IKOT.PH
The chairman of the Senate Energy Committee is pushing for a measure that proposes to restructure the Philippine National Oil Company (PNOC) into a pure oil and gas exploration firm. Senator Win Gatchalian made the statement following the suspension of PNOC Exploration Corporation (PNOC-EC) president and chief executive officer (CEO) Pedro Aquino for approving an […]
The Senate has approved on third and final reading a bill authorizing the use of the P207 billion Malampaya Fund to pay off the stranded contract costs and stranded debt of the National Power Corporation (Napocor). With the approval of Senate Bill No. 1950 (SBN 1950) or the Murang Kuryente Act, Senator Win Gatchalian said […]
Senator Win Gatchalian is urging the administration of President Rodrigo Duterte to be more aggressive in its pursuit of energy self-sufficiency by launching a “Drill, Drill, Drill” program to explore and develop the country’s untapped oil and natural gas resources. Gatchalian, who serves as chairman of the Senate Energy Committee, made the call amid the […]