Search results
Results From The WOW.Com Content Network
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 ...
This was the first oil and gas platform to be designed and built in the Philippines, and its successful completion has made the country a player in construction for the oil and gas industry. The upstream component of the US$4.5 billion Malampaya gas-to-power project was expected to provide substantial long-term revenue of between $8 billion ...
The following year, First Gen acquired a 60% economic interest in Philippine National Oil Company – Energy Development Corporation (EDC). EDC was established in 1976, to wean the country from its dependence on imported fuels by developing renewable sources of energy.
The Department of Energy (Filipino: Kagawaran ng Enerhiya, abbreviated as DOE) is the executive department of the Philippine government responsible for preparing, integrating, manipulating, organizing, coordinating, supervising, and controlling all plans, programs, projects and activities of the Government relative to energy exploration, development, utilization, distribution and conservation.
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. [ 9 ] [ 10 ] [ 11 ] The large number of oil-powered power plants is a result of a lower per plant output compared to coal and natural gas.
Don Carlos Biomass Energy Corporation: TBA 10 2017 Under construction Misamis Oriental Biomass Energy Corporation: Misamis Oriental: 12 2017 Under construction Aseagas Corporation: Lian, Batangas: 8.8 2015 Ceased Operation San Carlos BioPower: San Carlos, Negros Occidental: 19.9 2015 Isabela Biomass Energy Corporation: Alicia, Isabela: 18 2015
Petron Corporation is the largest oil refining and marketing company in the Philippines, [4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d). From the refinery, Petron moves its products mainly by sea to 32 depots and ...
It is involved in alternative energy projects, including geothermal, hydroelectric and wind energy projects. The company was formerly owned by the Philippine National Oil Company, a state corporation owned by the Republic of the Philippines engaged in the exploration of resources, production of energy and distribution of power supply to smaller ...