The petroleum hub aims to supply enough refined and by-products to supply the region by 2036, according to an agreement signed in June 2018. Not everyone is convinced by the plan, however.

An investment consortium comprising five firms has held an exploratory meeting with the Petroleum Hub Development Corporation (PHDC) to discuss potential areas of collaboration. The consortium ...

MANILA, Philippines — Nido Petroleum Philippines Pty. Ltd. is spending $18.4 million for its planned oil and gas production project in Service Contract (SC) 54 in offshore northwest Palawan ...