The Department of Energy (DOE) has released a circular on special allowances for petroleum service contractors. The goal is to attract more investments to...
The Philippine Competition Commission (PCC) said Tuesday it approved the proposed acquisition by Aramco Asia Singapore Pte. Ltd. (Aramco) of a 25-percent stake each...
Nine companies, including six international and three local exploration firms, submitted applications for petroleum service contracts under the first Bangsamoro Autonomous Region in Muslim...
Petrolift, a member of the Leonio Group of companies, unveiled the M/T Petro Elise, a 51,000-barrel petroleum tanker considered one of the largest, internationally...
The Department of Energy (DOE) said Tuesday two companies completed the 3D seismic surveys in Palawan in line with the government’s efforts to boost...
Good news indeed.
President Ferdinand Marcos Jr. has signed the renewal agreement for the Malampaya Service Contract No. 38, or plain SC 38, that would...
Phoenix Petroleum Philippines said it is bringing its product line of lubricants to Indonesia as it expands presence across Southeast Asia.
“Indonesia currently has the...
The COVID-19 pandemic has slowed down demand for petroleum and other energy products as global economic activities virtually grounded to a halt. The low...
