The subway project, which is set to be completed by 2029, is currently supported by the...
The Department of Science and Technology-Forest Products Research and Development Institute (DOST-FPRDI) showcased the latest advancements in wood and non-wood forest technologies, one of which is the “Silyang Pinoy.” Sample of e-bamboo (Photo from DOST) The Silyang Pinoy, an environmentally...
Gas supply from the Malampaya field has resumed and started feeding to the gas plants on Friday (February 23), , as affirmed by the gas-offtakers (buyers) and the Department of Energy (DOE). The four-day zero gas production from February 19-23 had earlier prompted full shift to liquefied natural...
The Department of Energy (DOE) and Ministry of Environment, Natural Resources and Energy (MENRE) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) are advancing on their ‘courting stage’ for capital flow on energy projects that shall be installed in the region. On top of that, the...
President Marcos has directed the Department of National Defense (DND) to ensure that there will be zero to minimal casualties during operations by the Armed Forces of the Philippines (AFP) against enemies of the State. Defense Secretary Gilberto Teodoro Jr. bared this as he commended the...
Quezon City 4th district Rep. Marvin Rillo (Facebook) The Department of Health (DOH) should upgrade the bed capacities of its public drug rehabilitation centers as a way to address the country’s illegal drug problem, according to Quezon City 4th district Rep....
The Department of Education’s (DepEd) employees’ union on Sunday, Feb. 25, vowed to continue working to improve the country's educational system. (Photo from DepEd NEU) In a statement, the DepEd-National Employees’ Union (DepEd-NEU) acknowledged the “harmonious synergy” between the...
The Department of Finance (DOF) onboarded a new talent from the Sy-led China Banking Corp. to lead the unit responsible for analyzing emerging economic issues and developments. Domini S. Velasquez, the former chief economist of Chinabank, is set to join the DOF this week to head the Office of the...