The Department of Energy is looking at the start of drilling of four exploration wells and awarding eight new petroleum contracts this year to boost the ...

MANILA, Philippines — Prime Energy Resources Development is gearing up for the Malampaya Phase 4 drilling program next year as it aims to deliver new gas by 2026, a top executive said.

The Malampaya consortium has also remitted more than $13.5 billion from 2001 to the end of 2023. How our various administrations wasted all that money is another story that should one day be told.