All posts by PRJWeb

  • Top Frontier still keen on Nonoc mine nickel plant

    Top Frontier Holdings Inc., the parent company of San Miguel Corp., remains keen on a plan to build a $1.5-billion nickel-processing plant near its Nonoc mining site in Surigao del Norte despite current market conditions. Top Frontier...

    • Posted August 7, 2018
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  • Palace: Nothing wrong with 60-40 joint exploration deal with China

    MALACAÑANG has defended the Philippine government’s plan to conduct a joint exploration with China for oil and gas reserves in the disputed South China Sea (West Philippine Sea). Presidential Spokesperson Harry Roque Jr. said the two nations’...

    • Posted August 7, 2018
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  • Philex Mining profit drops in 2nd quarter

    PHILEX Mining Corp. saw a 13% drop in net income attributable to equity holders of the parent to P248.9 million in the second quarter due to lower metal output. In a regulatory filing, Philex said attributable net...

    • Posted August 7, 2018
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  • Philippine LNG Hub Attracts Investment From Oil & Gas Firm Petronas

    PETRONAS (Petroliam Nasional Berhad), a Malaysian oil & gas company has reportedly held discussions with the Philippine government-owned PNOC (Philippine National Oil Company). The talks, as per sources, revolved around an investment of $2 billion in a...

    • Posted August 7, 2018
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  • Cayetano: Draft framework for joint exploration with China in West PH Sea out by September

    The draft framework for the planned joint exploration by the Philippines and China for oil and gas in the West Philippine Sea is expected to be out by September, Foreign Affairs Secretary Alan Peter Cayetano said. “No...

    • Posted August 7, 2018
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  • PNOC rejects unsolicited LNG offer of Lloyds Energy Group

    State-run Philippine National Oil Co. rejected the unsolicited proposal of Dubai-based Lloyds Energy Group for a joint venture partnership to develop the country’s first $2-billion integrated liquefied natural gas facility. “Based on the unsolicited proposal they submitted,...

    • Posted August 7, 2018
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  • SMC unveils plan to build 10K MW of renewables

    Diversified conglomerate San Miguel Corp. plans to expand its energy portfolio by putting up around 10,000 megawatts of renewable energy projects in the next 10 years, its president Ramon Ang said. “SMC is going to invest heavily...

    • Posted August 6, 2018
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  • MGB cites mining company’s CSR program in Surigao

    The Mines and Geosciences Bureau, the agency tasked to regulate the mining sector, has cited the Marcventures Mining and Development Corporation for its scholarship program in Surigao del Sur, which has a high number of out of...

    • Posted August 6, 2018
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  • Benguet’s gold processing plant underutilized

    THE gold-copper processing plant in Benguet province has yet to be utilized to its full potential. Norberto Cobaldez, Department of Science and Technology assistant regional director in the Cordillera, said the supposed 24/7 operation of the processing...

    • Posted August 6, 2018
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  • Chamber invites Duterte to ‘responsible’ mining sites

    The Chamber of Mines of the Philippines has invited President Rodrigo Duterte to visit one of its facilities, following a fresh reminder for the industry to protect the environment in his annual policy speech. The President can...

    • Posted August 6, 2018
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