Tag Archives: Philippines

The Philippines is counting on the U.S. and its allies to play a crucial role in its plans to explore energy resources in the disputed South China Sea, according to Manila’s envoy to Washington. The country is seeking to parlay its deepening security ties with Washington into broader economic benefits, …

China is ready to study the possibility of joint oil and gas production with the Philippines in the South China Sea.

Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.

At least 26 people were killed while several residents were missing in an island province in central Philippines after tropical storm Kai-tak.

Energy demand in the Philippines is expected to triple by 2040.

Among contents of the MoU were investment for the development of oil and gas fields of Pasanan in Ahwaz.

The company will allocate $1 billion to expand the fields in the first phase and if required.

The MoU was signed on the sidelines of Iran Oil Show 2017 in Tehran last Monday.

Philippine energy officials believe that Iran can provide their power plants with the much-needed LNG as it has the world'.s largest gas field.

Iran’s crude oil and condensate exports rose three percent month-on-month in January.