The Department of Energy (DOE) is eyeing to improve the incentive regime for the upstream petroleum industry with the proposed ‘special allowance’ to be extended to operators in marginal petroleum blocks, as well as new plays and frontier acreages. In a draft DOE Circular, it has been...
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...
Pangilinan-led PXP Energy Corporation has revived talks with a prospective Chinese partner on its targeted oil and gas exploration venture at Recto Bank, a petroleum block deemed to be part of the disputed territory in the West Philippine Sea. PXP Energy Chairman Manuel V. Pangilinan, nevertheless,...
The Department of Energy (DOE) will prioritize the return-to-operation of the 1,200-megawatt Ilijan gas-fired power plant that is currently on shutdown because of fuel lack due to the depleting state of the Malampaya gas field. “We lost 1,200MW of Ilijan, which is powered by natural gas, so this...
The Philippine Petroleum Association (PAP) has asked Energy Secretary-designate Raphael Perpetuo M. Lotilla to finally push for the resumption of oil and gas exploration activities within Philippine basins – an investment domain that practically stalled under the Duterte administration. “It is...
Miss World Philippines Tracy Maureen Perez After a long wait, The Miss World 2021 Coronation Night is finally happening as it pushes through this month after being postponed last December 17 due to the COVID-19 pandemic. Â Â Our Philippine bet Tracy Maureen Perez is ready...
'2gether The Movie' No more #SanaAll this Valentine’s Day! Globe brings #LoveForAll with the much-awaited international release of “2gether The Movie,” a film that perfectly fits the you-complete-me theme this season of love. You don’t need to wait for that special day to enjoy this Thai...
Yuchengco-led PetroEnergy Resources Corporation (PERC) said its nine-month net income increased by 30 percent to P544 million from P417 million in the same period last year. From that scale of profitability, the energy firm’s net income went up by a significant 60 percent to P323 million from the...
Pilipinas Shell Petroleum Corporation announced that its current President and Chief Executive Officer (CEO) Cesar G. Romero will step down by November 30 this year. In a disclosure to the Philippine Stock Exchange (PSE), Pilipinas Shell said Romero will be replaced by Lorelie Q. Osial, who is...
Upstream finally brings "Nobody" to Filipino households for the first time on Sept. 7. Currently boasting an impressive rating of 98 percent Audience Score on Rotten Tomatoes with the critics’ consensus referring to the film as a "viscerally violent thriller that smashes, shatters, and destroys...
A deep-dive with Director Svetlana Cvetko and the cast Lead actors Neyssan Falahi, Cristina Rambaldi, and Mattia Minasi In a richly filmed, sensual, black-and-white Los Angeles, “Show Me What You Got” follows three individuals as they form a wholehearted ménage à trois, finding joy together...
Several award-winning international films are just a few clicks away With our current unfortunate situation, we all need something that will separate us from it, even for just an hour or two. Movies not only tell compelling stories that inspire and move emotions, they also give people a breather...
