Energy & Mining

PNOC-EC seeks participation in Cadlao oil field off Palawan

State-run PNOC Exploration Corp. (PNOC-EC) is in advanced discussions to participate in drilling for oil and gas production in northwest Palawan under service contract (SC) 6B.

ThermaPrime completes drilling additional geothermal wells

ThermaPrime Drilling Corp. has completed drilling 12 geothermal production wells and three multilateral injection wells for the Philippine Geothermal Production Co. Inc. (PGPC). The company...

PSALM eyes cutting inherited burden by yearend

The Power Sector Assets and Liabilities Management Corp. (PSALM) looks to cut its financial obligations to P306.6 billion by the end of the year. Dennis...

RE developers have until next week to join OCSP-4

Renewable energy (RE) developers looking to participate in Round 4 of the government's open and competitive selection process or OCSP-4 have until 29 August...

Oil prices adjust higher six weeks in a row

The surge in the price of petroleum products at the pumps continue for the sixth straight week.Seaoil increased its per liter price by P1.10 for...

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