Central & SE Asia / Australasia
Country summary: Philippines
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Philippines - recent news
|09 Jan 20
||Philippines: Jadestone Energy announces award of damages in respect of Philippines arbitration
Jadestone Energy has announced an award of monetary damages, plus a portion of the legal costs and expenses, as a result of an arbitration action between its wholly owned subsidiary Mitra Energy (Philippines SC-56) and Total E&P Philippines.
|14 Nov 19
||Philippines: Udenna acquires Chevron’s 45 percent interest in Malampaya
Udenna Corp has signed a Sale and Purchase Agreement to acquire 100 percent of the shares of Chevron Malampaya, a wholly-owned subsidiary of Chevron Philippines, which holds Chevron’s entire 45 percent non-operated interest in the Malampaya gas field in the Philippines.
|26 Sep 19
||Philippines: Excelerate Energy receives Notice to Proceed from the Philippines for floating LNG terminal
Excelerate Energy has received the Notice to Proceed from the Philippine Department of Energy to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas.
|11 Jan 19
||Philippines: Phoenix Petroleum gets green light for US2 bln LNG terminal
Philippines firm Phoenix Petroleum has won government approval to build the nation’s first liquefied natural gas (LNG) import terminal for $2 billion, in partnership with China National Offshore Oil Corp (CNOOC).
|05 Sep 18
||Philippines: Israel's Ratio Oil signs Philippines exploration deal
Israel’s Ratio Oil Exploration has signed a long-awaited deal to search for oil and gas in the Philippines. The Company was initially awarded the East Palawan block back in 2015.
Philippines - more news