February 15, 2023

Malampaya license extension now under review by Malacanang

By Myrna M. Velasco – February 14, 2023, 3:31 PM from Manila Bulletin The 15-year license extension of the Malampaya gas field project being sought by Prime Energy of the Razon group is now under review by the Office of […]
February 9, 2023

Prime Energy eyes new Malampaya gas output

By Myrna M. Velasco – February 8, 2023, 2:25 PM from Manila Bulletin Malampaya gas field operator Prime Energy, a subsidiary of Razon-led Prime Infrastructure Capital Inc., is eyeing to extract fresh volume of additional gas by 2026 if the […]
October 20, 2022

PNOC-EC to spend over P10 B for exploration ventures

By Myrna M. Velasco – October 19, 2022, 2:07 PM from Manila Bulletin State-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) has earmarked over P10 billion worth of capital outlay to advance its oil and gas exploration and production (E&P) ventures, […]
October 5, 2022

DOE approves Razon’s acquisition of Malampaya operating stake

By Myrna M. Velasco – October 3, 2022, 2:48 PM from Manila Bulletin The Department of Energy (DOE) has approved the acquisition of the 45 percent operating equity in the Malampaya gas project by Razon-led Prime Exploration Pte. Ltd. for […]