There’s a big development which the business grapevine has been talking a lot about these days, and if all goes well – pun intended – it would surely be good for the country’s energy security. I’m ...

The Sandiganbayan Third Division has rescheduled to June 26 the arraignment of former Energy Secretary Alfonso Cusi and ...

MANILA, Dec 6 (Reuters) - The life of the Philippines' Malampaya natural gas field, which had been projected by the government to run dry by 2027, can be extended for several more years, the president ...

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MANILA, Philippines — The Sandiganbayan Third Division on Friday said the Office of the Ombudsman “sufficiently” informed ...

MANILA, Philippines — The Malampaya consortium, led by operator Prime Energy Resources Development B.V. of tycoon Enrique Razon, is on track to start drilling deep water wells by the latter part of ...

Speaker Martin G. Romualdez (left) and Energy Secretary Raphael Lotilla applaud as President Ferdinand R. Marcos Jr. signs the renewal agreement for the Malampaya Service Contract No. 38 (SC 38) at ...

Malampaya Phase 2-3. Photo courtesy of Shell. THE Malampaya consortium has turned over $13 billion to the national government (NG), representing the total royalties remitted since the Malampaya deep ...

The Sandiganbayan Third Division rescheduled again the arraignment of former Energy Secretary Alfonso Cusi and former ...

Burgundy said it is “committed to recover oil” 18 months from the signing of a compromise contract with PNOC-Exploration Corporation. Burgundy vice president Michael Sia touted an estimated output of ...

Noble Corporation plc NE, a leading offshore drilling contractor, has begun its drilling campaign at the Malampaya-Camago field offshore the Philippines. In 2024, Noble’s drillship, the Noble Viking, ...