Philex Petroleum Corporation - updates

Rappler's latest stories on Philex Petroleum Corporation

ARTICLE FINDER

MVP on Reed Bank exploration: 'Absolutely no movement'

Nov 21, 2016 - 8:00 AM

Meanwhile a congressman is worried about energy security and says it is high time to allow the resumption of the stalled projects

NO MOVEMENT. After the Philippines' win against China over the West Philippine Sea, Pangilinan-led PXP Energy awaits government's cue on Reed Bank exploration. Photo by Alecs Ongcal/Rappler

Reed Bank exploration: Philex Petroleum may seek new foreign partner

Jul 14, 2016 - 3:52 PM

After the Philippines win against China over the West Philippine Sea Philex Petroleum awaits government s cue on Reed Bank exploration

NEW PARTNER? Philex Petroleum chief Pangilinan hints his company might look for new foreign partner/s for Reed Bank exploration. Photo by Alecs Ongcal/Rappler

Philex explores prospects outside disputed Reed Bank

Mar 07, 2016 - 6:36 PM

This is after the Philippine government in March 2015 suspended all exploration works at the Reed Bank in the South China Sea

EXPLORATION. Oil and gas reserves in Reed Bank are said to be larger than those in Malampaya, which accounts for 40% electricity requirement of Luzon

Forum Energy losses mount due to gas project

Feb 21, 2013 - 5:48 PM

The loss stems from a third party assessment that reduced the likelihood of commercially viable hydrocarbon deposit in the company s Service Contract 40