Quantcast
Latest Stories
Home » oil drilling You are browsing entries tagged with “oil drilling”

Otto Energy strikes oil off Palawan

By

The country’s only producing oil project, the Galoc field off northwest Palawan, seems set for phase II production later this year as operator Otto Energy reportedly struck oil while drilling one of two new wells at the site.

Posted: July 18th, 2013 in Editor's Pick,Headlines | Read More »

PNOC unit, Aussie firm allot P1B for oil drilling

By

Australian firm Nido Petroleum Ltd. and PNOC Exploration Corp. are investing $25 million or (roughly P1 billion) to tap as much as 977 million barrels of gross, “unrisked” oil-in-place within the Baragatan prospect off northwest Palawan.

Posted: May 7th, 2013 in Editor's Pick,Headlines | Read More »

Oil drilling group gets 2-year extension

By
Forum Energy Plc has secured a two-year extension for its work program under Service Contract 72, Philex Petrolem Corp., a major shareholder, said on Monday, Jan. 28, 2013.

Forum Energy Plc, which is exploring for oil and gas within the highly contested Recto Bank off the West Philippine Sea, has secured a two-year extension for its work program under Service Contract 72.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Trans-Asia, PetroEnergy pursue Leyte oil project

By

THE CONSORTIUM operating Service Contract 51 in San Isidro, Leyte plans to invest roughly $6.7 million (or approximately P274 million) in its drilling program under the fifth exploration subphase.

Posted: December 21st, 2012 in Headlines | Read More »

Resumption of oil-drilling talks seen

By
Manuel V. Pangilinan.  INQUIRER file photo

Businessman Manuel V. Pangilinan is hoping to resume by early next year talks with state-owned China National Offshore Oil Co. (CNOOC) on its possible acquisition of a stake in the Recto Bank exploration project off the West Philippine Sea.

Posted: November 19th, 2012 in Headlines | Read More »

Advertisement

News

  • Kim Henares needs a reprimand, says Cayetano
  • AFP denies hand in disappearance of Tiamzon’s gardener
  • PH gov’t to verify MILF presence in Basilan clash
  • Padaca ‘eager’ to air side on trial over graft, malversation raps
  • DPWH to favor road rehab over preventive maintenance in next 2 years
  • Sports

  • Power Pinoys salvage 7th place in Asian men’s volley club championship
  • Knicks prevent Nets from clinching fifth seed
  • Arsenal beats West Ham 3-1 in Premier League
  • Memorial service marks Hillsborough anniversary
  • My ideal weight is 140, declares Pacquiao
  • Lifestyle

  • Celebrate Easter Sunday at Buddha-Bar Manila
  • Moriones feast: A slow, steady transformation
  • Weaving ‘palaspas’ a tradition kept alive in Tayabas City
  • Finalists announced for best translated books
  • Summer treat for your aspiring astronomers
  • Entertainment

  • Mommy Dionisia Pacquiao’s greatest hits
  • Deniece Cornejo posts bail—report
  • Miley Cyrus hospitalized, cancels US concert
  • Otaku Summer Jam 2014: Summer’s hottest J-rock/Cosplay event
  • 2NE1 returns to Manila with “All Or Nothing” Tour
  • Business

  • I-Remit teams up with Lakhoo for remittances from Oman
  • Megawide nets P1.4 B in 2013
  • Longer TRO sought on rate hike
  • Make a stylish statement with the all-new Yaris
  • Hearing set in Olarte case
  • Technology

  • Smart phone apps and sites perfect for the Holy Week
  • Tech company: Change passwords or suffer ‘Heartbleed’
  • Filling the digital talent gap
  • SSS to shut down website for Holy Week
  • Another reason to quit social media this Holy Week: your safety
  • Opinion

  • We may never know
  • Couple of things
  • Mommy D’s magic
  • Stop bizarre and bloody Good Friday rituals
  • Holy Week taboos
  • Global Nation

  • 2 PCG men ordered arrested over Balintang Channel shooting
  • US Embassy closed on Holy Thursday, Good Friday
  • Relief worker draws inspiration from helping Yolanda victims
  • Philippines says peace pact should hold despite clashes
  • No travel restrictions to Middle East amid MERS-CoV scare
  • Marketplace
    Advertisement