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Petroleum: PIAC tells govt to develop a framework to improve investment in existing producing fields

However, PIAC reiterates its call on the government, through the Petroleum Commission, to develop a framework to improve investment in existing producing fields, particularly the Tweneboa Enyenra Ntomme (TEN) Oil Field, where production has underperformed initial projections, improve the existing regulatory and fiscal frameworks, and improve data acquisition in new basins.

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Defense chiefs of S. Korea, US to hold talks in Philippines ahead of ASEAN meeting

This composite photo shows Defense Minister Kang Shin-chul, left and U.S. Defense Secretary Pete Hegseth / AFP-Yonhap Defense Minister Kang Shin-chul and U.S. Defense Secretary Pete Hegseth will hold their first bilateral talks in the Philippines this week ahead of a ministerial meeting led by the Association of Southeast Asian Nations (ASEAN), a source familiar…

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