Dept of Energy (DOE) Undersecretary, Jay Layug, announced that they are working on an agreement for the transfer of the Pilipinas Shell Petroleum Corp’s (PSPC) Laguna Compressed Natural Gas (CNG) station to the PNOC-Exploration Corp (PNOC-EC). There are about 40 CNG powered buses in the country today with the the government hoping to have 1000 plying the streets in 3 years. One of the major problems voiced by the bus operators was the lack of CNG to power the buses.
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It was announced that the stakeholders of Service Contract 56 (SC56) ExxonMobil Exploration, Production Philippines B.V., Mitra Energy (Philippines) Ltd. and BHP Billiton (International Exploration Pty Ltd) had completed the requirements of the said service contract by the drilling of 4 exploratory wells at the South Sulu Sea. 

