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The House Committee on Energy tasked a technical working group (TWG) to fine-tune a measure that seeks to strengthen the Philippine National Oil Company (PNOC) to make it more responsive and flexible in terms of its exploration, exploitation, and development. During a virtual hearing, the House panel moved to form the TWG to finalize House […]
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 […]