+ Follow ENERGY UNDERSECRETARY GUILLERMO BALCE Tag
ENERGY UNDERSECRETARY GUILLERMO BALCE
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[ArticleID] => 15764
[Title] => More oil search activities expected
[Summary] => The Department of Energy (DOE) is expecting more oil drilling activities to start in the remaining months of the year.
Energy Undersecretary Guillermo Balce said one drilling activity in Panay Island will start by the end of this month.
Balce said they also expect another drilling of a production well to start in the Galoc area in Western Palawan.
[DatePublished] => 2007-08-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 10329
[Title] => Spex-led group to drill for oil, gas in Palawan
[Summary] =>
[DatePublished] => 2007-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 388909
[Title] => Chevron takes second look at oil prospects
[Summary] =>
Chevron Corp. is proposing to undertake a thorough reprocessing of old seismic data of the Department of Energy (DOE), a ranking DOE official said.
Energy Undersecretary Guillermo Balce said this will be done through Chevron’s initiative at no cost to the DOE.
Balce said the updating the old seismic studies would enable Chevron to evaluate new prospects in the oil exploration sector.
A seismic study is an initial step by an exploration company to determine and measure the potential oil and gas reserves in a specific area.
[DatePublished] => 2007-03-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 382311
[Title] => PNOC exploration unit mulls secondary offering
[Summary] =>
The PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration subsidiary of state-owned Philippine National Oil Co., is planning to undertake a secondary offering soon, an energy official said, over the weekend.
Energy Undersecretary Guillermo Balce said the idea has been discussed in a board meeting of PNOC. "It is an idea floated by PNOC-EC president Rafael del Pilar. They have been discussing this and it is already being studied," he said.
[DatePublished] => 2007-01-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 381587
[Title] => PNOC, Chinese firm eye gas supply deal with Malampaya
[Summary] =>
China’s Synergy International Resources Group Co. Ltd. and Philippine National Oil Co. (PNOC) have expressed interest to enter into a gas sales agreement with the Malampaya consortium, a ranking energy official said.
Energy Undersecretary Guillermo Balce said Synergy and PNOC subsidiary PNOC-Exploration Corp. (PNOC-EC) are particularly eyeing the expected 500-megawatt (MW) additional gas output of the Malampaya deep water gas-to-power project.
[DatePublished] => 2007-01-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 376743
[Title] => Consortium asked to disclose Malampaya reserves level
[Summary] =>
The Department of Energy (DOE) is asking the Malampaya consortium to inform the DOE of the remaining reserves in the $4.5-billion deep water to gas power project in Northwest Palawan.
"We want them to tell us how much natural gas is left in Malampaya. Is it still good for 500 megawatt or 1,000 MW," Energy Undersecretary Guillermo Balce told reporters over the weekend.
Balce said this information is pertinent to the government’s energy development planning for the near term.
[DatePublished] => 2006-12-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 373932
[Title] => Local coal miners to block DOE supply deal with Indonesia
[Summary] =>
The Philippine Chamber of Coal Mines Inc. (Philcoal) is opposing the proposed signing of a coal contract between the government of Indonesia and the Department of Energy (DOE).
Philcoal is a non-stock, non-profit organization which promotes the interest of the local coal mining industry.
In a press statement, Philcoal claimed the government will unduly interfere in the coal mining industry which should properly be left to the private sector and let market forces dictate the outcome of the coal industry.
[DatePublished] => 2006-12-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 369823
[Title] => DOE to bid out Camago contract
[Summary] =>
The Department of Energy (DOE) expects to bid out the contract for the development of Camago Malampaya Oil Leg (CMOL) by the first quarter of 2007, a top energy official said.
Energy Secretary Raphael P.M. Lotilla told reporters over the weekend that the Philippine National Oil Co. (PNOC), the agency tasked to take a lead in the CMOL development, is committed to carry out the public tender.
"We hope to push through with the development of this resource in the soonest possible time. First quarter is a good target," Lotilla said.
[DatePublished] => 2006-11-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 368542
[Title] => DOE offers 10 areas for exploration
[Summary] =>
The Department of Energy (DOE) will offer 10 more oil and gas exploration blocks under the third Public Contracting Round (PCR), aiming to raise more than $200-million worth of investments in these areas, a ranking DOE official said.
In an interview with reporters, Energy Undersecretary Guillermo Balce said they would announce the start of PCR 3 by December this year.
He said it would take at least six months to complete the process. By July 2007, he said they expect to award the contracts to the investors.
[DatePublished] => 2006-11-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 352235
[Title] => DOE set to award 2 more oil exploration contracts
[Summary] =>
The Department of Energy (DOE) is set to award two more oil exploration service contracts (SC) within this month, a ranking DOE official said.
Energy Undersecretary Guillermo Balce, in an interview with reporters, said they are ready to award the Area 1 exploration area in southwest Palawan to the partnership of Australia-listed Nido Petroleum and the Philippine National Oil Co.-Exploration Corp. (PNOC-EC).
[DatePublished] => 2006-08-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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