Philippines
Companies
Philippine refiner Petron is seeking US$1bn in foreign investment to support its downstream capital expenditure (capex) plans and is looking for a partner that can also offer it technical...
2010-07-13Companies
The Philippines' energy undersecretary, Ramon V. Oca, said on June 25 2010 that up to 10 new sites would be added to the list of development blocks to be offered to investors as part...
2010-06-28Industry
Leading Philippine refiner Petron is to invest US$600-700mn through to 2014-2015 on upgrading its processing facilities, CEO Eric Recto told Reuters on March 5.
2010-03-05Economy
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.
2010-03-05Economy
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...
2009-12-22Economy
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...
2009-11-13Industry
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...
2009-10-07Industry
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
