As demand for energy continues to rise in conjunction with the growing economy, the Philippine upstream oil and gas segment is struggling to bring new domestic sources of hydrocarbons to the market. With the country’s most productive legacy fields now past their prime, investment is needed to tap into new fields and curtail the steady decline...
With the power segment poised to rebound while the oil and gas segment struggles to keep pace with surging demand, the Philippine energy sector is very much in flux. However, years of significant investment in power are now beginning to bear fruit, with thousands of megawatts of new capacity slated to come on-line over the next decade.
Higher power demand and a more stable political and social climate in the Luzon and Visayas regions have largely driven electricity development in the Philippines in recent decades, with these areas easily outpacing the more isolated island of Mindanao in terms of the expansion of power generation and distribution capabilities. In terms of...
With the power segment poised to rebound while the oil and gas segment struggles to keep pace with surging demand, the Philippine energy sector is very much in flux. However, years of significant investment in power are now beginning to bear fruit, with thousands of megawatts of new capacity slated to come on-line over the next decade. The arrival of this new electricity supply, in the form of...
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