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Telstra Corp., Australia’s biggest phone company, and San Miguel Corp. (SMC), the diversified conglomerate, are in talks for a possible wireless joint venture in the Philippines.

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                    [Title] => Hawkeye well drilling starts
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The consortium operating Service Contract (SC) 55 in offshore Palawan has started drilling the Hawkeye-1 exploratory well and expects to yield oil or gas in the next two weeks.

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                    [Title] => Energy World readies Quezon power plant
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Energy World Corp. (EWC), an Australia listed energy company, is aiming to have the first 200 megawatt unit of its natural gas-fired power plant in Quezon ready by the middle of the year.

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                    [Title] => Otto Energy stockholders okay Galoc divestment
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Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

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                    [Title] => Alsons Group offers to acquire Indophil for $320 M
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The Alcantara-led Alsons Group has made an all-cash takeover bid for Australia-based gold and copper miner Indophil Resources Ltd.

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                    [Title] => Otto eyes more drilling in Galoc field
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                    [Title] => First Pacific to acquire top food firm in ANZ
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Hong Kong-based conglomerate First Pacific Co. Ltd., led by businessman Manuel V. Pangilinan, is acquiring one of the top food companies in Australia and New Zealand at a discount following results of a due diligence.

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                    [Title] => Nido Petroleum readies drilling of Baragatan oil well in Palawan
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Nido Petroleum Ltd, an oil and gas company listed at the Australian Stock Exchange, said it has mobilized a jack-up rig for the drilling of the Baragatan well in Service Contract 63 in Northern Palawan.

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                    [Title] => DOE okays Nido-Dragon farm-out deal
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Nido Petroleum, an Australian oil and gas company, has obtained the green light from the Department of Energy (DOE) for the first stage of its farm-out agreement with Dragon Oil Plc., a United Arab Emirates (UAE)-based company.

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                    [Title] => Aloguinsan oil exploration: Viability testing starts next week
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The Gas2Grid Limited has mobilized its crew and equipment this week to prepare Rig-2 for “oil production test operations aiming to confirm the commerciality of the Malolos Oil Field.”

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AUSTRALIAN STOCK EXCHANGE

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Otto Energy Ltd., an energy company listed in the Australia, is planning further drilling activities at the Galoc oil field in offshore Palawan late this year or early 2015.

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Nido Petroleum, an Australian oil and gas company, has obtained the green light from the Department of Energy (DOE) for the first stage of its farm-out agreement with Dragon Oil Plc., a United Arab Emirates (UAE)-based company.

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                    [Title] => Aloguinsan oil exploration: Viability testing starts next week
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abtest

SMC, Telstra in talks for potential telco venture

By Iris Gonzales | August 28, 2015 - 10:00am

Telstra Corp., Australia’s biggest phone company, and San Miguel Corp. (SMC), the diversified conglomerate, are in talks...

Business

Hawkeye well drilling starts

August 3, 2015 - 10:00am

The consortium operating Service Contract (SC) 55 in offshore Palawan has started drilling the Hawkeye-1 exploratory well and expects to yield oil or gas in the next two weeks.

Business

Energy World readies Quezon power plant

By Iris Gonzales | March 17, 2015 - 12:00am

Energy World Corp. (EWC), an Australia listed energy company, is aiming to have the first 200 megawatt unit of its natural...

Business

Otto Energy stockholders okay Galoc divestment

By Iris Gonzales | January 21, 2015 - 12:00am

Australia-based Otto Energy Ltd. has obtained shareholder approval of the proposed divestment of its shares in the Galoc oil field in offshore Palawan to Nido Petroleum Ltd.

Business

Alsons Group offers to acquire Indophil for $320 M

By Zinnia B. Dela Peña | September 24, 2014 - 12:00am

The Alcantara-led Alsons Group has made an all-cash takeover bid for Australia-based gold and copper miner Indophil Resources Ltd.

Business

Otto eyes more drilling in Galoc field

By Iris Gonzales | August 22, 2014 - 12:00am

Otto Energy Ltd., an energy company listed in the Australia, is planning further drilling activities at the Galoc oil field in offshore Palawan late this year or early 2015.

Business

First Pacific to acquire top food firm in ANZ

By Neil Jerome C. Morales | July 5, 2014 - 12:00am

Hong Kong-based conglomerate First Pacific Co. Ltd., led by businessman Manuel V. Pangilinan, is acquiring one of the top food companies in Australia and New Zealand at a discount following results of a due dil...

Business

Nido Petroleum readies drilling of Baragatan oil well in Palawan

By Iris Gonzales | May 6, 2014 - 12:00am

Nido Petroleum Ltd, an oil and gas company listed at the Australian Stock Exchange, said it has mobilized a jack-up rig for the drilling of the Baragatan well in Service Contract 63 in Northern Palawan.

Business

DOE okays Nido-Dragon farm-out deal

By Iris Gonzales | April 25, 2014 - 12:00am

Nido Petroleum, an Australian oil and gas company, has obtained the green light from the Department of Energy (DOE) for the first stage of its farm-out agreement with Dragon Oil Plc., a United Arab Emirates (UAE)-based...

Business

Aloguinsan oil exploration: Viability testing starts next week

April 12, 2014 - 12:00am

The Gas2Grid Limited has mobilized its crew and equipment this week to prepare Rig-2 for “oil production test operations aiming to confirm the commerciality of the Malolos Oil Field.”

Cebu News