Philippines Is Getting Ready To Drill For Oil And Gas
At a time when the second wave of coronavirus is decimating the world economy, when the Caucasus is smouldering from the consequences of the Karabakh issue and all the protracted Middle Eastern conflicts are continuing to drag the region into political obsolescence, the last thing we needed was a flareup with regard to the South […]
DOF bucks amendments to oil tax laws
Amid the tax predicaments raised by Petron on its refining business, the Department of Finance (DOF) indicated that it is not amenable to proposed tweaks in the country’s tax laws as applied to the supply chain of the downstream oil sector.
‘Closure of Petron refinery possible’
MANILA, Philippines — The country’s last remaining oil refinery is also in danger of closing down, burdened by the heavy cost of operations due to what it describes as the uneven playing field between importers and refiners.
US firm to seek permit to build offshore Batangas LNG terminal ‘soon’
EXCELERATE ENERGY LP said Wednesday its preparations to build an offshore liquified natural gas (LNG) terminal project in Batangas are nearly complete and that it will seek a permit to start construction “soon” from the government.
MVP confirms interest in Malampaya
MANILA, Philippines — Business tycoon Manuel V. Pangilinan has confirmed his interest in acquiring the Shell Philippines Exploration B.V. (SPEX)’s stake in the Malampaya project, through PXP Energy Corp.
Indonesia’s energy pipeline springs leak as Chevron eyes exit
JAKARTA — When Chevron and the Indonesian government signed an agreement last month to speed up investment in one of the country’s biggest oil blocks, it was good news — but also a reminder that an uncertain new era for Indonesian energy is almost at hand.
Eppo urges delay in LNG imports by power firms
The import of liquefied natural gas (LNG) by energy companies needs to be delayed because of low domestic demand caused by the pandemic, says the Energy Policy and Planning Office (Eppo).
Gas Malaysia stays committed to green initiatives
At a time when the whole world is changing due to the unprecedented effects of the Covid-19 pandemic, Gas Malaysia Bhd stays true to its commitment to improving conservation efforts of the environment.
