Wednesday 12 December
Apr 6, 2016 @ 7:50

PNOC investing P8.4b in oil, gas


State-owned PNOC Exploration Corp. said it will invest P8.4 billion in the Malampaya natural gas and other petroleum exploration projects this year.

The amount is slightly higher than the approved budget in 2015 of P8.039 billion.

PNOC Exploration issued a resolution on the 2016 work program and operating budget, with the bulk or P6.129 billion allocated for petroleum exploration projects.

Please follow and like us:

Tags: , ,

Related Stories
Service Contract 57, a petroleum exploration and development contract offshore northwest Palawan, has been endorsed
GT Capital Holdings, Inc., the investment arm of the Ty family, posted a 32 percent
A congressman is claiming that the Philippines is counting on China to advance the bulk
Apart from the Malampaya fund, state-run National Transmission Corp. (TransCo) is looking at securing a

Read full Article here »

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.