August 24, 2024

DOE proposes perks to boost oil exploration

By Alena Mae S. Flores – August 23, 2024, 8:35 pm from manilastandard.net The Department of Energy (DOE) will propose incentives for upstream activities to spur investor interest in oil and gas exploration in the Philippines. “We need to revitalize […]
August 23, 2024

Malampaya consortium Oks $180M deal to connect wells

By Lenie Lectura – August 23, 2024 from Business Mirror THE Malampaya consortium led by Prime Energy Resources Development BV (Prime Energy) said late Thursday it has awarded a contract valued at $180 million to Allseas Nederland (Brasil) B.V. for […]
August 23, 2024

Gov’t set to award new petroleum, hydrogen service contracts

By Alena Mae S. Flores – August 22, 2024, 8:50 pm from manilastandard.net The Department of Energy (DOE) said it expects strong investor interest in the bidding for petroleum and hydrogen service contracts in Palawan, Visayas, Luzon and the Bangsamoro […]
August 23, 2024

MGreen signs deal to take 50% stake in Bugallon solar project

By Alena Mae S. Flores – August 22, 2024, 8:15 pm from manilastandard.net MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), signed an investment agreement with Vena Energy (Vena) to jointly develop, construct and […]