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NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to explore Nigeria's fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa.
Philippine motorcycle enthusiast John Aldwin Bagabagon rode easier than many other local motorcyclists and drivers this year as domestic fuel prices surged to record levels. Bagabagon, 35, and his ...
This is a list of major gas station chains in the Philippines. This includes the "Big Three", which refers to the top three companies in the oil industry: Petron, Shell, and Caltex. Historically, Seaoil was part of this grouping. [1]
The Philippines also generates a significant amount of electrical energy from oil, albeit to a lesser degree than compared to coal and natural gas. In 2013, the Philippines sourced 5.97% of its energy from oil-based sources. [7] As of March 2016, there were a total of 212 gas and diesel-powered facilities in the Philippines.
PNOC Exploration Corporation is the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company. A government owned and controlled corporation, the Company was incorporated on April 20, 1976, and is mandated by the government through the Department of Energy (DOE) to take the lead in exploration, development and production of the country’s oil, gas and coal ...
The Philippines is a sugar-producing country, and sugarcane is grown mainly in the islands of Negros, Luzon, Panay and Mindanao. Despite growing demand for sugar, there are still an estimated 90,750 hectares (224,000 acres) of sugarcane available that can be used for ethanol production, and high-yielding varieties of sugarcane are available.
On June 5, 2018, CNOOC Gas and Power Group Co. Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC), China's largest LNG importer and terminal operator, has recently signed a memorandum of understanding (MOU) with the Philippine fuel retailer Phoenix Petroleum to study, plan, and develop a liquefied natural gas (LNG) receiving ...
President Rodrigo Duterte discusses matters with Energy Secretary Alfonso Cusi on the sidelines of the oil and gas production ceremonial commencement on May 19, 2018.. In 2009, China International Mining Petroleum Co. Ltd. (CIMP Co. Ltd.) was granted Petroleum Service Contract No. 49 allowing the firm to explore and drill oil in Alegria. [6]