Edgar Benedict News Today

Australian firm VGS & Associates Pty. Ltd. will be providing third party technical support and expertise for the continued operations of the Malampaya gas field project, primarily on the turnover of the facility to new operator Prime Exploration Pte. Ltd. which is owned by billionaire Enrique Ra

Malacanang has given advance notice to investors and well-entrenched players in the upstream oil and gas sector that it will be issuing policy directive on the requested re-submission of petroleum service contracts (PSCs) so President Ferdinand Marcos Jr. can sign these contracts. Newly design

The Department of Energy (DOE) has tapped technical and financial advisers that will clear the way for the sale of the operating stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya asset to Prime Exploration Pte. Ltd., which is owned by billionaire Enrique Razon. Tapped as Chai

Energy Secretary Raphael Lotilla on Wednesday said the Philippine National Oil Company Exploration Corp.’s (PNOC-EC) review of Razon-led Prime Infrastructure’s planned purchase of an operating stake in the Malampaya natural gas-to-power project is on track.