oil and gas exploration - updates

Rappler's latest stories on oil and gas exploration

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Carpio welcomes Russian oil exploration in West Philippine Sea

Oct 20, 2019 - 2:41 PM

Retiring Supreme Court Senior Associate Justice Antonio Carpio says Manila should be also spreading out service contracts for oil exploration in the West Philippine Sea to countries other than China

STAUCH DEFENDER. Retiring Supreme Court Senior Associate Justice Antonio Carpio says the Philippine should spread out partners for oil exploration in the West Philippine Sea. Rappler Screenshot

Cayetano meets Wang, BDO on Osmeña, Zuckerberg on Cambridge Analytica | Midday wRap

Mar 22, 2018 - 12:05 PM

Watch the midday newscast with Mara Cepeda

Currency woes widen Philex Petroleum losses in H1

Jul 26, 2013 - 1:10 PM

The net losses of upstream oil and gas company Philex Petroleum Corp widens to P225 2 million in the first 6 months of 2013 from P80 5 million a year ago

MORE LOSSES. The oil and gas company led by Manuel V. Pangilinan incurred more losses in the first 6 months of 2013 due to forex woes

Philex unit completes P2.1-B sale of Vietnam firm

Jul 17, 2013 - 4:29 PM

The sale generated P200 million profits which the Philex group intends to use to fund exploration activities and acquire new oil and gas exploration assets

San Miguel selling Meralco stake to fund oil, gas ventures

Jun 06, 2013 - 7:39 PM

The group s stake in Meralco is worth P142 5 B according to Bloomberg calculations

San Miguel president Ramon Ang listens during a press conference in Manila on August 28, 2012. AFP PHOTO/TED ALJIBE

MVP on Recto Bank: We're talking only to CNOOC

Jan 17, 2013 - 2:35 PM

Other foreign firms have approached Forum Energy for the joint exploration of Rector Bank but Manuel Pangilinan says the oil and gas company is negotiating only with China s CNOOC

DOE to award exploration contracts in Bangsamoro area

Nov 01, 2012 - 1:53 PM

The Moro Islamic Liberation Front earlier called on the government to cancel the bidding of the exploration contracts until a wealth sharing agreement on Bangsamoro is forged