Philippines

Australian independent Nido Petroleum has secured the services of a jack-up drilling rig, clearing the way for a two-well shallow water exploration programme offshore the Philippines... 2008-06-05

First oil from the Galoc field in the Philippines is expected by the end of April, according to a statement by operator Galoc Production Company (GPC).

Saudi Arabian unit Aramco Overseas is to sell its 40% stake in the Philippines' refiner Petron to SEA Refinery Holdings, a unit of London-based emerging markets investment manager... 2008-03-14

The Philippine Department of Energy (DOE) is putting nine oil and gas exploration blocks up for auction in its third energy contracting round. The DOE expects 20 consortia to submit... 2007-05-30

US energy company Chevron has sold its liquefied petroleum gas (LPG) retail business in the Philippines to Petron.

US$116mn is expected to be spent on exploration activity in the Philippines in 2007, according to the country's Department of Energy. Five contractors will drill between eight and... 2007-03-09

Exploration activity in the Philippines is taking off during 2007 and is expected to be intense until 2009, according to the country's Energy Secretary Raphael Lotilla. Several oil... 2007-02-13

Australian independent Nido Petroleum has announced that the Galoc oil field in the Philippines has possible reserves of 41.9mn barrels. The field's proved, probable and possible... 2006-12-04

China National Offshore Oil Corporation (CNC) has started conducting a joint seismic survey in waters off the Calamian Islands in the north western Philippines, China Oil News has... 2006-09-01

The consortium operating the Philippine's Malampaya field has signed a deal with state-run Philippine National Oil Company that will allow third parties to reappraise and develop... 2006-03-28