Wednesday, July 3, 2013

Philippines:

Chevron Eyes More Geothermal Projects in Philippines (Yahoo! Philippines)

American firm Chevron, via its Filipinized corporate vehicle Philippine Geothermal Production Company, Inc. (PGPC) which is majority owned by the Sy Group, has indicated further investments in geothermal resource exploration and developments in the country.

In a statement to the media, PGPC president Antonio Yee noted that their company is encouraged to inject fresh investments following the issuance of their new service contracts (SCs) by the Department of Energy (DOE).

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