MANILA - PNOC-Alternative Fuels Corp. (PAFC), a unit of state-owned Philippine National Oil Co., will establish another 1,000-hectare jatropha plantation in Negros Occidental.
Oil steepened losses below $67 a barrel on Tuesday, after a fall of nearly 4 percent the previous day, as renewed worries over the uncertain outlook for major economies sparked a sell-off across global equity markets.
BEIJING - Chinese oil giant PetroChina announced Monday that it had completed the acquisition of nearly half of refiner Singapore Petroleum Company (SPC) in a deal worth more than $1 billion.
State-owned Philippine National Oil Co. (PNOC) has collaborated with a Japanese consortium to study wind energy projects in the country.
At least three groups have expressed interest to participate in the bidding for the management of independent power producer (IPP) contracts of the National Power Corp. for the Sual and Pagbilao coal-fired power plants, the Power Sector Assets and Liabilities Management Corp. (PSALM) said Thursday.