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Philippines Eyeing Other Oil-Rich Areas as China Deal Stalled

Philippines Eyeing Other Oil-Rich Areas as China Deal Stalled
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50 groups target BARMM prospects

‘I encourage you to further evaluate these petroleum potentials. We have the best contractual terms to offer that could match and compete with other countries’ ....

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Malampaya gas price to remain lower than imported LNG

Malampaya gas price to remain lower than imported LNG
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Malampaya eyes new gas production by 2026

Malampaya eyes new gas production by 2026
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DOE: More areas for gas reserves can be developed near existing Malampaya gas field

“This would require drilling of wells and substantial subsea work to tie back the new production wells into the existing Malampaya production facilities,” Department of Energy Undersecretary Alessandro Sales said in a news conference Saturday.
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