Prime Energy

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Wednesday, 12 August 2026
30 Jul 2026
2:42PM

Malampaya gas supply deal seen easing power costs for consumers

Prime Energy has signed an Interim Natural Gas Supply Arrangement with South Premiere Power Corp. (SPPC) to supply indigenous Malampaya gas to the 1,200-megawatt Ilijan Power Plant in Batangas, a move the company said will help lower electricity costs by reducing dependence on more expensive imported fuel.
26 Mar 2026
8:37PM

‘Protecting Filipinos from volatility’: Razon’s Malampaya expansion brings new gas online by late 2026

Tycoon Enrique Razon Jr.’s Prime Energy is moving closer to delivering new gas from Malampaya, reinforcing the country’s energy buffer at a time of rising global volatility.
19 Jan 2026
5:01PM

Malampaya East discovery revives push for Philippine energy security

Prime Energy said the successful drilling of the Malampaya East-1 reservoir marks a breakthrough for Philippine energy independence, after confirming a significant new natural gas discovery offshore Palawan. The find, announced by President Marcos, is the first natural gas discovery in Philippine territory in over 10 years and reinforces Malampaya’s role as the country’s only indigenous gas source.
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