Tag page - ACE Enexor

ACE Enexor Inc., the oil and gas company of the Ayala group, has cemented a joint venture agreement with US firm Red Holdings B.V., a subsidiary of Gen X Energy for the development of a 1,100-megawatt combined cycle gas-fired power project. In a disclosure to the Philippine Stock Exchange (PSE) on...

Ayala-led upstream petroleum company ACE Enexor Inc. is seeking the Department of Energy’s (DOE) imprimatur on the declaration of a “one-year force majeure period” to provide leeway for the unforeseen delays in the company’s oil and gas drilling timetable. During the company’s annual...

The Ayala-owned ACE Enexor Inc., an upstream oil and gas investment subsidiary, has announced its formal withdrawal from Service Contract (SC) 6, which is a petroleum exploration block in Northwest Palawan.              A disclosure to the...

Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan. ACE Enexor Chairman and CEO Eric T. Francia “We’re beginning to...