The Philippines is planning to invest P502 billion in the next two decades for its targeted gas reserves extraction of up to 4.0 trillion cubic feet (TCF) as a replacement to the depleting Malampaya field, according to the Department of Energy (DOE). DOE Undersecretary Felix William B. Fuentebel
Criminal complaints filed over disposal of Malampaya stake bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Increased foreign ownership for solar, wind seen requiring legislation bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
By TED CORDERO, GMA News
Published May 7, 2021 12:30am
The Department of Energy (DOE) and the Philippine National Oil Company-Exploration Corporation (PNOC-EC) are urging the country’s judiciary to push for the expansion of indigenous energy explorations. The Department of Energy (DOE) and the Philippine National Oil Company-Exploration Corporation (PNOC-EC) are urging the country’s judiciary to push for the expansion of indigenous energy explorations to secure the country’s future energy supply. This, as the Malampaya Deepwater Gas-to-Power Project sees the continued natural decline of gas reservoir pressure and experts warn of an impending energy crisis, according to the DOE and PNOC-EC.
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