Surigao del Sur Rep. Johnny Pimentel has called for the Department of Energy (DOE) to assure the “seamless transfer” of Malampaya’s day-to-day gas business amid calls for a probe of Shell Petroleum B.V.’s $460 million operator switch to Udenna Corp. “We are counting on a smooth handover...
Philippine leading oil firm Petron Corp. is negotiating for the renewal of a 10-year supply contract for crude oil that shall be fed and processed at its Port Dickson refinery in Malaysia. According to company documents, Petron is “in negotiation for renewal” of its supply contract for Tapis...
Listed firm Manila Mining Corporation (MMC), an affiliate of Lepanto Consolidated Mining Company, will resume exploration drilling at its mining tenements in Placer, Surigao del Norte, a move that will be funded by planned stock rights offering that targets to raise P519 million. This, according to...
A military general has belied reports that the floating device bearing Chinese markings found by a local fisherman earlier this month off the waters of Infanta, Pangasinan could be used for oil exploration activities. Lt. Gen. Arnulfo Marcelo Burgos Jr. (File photo courtesy of PIA / PA 2ID DPAO /...
Department of Energy (DOE) Spokesperson Felix William Fuentebella believes that the proposed joint exploration for oil and gas between the Philippines and China in the West Philippine Sea (WPS) can still "move forward". DOE Spokesperson Felix William Fuentebella (Screengrab from Facebook live)...
The Philippine government has not yet received any report on spotting a sea vessel engaged in oil exploration in the Scarborough Shoal, Malacañang said Thursday. President Spokesman Harry Roque (File photo/Malacañang) Presidential spokesman Harry Roque said the government would take the...
Authorities are already looking into reports that an alleged oil exploration equipment with Chinese markings on it was found by local fishermen in Pangasinan, a rare sighting which concerned stakeholders feared as a potential proof of China's on-going drilling activities within the country's...
Oil or natural gas that may be discovered within the Philippines exclusive economic zone in the West Philippine sea belong to Filipinos even if found during an oil exploration by China, House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate declared Wednesday, July 21. Natural gas...
The Department of Energy (DOE) has asked oil companies to provide 10 to 20 percent fuel price discount to shipping vessels, primarily those sailing to the West Philippine Sea, for fishing purposes. Department of Energy (DoE) (MANILA BULLETIN) In addition, the department is seeking the support of...
The Philippines and Japan have signed a memorandum of cooperation (MOC) to enhance their partnership in space science and space exploration. Philippine Space Agency (PhilSA) and Japan Aerospace Exploration Agency (JAXA) logos In a virtual ceremony, Philippine Space Agency (PhilSA) Director-General...
The mining industry is still enjoying a continuous string of goods news as the Philippine government gives in to a years-long clamor by mining companies to allow the automatic renewal of the exploration period in the country. This means that a mining company exploring minerals in an area no longer...
The recurring gas production restriction from the Malampaya field will de-rate anew the electricity generation of the 1,200-megawatt Ilijan gas-fired power facility in Batangas, one of the biggest power plants in the country. In an advisory sent by state-run National Power Corporation to plant...
