Koloma Targets Fourth Philippine Hydrogen Block in Offshore Palawan Push
The US firm's latest 712,000-hectare nomination follows three existing service contracts as Manila positions native hydrogen as a domestic clean energy bridge.
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The US firm's latest 712,000-hectare nomination follows three existing service contracts as Manila positions native hydrogen as a domestic clean energy bridge.

Malaysia's international maritime group posted RM1.15 billion in second-quarter profit, fueled by petroleum shipping demand and offshore engineering progress

Taipower is building dedicated transmission infrastructure from power plants to high-consumption facilities as semiconductor and AI demand tests grid capacity

Heightened geopolitical tension around the Strait of Hormuz pushes benchmark oil toward seven percent weekly gains, with Asian energy buyers facing tighter supply and higher costs

Brent and WTI post weekly gains above 5% as Washington pledges toughest financial penalties yet on Tehran's trading partners amid continued Strait of Hormuz disruptions

The acquisition of PCI Energy Solutions marks the Japanese conglomerate's largest purchase ever as it expands into grid management technology

First Philippine Holdings says the $35-per-share proposal fails to capture the power producer's true value, leaving the door open for competing bids.

The Energy Regulatory Commission will assess whether the tycoon's 25.7% investment in Lopez Inc. breaches market-share caps across power generation and distribution.

Brent crude edges higher as Washington signals indefinite pressure campaign, offsetting weak demand forecasts from OPEC and IEA

Energy department considers raising royalty terms beyond current 30 percent threshold while auction timeline slips toward year-end

Crude futures head for 4.5% weekly gains as Washington signals indefinite economic isolation and shipping through key energy corridor falls below monthly average

Crude climbed more than $1 per barrel Friday as shipping disruptions and stalled US-Iran talks tighten global supply through a channel carrying one-fifth of world oil flows.

Treasury Secretary signals unprecedented economic measures as Hormuz tensions offset global demand concerns

The new loan brings total short-term financing to P4.9 billion for Quezon North Wind, part of a 553-MW wind development slated for 2027 completion

As military options narrow and regional dynamics shift, the Trump administration faces a strategic reality it has long resisted: Iran's leverage over the world's most critical oil chokepoint may force a transactional arrangement neither side wanted.

State-owned Petrovietnam Gas explores multi-year deal for up to 450,000 tons annually, signaling deepening commitment to natural gas infrastructure

Government proposal aims to accelerate domestic supply chain development and position Seoul in the global SMR market

The refiner's XTeer product targets hydrogen combustion engines in trucks and buses, marking a shift in Asia's alternative fuel infrastructure

Iranian officials insist on U.S. compensation and sanctions relief before reopening the critical waterway, reversing last week's price slide

Oil markets reverse prior week's losses after Iran insists on additional conditions beyond shipping lane agreement with Oman, while Houthi strikes target Saudi infrastructure

Tehran's overnight strikes and proposed fee structure with Oman push Brent above $83, reversing earlier weekly losses