Philippines

The Philippine government is to divest its prime energy asset, the 10% interest in the Malampaya gas-to-power project held by the state's upstream unit PNOC-EC.

The government of the Philippines has decided to divest a majority stake in the upstream arm of its national energy company Philippine National Oil Company (PNOC), in an attempt... 2009-12-22

The Philippines government has agreed to lift a controversial fuel price cap amid growing fuel shortages. Imposed in the aftermath of the October typhoons to aid reconstruction, the... 2009-11-13

US major ExxonMobil is preparing to drill its first well offshore the Philippines in a major boost for the country's energy security ambitions. Exxon's entry into the country represents... 2009-10-07

ustralian independent Nido Petroleum has raised its estimate of oil reserves at the Gindara prospect in the Philippines' offshore Palawan Basin after evaluating 3D seismic data.... 2009-09-23

Philippines-focused Australian firm Nido Petroleum and its compatriot partner Kairiki Energy have completed evaluation of the Tindalo-1 and Yakal-1 discoveries in Service Contract... 2009-03-04

ExxonMobil plans to invest US$100mn in exploration in the south-western Philippines in 2009, according to a work programme submitted to the country's energy ministry.