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oil field

Philippines signs deal with Israeli oil exploration firm

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Philippine President Rodrigo Duterte on October 18 signed a seven-year oil exploration deal with an Israeli firm in a bid to develop the country’s...
Philippines: Oil found on Cebu island

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Australian oil company Gas2Grid reported that it has discovered oil onshore Cebu in the Malolos oil field, saying that reserves could be 4 million...
East Timor Oil Fund Surpasses Oman’s, Bahrain’s

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East Timor’s sovereign wealth fund, the Timor-Leste Petroleum Fund, in June 2013 reached a value of $13.6 billion, surpassing funds of oil-rich Gulf states...

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Indonesia’s largest producer of crude oil, PT Chevron Pacific Indonesia (CPI), has begun a $500 million expansion project at the Duri field on the...