All posts by PRJWeb

  • Tycoon Dennis Uy invests in Pangilinan’s PXP Energy

    PXP Energy, a company which has interests in the West Philippine Sea, says it will use the money raised from the deal to fund oil exploration activities, Rappler reported.  Davao City-based businessman Dennis Uy bought shares in Manny Pangilinan’s PXP...

    • Posted November 19, 2018
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  • PH opens oil, gas investment benchmarking talks with Indonesia

    The Philippines has opened talks with Indonesia for collaborations in benchmarking policies and incentives for gas and oil investments. In his bilateral meeting in Singapore last week, Department of Energy (DOE) Secretary Alfonso G. Cusi discussed the...

    • Posted November 19, 2018
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  • Energy Department expects to award LNG hub this month

    The Department of Energy expects to award to the winning consortium the development of the country’s first liquefied natural gas hub by November, a top official said Wednesday. “Hopefully, yes ,” Energy Secretary Alfonso Cusi said,...

    • Posted November 19, 2018
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  • 9 suspended mines can resume work if conditions met

    The Philippines’ environment ministry said nine suspended mines will be allowed to resume operations if they rectify previous violations of environmental regulations, a move that could boost nickel output in the major supplier of the metal. The...

    • Posted November 19, 2018
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  • Is mining taxation’s purpose to create more taxation?

    By Bienvenido Oplas Jr. Perhaps more than any other sector in the country, the mining industry is known for being subject to plenty of regulations, taxation, duties and royalties, both from local and national governments. To flesh...

    • Posted November 19, 2018
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  • 12 mining firms fail DENR review

    The Department of Environment and Natural Resources has ordered the suspension of nine mining firms and the closure of three companies following a comprehensive review. The review was in line with the motion for reconsideration filed by...

    • Posted November 19, 2018
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  • DoE to launch new energy contracting round this week

    THE Department of Energy (DoE) is hoping that a new round of contracting will spur more petroleum exploration ventures and close the resource development gap with regional neighbors. The DoE will launch the Philippine Conventional Energy Contracting...

    • Posted November 19, 2018
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  • PH, Papua New Guinea to launch joint economic, trade committee

    The trade departments of the Philippines and Papua New Guinea will establish a Joint Economic and Trade Committee (JETC) following the signing of a Memorandum of Understanding (MOU) on the sidelines of the Asia Pacific Economic Cooperation...

    • Posted November 19, 2018
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  • Chinese analysts: Beijing-Manila energy search shows how to turn conflict into cooperation

    China and the Philippines are poised to bring their economic cooperation into a new era, and they have a fair chance to achieve the first ground-level implementation of the joint development of oil and natural gas in...

    • Posted November 19, 2018
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  • Fitch: PH still compelling for miners, but mineral output growth to ease

    The Philippines will remain a compelling case for miners at least until the end of President Rodrigo R. Duterte’s term in 2022 despite an increasingly trying regulatory environment, according to Fitch Solution’s Philippines Mining Report. “Environmental regulations, high...

    • Posted November 19, 2018
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