THE Phillippines Department of Energy said it has awarded an oil and gas exploration permit to an...
The lease covers 8,620 hectares in the Sulu Sea in the southern Philippines.
The Department of Energy has estimated the acreage could hold about 203 million barrels of oil.
It said the consortium would spend US$43.85 million on exploration activities over seven years.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
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