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28 mar 2022 · Recent crude oil prices spikes on heightened supply risk concerns have spooked Filipino consumers, forcing the government to fuel activate a subsidy scheme.
BHO, also known as butane hash oil extraction, or hydrocarbon extraction, is the preferred extraction method for large-scale producers due to its scalability and versatility. The prevalence of BHO extraction boomed in the late 1990s with the advent of the internet.
The enactment of Republic Act (R.A.) 8479, otherwise known as the Downstream Oil Industry Deregulation Act of 1998 provides the framework and guiding principles of a truly competitive market under a regime of fair prices, adequate supply of environmentally clean and high-quality petroleum products.
26 mar 2024 · The Philippine oil industry is currently dominated by the so-called “Big Three” petroleum companies, which hold a market share of about 42 percent of the total petroleum product demand.
17 kwi 2020 · Although the Philippines remains very much underexplored, working petroleum systems, proven hydrocarbon accumulations and an energy hungry economy suggest a promising future for oil and gas exploration and production in the region.
28 lut 2023 · The Downstream Oil Industry Deregulation Act, which was fully implemented in February of 1998, has accomplished much of what it was set to do, mainly to foster “a truly competitive market under...
In 1989, a relatively large field was discovered in offshore Northwest Palawan when Occidental Philippines (Oxy) drilled the Camago-1 Well. The Camago Structure revealed the presence of oil and thick layer of natural gas with associated condensate.
