Philippine National Oil Company-Exploration Corporation - updates

Rappler's latest stories on Philippine National Oil Company-Exploration Corporation

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Duterte picks outgoing Air Force chief to head gov't oil exploration corporation

Jan 16, 2020 - 6:36 PM

Outgoing Air Force chief Lieutenant General Rozzano Briguez replaces former Philippine National Oil Company Exploration Corporation head Pedro Aquino Jr, who was sacked due to 'loss of confidence'

PRESIDENT'S PICK. Outgoing Philippine Air Force chief Lieutenant General Rozzano Briguez will take the reigns of the Philippine National Oil Company Exploration Corporation. RTVM Screenshot

COA defies 3 admins: Contractors should pay P146B Malampaya tax

May 16, 2018 - 4:32 PM

Shell, Chevron and Philippine National Oil Company-Exploration Corporation (PNOC-EC), or collectively known as the Malampaya Consortium, were allowed not to pay P146.7 billion in income taxes by Presidents Arroyo, Aquino and Duterte

RUNNING OUT. Gas from the Malampaya project is expected to run out in a decade prompting firms to contemplate alternative sources. File photo from Sembcorp Marine website

Shell takes Malampaya tax dispute vs PH to int'l arbitration body

Jul 22, 2016 - 1:58 PM

Shell Philippines Exploration BV has raised its tax dispute with the Philippine government before the International Centre for Settlement of Investment Disputes

SECOND TIME. Shell in September last year decided to file an arbitration case with the Singapore International Arbitration Center over the Malampaya tax dispute

Malampaya kicks off gas production from new platform

Oct 05, 2015 - 8:35 PM

The first Filipino designed and built offshore platform will help maintain the level of gas production to fulfill existing gas sales agreements

Gas well found in Isabela

Jul 03, 2015 - 2:45 PM

UPDATED An energy official says it is too early to determine if the discovery is commercially viable

Malampaya contractors, not DOE, should appeal COA ruling

May 11, 2015 - 2:28 PM

Energy Secretary Carlos Jericho Petilla also says that if state auditors will order his department to collect the P53 14B taxes from the contractors the agency has no choice but to comply

Malampaya contractor seeks DOE guidance over COA ruling

May 08, 2015 - 5:23 PM

Shell Philippines Exploration B V says it will consult with the energy department and co contractor Chevron after the state auditors order them to pay P53 14B in taxes

COA orders Malampaya contractors to pay gov't P53B taxes

May 07, 2015 - 2:57 PM

UPDATED State auditors say there is no provision in the law that provides that the income taxes of the contractors will be part of the government s share in project proceeds

PNOC eyes tie-up with BP to build depot facilities

May 03, 2015 - 11:33 PM

The proposed tie up is one of the measures to help alleviate falling revenues due to low oil prices