9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Manny V. Pangilinan-led PXP Energy significantly cut its losses last year with plug and abandonment costs reduced while waiting for the government’s go-signal for the resumption of exploration activities. In a statement,
The share price of PXP Energy Corporation at the Philippine Stock Exchange went up 125% in two consecutive trading days on the heels of President Rodrigo Duterte’s lifting of the oil exploration
Just days after President Rodrigo Duterte lifted the moratorium on oil and gas explorations in the West Philippine Sea (WPS), China says it has made agreements with the Philippines on the matter.
Energy Secretary Alfonso Cusi reiterates that Philippine laws will be followed in the service contact (SC) areas that are even within the West Philippine Sea (WPS). This follows President Rodrigo Duterte’s lifting
With the impending depletion of the Malampaya gas field’s reserves and amid warming relations between the Philippine and Chinese governments, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation to
Business tycoon Manuel Pangilinan is positive that drilling works in the Recto Bank can proceed by next year following the country’s warmer relations with China. “I think to the extent that the
The Department of Energy (DOE) said that it’s not enthusiastic on a joint oil exploration with other countries in areas of the West Philippine Sea. In a radio interview, Secretary Alfonso Cusi
With the growing “relationship” between China and the Philippines, there is hope that oil and gas exploration projects in the West Philippine Sea will finally push through, Manuel Pangilinan said. “I think
The Department of Foreign Affairs (DFA) is set to lead government agencies following the verdict of the UN Permanent Court of Arbitration on the West Philippine Sea, Department of Energy (DOE) Secretary
