July 29, 2019

PNOC, China state firm ink MOU to pursue LNG projects

By Lenie Lectura – July 29, 2019 from Business Mirror THE Philippine National Oil Co. (PNOC) and the China Petroleum Pipeline Engineering Co. Ltd. (CPP) will partner to look for opportunities in the LNG (liquefied natural gas) sector. Both signed a […]
July 29, 2019

PERC’s RE unit setting aside P2.7B for PetroGreen’s solar, wind portfolio

By Lenie Lectura – July 29, 2019 from Business Mirror THE renewable-energy (RE) unit of PetroEnergy Resources Corp. (PERC) is allotting as much as P2.7 billion to expand the solar and wind portfolio of PetroGreen Energy Corp. PetroGreen Vice President […]
July 29, 2019

PXP Energy firming up $6-B investment for Recto Bank gas prospect

By Myrna M. Velasco – July 27, 2019 from Manila Bulletin PXP Energy Corporation is firming up to US$6.0 billion worth of investments from the time it is finally allowed to resume exploration activities at the Recto Bank and that […]
July 27, 2019

Phinma Energy relinquishes stake in Mabini Geothermal

By Danessa Rivera – July 27, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Phinma Energy Corp. is relinquishing its participating stake in the Mabini Geothermal Service Contract (GSC) to its partner Basic Energy Corp. (BEC), a year […]