May 6, 2021

Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]
October 16, 2020

PHL hastening LNG development

By Lenie Lectura – October 15, 2020 from Business Mirror United States-based New Fortress Energy LLC (NFE) and state firm Philippine National Oil Co. (PNOC) will jointly explore opportunities in the liquefied natural gas (LNG) sector. They announced Thursday a […]
May 19, 2020

PNOC-EC acquires 10% in Uy’s acquisition of Malampaya stake

By Myrna M. Velasco – May 18, 2020, 10:00 PM from Manila Bulletin State-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) has firmed up its deal with businessman Dennis Uy’s UC Malampaya Philippines Pte. Ltd. to acquire 10 percent of the […]