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Razon-led Prime Strategic Holdings Inc. has completed its tender offer for shares of Apex Mining Co. Inc. earlier this week.

Gullas snubs MBC’s call for PNOC to take control of Malampaya gas field

House Asst. Majority Leader and Cebu First District Rep. Eduardo Gullas slammed on Wednesday, Dec. 8 the Makati Business Club (MBC) for calling on the government to take control of the operations of the offshore Malampaya gas field. Malampaya gas field Gullas, chairman of the House Committee on

A LEADER of the House of Representatives on Wednesday rebuffed the call of a business group for the government—through the state-owned Philippine National Oil Co. (PNOC)—to take control of the operations of the aging offshore Malampaya gas field. In a statement, House Assistant Majority Leader Eduardo Gullas said more representative…

MVP still looking for technical partner in SC72 exploration on July 10, 2021 at 10:19 am Businessman Manny V. Pangilinan, who leads the Service Contract (SC) 72 consortium, said he needs a technical partner to proceed with the exploration of the Recto Bank oil and gas field in the West Philippine Sea (WPS). Pangilinan, based on a Philippine Star report, said that talks regarding a possible partnership with Chinese government-owned China National Offshore Oil Corporation (CNOOC) as technical partner, have yet to progress. The consortium already has three partners, but Pangilinan said they nee...