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MANILA (Reuters) -Philippine President Ferdinand Marcos Jr said his country is working to resolve "exploration issues" in the South China Sea so it could start new energy exploration projects in ...
In 2009, China International Mining Petroleum Co. Ltd. (CIMP Co. Ltd.) was granted Petroleum Service Contract No. 49 allowing the firm to explore and drill oil in Alegria. [6] Six other firms had considered conducting oil exploration in Alegria. On August 28, 2014, CIMP Co. Ltd. became the first firm to commence oil exploration in Alegria.
Interests: Shell Philippines Exploration B.V. 45% (Shell-operated), Chevron 45%, Philippine National Oil Company-Exploration Corporation (government) 10% Key contractors: Malampaya is a joint undertaking of the Philippine national government and the private sector. The project is spearheaded by the Philippine Department of Energy (DOE) and ...
PNOC Exploration Corporation is the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company. A government owned and controlled corporation, the Company was incorporated on April 20, 1976, and is mandated by the government through the Department of Energy (DOE) to take the lead in exploration, development and production of the country’s oil, gas and coal ...
The Philippines armed forces will guarantee the "unimpeded and peaceful" exploration and exploitation of natural resources within the country's exclusive economic zone (EEZ) as it shifts its focus ...
A Philippine oil tanker sank in Manila Bay early Thursday after encountering huge waves, leaving a crewman dead and 16 others rescued in a late-night operation by the coast guard. The force was ...
One of the leading conglomerates in the Philippines, [2] the Philodrill Corporation was established on June 26, 1969. [3] It is considered one of the pioneers in the industry of oil exploration in the country, [4] and its headquarter is located in Mandaluyong, Philippines.
An oil spill from a marine tanker that capsized off the coast of Manila Bay in the Philippines has reached the shores of a nearby fishing village, threatening the health and livelihood of ...