News Flash

July 31, 2015, Friday
  • Passenger’s disruptive behavior in Cebupac plane from Dubai forced the crew to make an emergency landing in India. 11 minutes ago |
  • Crew of PH-bound Cebu Pacific plane made a Filipino passenger alight from the aircraft after causing commotion & bomb scare. 11 minutes ago |
  • Enrile attends Sandiganbayan hearing on pork barrel scam. 22 minutes ago |
  • DFA to file third diplomatic protest against Canada over trash. 23 minutes ago |
  • Magnitude 3.4 quake jolts Sultan Kudarat. 23 minutes ago |
  • DPWH to conduct road reblocking in parts of Quezon City & Pasig at 10 pm Friday. 24 minutes ago |
  • UNA admits Pres. Aquino’s endorsement of Roxas has weight. 25 minutes ago |
  • Binay visits communities in Cavite. 26 minutes ago |
  • Binay says Roxas had been dilly-dallying on his presidential candidacy prior to Aquino’s endorsement. 27 minutes ago |
  • Sen. Grace Poe hopes the 2016 election campaign will be about discussions on reforms. 27 minutes ago |
  • Sen. Grace Poe congratulates Mar Roxas for getting Pres. Aquino’s endorsement. 29 minutes ago |
  • Sen. Grace Poe thanks Pres. Aquino for considering her as among those who can continue his administration’s programs. 30 minutes ago |
  • Roxas on serving gov’t: “Ibubuhos ko ang lahat. Wala akong ititira para sa sarili ko.” 5 hours ago |
  • Roxas to the Filipino people: “Mga boss, hindi ko sasayangin ang tiwala ninyo.” 5 hours ago |
  • Roxas on Pres. Aquino: “Pnoy allowed us to imagine again what the Filipino is capable of.” 5 hours ago |
  • Roxas: “Ako si Mar Roxas at tinatanggap ko ang hamon ng ating mga boss.” 5 hours ago |
  • Roxas: “Buong tapang at buong paninindigan kong tinatanggap ang tawag ng daang matuwid.” 5 hours ago |
  • Roxas to Aquino: “I have never met a president who sacrificed so much for the country.” 5 hours ago |
  • Roxas’ voice breaks as he remembers his brother Dinggoy’s memory. 5 hours ago |
  • Roxas says it was his brother Dinggoy who died in 1993 who should have taken on the legacy of serving government. 5 hours ago |
  • Roxas: Dito sa Club Filipino ko unang sinabing “Bayan, bago ang sarili.” 5 hours ago |
  • Pres. Aquino: “Ang magtutuloy sa atin sa Daang Matuwid, ang paniwala ko po, walang iba ang taong ito kundi si Mar Roxas.” 5 hours ago |
  • Pres. Aquino: “Bakit tayo magpapaakit sa ‘baka,’ kung meron namang sigurado?” 5 hours ago |
  • Pres. Aquino: “All of us have the obligation to choose the right President.” 5 hours ago |
  • Pres. Aquino recalls Fmr. Sen. Joker Arroyo used to compare his group as a gathering of people who could fit into a Volkswagen Beetle. 5 hours ago |
  • Kauswagan, Lanao del Norte Mayor Rommel Arnado at Club Filipino praises the peace that Aquino gov’t has put in place in his town. 6 hours ago |
  • Pres. Aquino and DILG Sec. Mar Roxas enter Kalayaan Hall of Club Filipino. 6 hours ago |
  • Program at Club Filipino includes testimonials from Conditional Cash Transfer (CCT) program’s beneficiaries. 6 hours ago |
  • Pres. Aquino’s convoy arrives at Club Filipino in San Juan. 6 hours ago |
  • Fire hits a residential area in Laong Laan, Sampaloc, Manila. 6 hours ago |
  • Road in front of Club Filipino in San Juan currently closed to motorists. 6 hours ago |
  • Liberal Party calls the jam-packed event at Club Filipino ‘A Gathering of Friends.’ 6 hours ago |
  • LP Senators Frank Drilon, Ralph Recto, Bam Aquino & TG Guingona as well as DBM Sec. Butch Abad among those present at Club Filipino. 6 hours ago |
  • ‘Cory Aquino Hall’ in Club Filipino where LP’s event is being held is also where Cory Aquino had taken her oath as PH President. 6 hours ago |
  • ‘Cory Aquino Hall’ in Club Filipino is where Roxas had announced that he was giving way to Aquino for 2010 polls. 6 hours ago |
  • DILG Sec. Mar Roxas arrives at Club Filipino in San Juan with wife Korina Sanchez. 7 hours ago |
  • Program at Club Filipino in San Juan for Pres. Aquino’s endorsement of Mar Roxas’ presidential candidacy begins at 10:30 am Friday. 7 hours ago |
  • Solgen says Manila City Gov’t violated ordinance when it granted zoning & building permits to Torre de Manila’s builders. 22 hours ago |
  • Solgen Florin Hilbay blames Manila City government for the construction of Torre de Manila. 23 hours ago |
  • Ombudsman perpetually bars Ex-ARMM Gov. Zaldy Ampatuan from holding public office. 23 hours ago |
  • Chief Supt. Edgardo Tinio named new Quezon City Police District Chief. 23 hours ago |
  • Binay says Roxas’ campaign will be backed by government’s machinery. 23 hours ago |
  • Binay says Roxas is not a threat to his presidential bid. 23 hours ago |
  • Fire hits a school in Gingoog City, Misamis Oriental. 23 hours ago |
  • Malacanang says the 2016 national budget has no pork barrel allocation. 23 hours ago |
  • DOJ files case against the importer of trash from Canada. 23 hours ago |
  • Alma Moreno and Princess Jacel Kiram to run under UNA’s senatorial slate. 23 hours ago |
  • Binay says he has yet to complete his UNA senatorial slate. 23 hours ago |
  • Mar Roxas visits graves of Roxases at Manila North Cemetery prior to Aquino’s pres’l endorsement. 23 hours ago |
Advertisement

New oil discovery in Cebu declared

By Alena Mae S. Flores | Jan. 04, 2014 at 12:01am

The government formally declared a new oil discovery in the central part of Cebu province, allowing an Australian company to establish a commercial field in the area.

Gas2Grid Ltd. of Australia said the Energy Department approved its application to declare the Malolos-1 oil well on the shore of Cebu as an oil discovery.

“The company advises that the Philippine Department of Energy has formally recognized Malolos-1 as an oil discovery and approved an extension of SC [Service Contract] 44 in order to conduct oil production with the aim of establishing a commercial oil field,” Gas2Grid said in an announcement.

SC 44, issued in 2004, covers 750 square kilometers in central Cebu. Gas2Grid said the one-year extension of the contract would start Jan. 28. The company said it planned to conduct a longer period of oil production testing to establish the commerciality of SC 44 starting February, subject to equipment availability.

The testing is estimated to cost up to $1 million. The recent oil test set the production rates at 100 to 200 barrels per day.

“We consider that the longer- term testing will also enable an independent expert to certify and convert some of the contingent resource of oil in place into proven, probable and possible oil reserves,” it said.

The company said available technical data indicated a possibly much larger Malolos oil field than initially assessed.

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