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Power crisis seen looming if China continues to block PHL exploration

Power crisis seen looming if China continues to block PHL exploration
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[Vantage Point] Xi's flotilla blocks energy development in South China Sea

Securing the Philippines' EEZ is not only for the country’s around 2.3 million local fisherfolk. It is also about attaining energy independence. ....

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Malampaya gas field seen providing energy security and economic growth for the Philippines

The Malampaya gas field, a discovery made in deep water that established Palawan as an oil and gas frontier, may yet provide the country with the much-sought energy security that could boost the country’s economic potential. This welcome development arose from the move of Prime Energy, operator of Service Contract… ....

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Gov't budget deficit rises 26.5% to P76.7B

The country’s budget deficit rose by 26.56 percent to P76.7 billion as of February due to higher expenditures by the national government, data from the Bureau o ....

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Philippine group lambasts Razon's Prime Energy | News

(National Youth Movement for the West Philippine Sea) — Prime Energy Resources Development B.V., in a news release on May 30, 2023, praised itself for signing an agreement with the ....

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