Government to establish own oil reserve
- September 22, 2021
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price or supply volatilities. This would be done
The government looks to build its own oil reserve in a bid to lessen the country’s dependence on imported oil and thus, exposure to price or supply volatilities. This would be done
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) plans to draw more natural gas from the Malampaya field in Palawan. Back in June, PSALM signed a memorandum of understanding (MOU) with
Government-owned Philippine National Oil Company (PNOC) has appointed its SVP for Energy Business Graciela Barleta as its Officer-In-Chief (OIC) President and CEO. Barleta takes over from PNOC President and CEO Reuben Lista,
Government-owned Philippine National Oil Company (PNOC) said it has begun looking into the possible development of fuel, electricity, or both from deuterium. Deuterium is a hydrogen isotope with a nucleus made up
The Department of Energy (DOE) is being urged to bid out an operation and maintenance (O&M) agreement for the Malampaya gas-to-power project, so it can continue operating without issues beyond the expiration
Government-owned firms Philippine National Oil Company (PNOC) and Power Sector Assets and Liabilities Management Corporation (PSALM) have signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from the Malampaya
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to
Sen. Shewin Gatchalian has filed a bill seeking to refocus the Philippine National Oil Company’s (PNOC) investment mandate into oil and gas exploration ventures, as well as to level up itself with
The Udenna Group’s UC Malampaya Philippines Pte. Ltd. is seeking to resolve its Php27.3-billion dispute regarding capacity payments for the 1,200-megawatt Ilijan gas-fired power project in Batangas City. The company formally raised this