Issue of May 5, 2019
     
NEWS
Benguet
Ifugao
 
OPINION
 

2019
Panagbenga Flower Festival
 
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Dev’t of untapped gas resources urged
by PNA release

Sen. Sherwin Gatchalian urged the government to aggressively pursue a “Drill, Drill, Drill” program to explore and develop the country's untapped oil and natural gas resources.

Gatchalian, chair of the Senate Committee on Energy, made the call following a ruling of the International Chamber of Commerce in Singapore on the arbitration case filed by Shell Philippines Exploration BV against the government on the Malampaya gas project’s corporate income tax issue.

“With the case now behind us, it is high time for the government to aggressively pursue a ‘Drill, Drill, Drill’ program, so that we can tap these oil and gas resources and use them to achieve Philippine energy independence and pave the way for the country to become an energy exporting powerhouse,” he said.

Gatchalian said there is no longer a legal impediment for investors to undertake oil and natural gas explorations after the $1.1 billion tax case was resolved.

“The multi-billion tax case has been a big specter that discouraged foreign players from conducting petroleum explorations in the Philippines over the past several years and drove away investments in high risk, capital-intensive, and technology-intensive sectors,” he added.


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ENVIRONMENT
CAR universities unveil DOST-funded labs, projects

Ops vs rebels continue amid post

DILG tells LGUs not to issue bldg permit to firms w/o STP

COMELEC to validate alleged overseas absentee voting glitch

PNP says Labor Day generally peaceful

LGU officials advise residents to be ready for the "big one"

DepEd, partners seal agreement

DILG tells officials to grant permits for political rallies

9 students of Abra qualify in scholarship program of DOST

TF urges media to partner with gov’t

JCPC approves revised rules on host benefits


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