The Department of Energy has cleared the plan of Service Contract 14 consortium to surrender the license areas in northwest Palawan after 40 years of production.
ACEX eyes P876 million follow-on offer philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
With the approval granted by the Department of Energy (DOE) on its bid for force majeure declaration at its prospect area, Ayala-led ACE Enexor Inc. will be moving to April next year its targeted well drilling at its petroleum block in southwest Palawan basin. “The drilling of the appraisal well is
Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s 1,100 MW combined cycle power plant project.