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September 18, 2023
In continuation of its ongoing investigation into the massive oil theft shrinking the country's revenue in the downstream sector, the Adhoc committee of
September 17, 2023
An Adhoc Committee of the House of Representatives has alleged that some arrested ocean vessels involved in massive underhand dealings had the tacit approval of the Nigerian National Petroleum Corporation Limited (NNPCL). The House of Representatives ad hoc committee investigating crude oil theft had insisted on the appearance of the Group Chief Executive Officer of NNPCL and others before the committee.
September 17, 2023
Oil Theft: NNPC, FIRS, NIWA, Others Evade Appearance Before Reps’ Committee
May 18, 2023
Tycoon Enrique Razon defended the renewal of the contract to operate the Malampaya deep water gas-to-power project, saying that it is a critical step toward averting a looming power crisis in the country.
May 15, 2023
“This is the key to our drive to energy security and calculated to advance the nation’s energy interest. This project will reduce our dependence on oil imports while ensuring a stable supply of energy,” Marcos said during the signing ceremony in Malacañang Palace.
May 8, 2023
Real-Time News, Market Data and Stock Quotes For Junior Mining Stocks.
October 16, 2022
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
September 12, 2022
The prospective next operator of the Malampaya project is being required by the Department of Energy (DOE) to submit a four-year work program for ts application with the government for a license extension that would usher in the potential extraction of additional 1.0 trillion cubic feet (TCF) of gas
September 11, 2022
The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed between Shell Petroleum N.V. and Malampaya Energy XP Pte. Ltd. (MEXP) for the government to evaluate what are the rights and obligatio
September 2, 2022
The Department of Energy (DOE) said at a Congressional hearing on Thursday, Sept. 2, that the sale of the 45-percent operating stake of the Malampaya gas field has already been consummated by Shell Philippines Exploration B.V. (SPEX) and Malampaya Energy XP (MEXP), a subsidiary of Udenna Corporation