Philippines pushing for upstream renaissance

Law makers in the Philippines are seeking to refocus the Philippine National Oil Company’s (PNOC’s) investment mandate towards exploration and production ventures. The move is part of an effort to revive the Southeast Asian nation’s ailing upstream sector and attract new investment as its energy security situation continues to deteriorate.

Human Rights Watch slams Woodside over Myanmar energy developments

Human rights groups have slammed Australian energy giant Woodside after its chief executive said the company would press ahead with a major gas development in Myanmar and suggested the nation’s former civilian leaders ignored the army’s grievances in the lead-up to the military coup.

Woodside says Myanmar coup won’t hit plans

Australia’s Woodside Petroleum sees the military coup in Myanmar as “a transitionary issue” that would not affect its drilling in waters off the Southeast Asian nation, its chief executive says.

New oil price hike: P1.25 per liter

The country’s oil firms raised pump prices anew effective 6 am Tuesday by as much as P1.25 per liter to reflect the movement of prices in the world oil market.