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Tuesday, February 25, 2025

Prime Power CEO elected chair of upstream oil, gasoline group


Prime Energy CEO elected chair of upstream oil, gas group

Donnabel Kuizon Cruz, president and CEO of Prime Power, has been elected chairperson of the Philippine Petroleum Affiliation of the Upsteam Business (Oil & Fuel), Inc. (PAP). PHOTO FROM PRIME ENERGY

MANILA, Philippines—Donnabel Kuizon Cruz, president and CEO of Prime Power, has been elected chairperson of the Philippine Petroleum Affiliation of the Upsteam Business (Oil & Fuel), Inc. (PAP).

Established in 2013, the PAP is a non-profit group composed of firms engaged in upstream petroleum operations. Its members account for the nation’s complete oil and gasoline manufacturing.

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Along with advocating for the pursuits of upstream oil and gasoline business contributors, PAP collaborates with the federal government on key initiatives, together with the PH-Extractives Business Transparency Initiative led by the Division of Finance and the Division of Power’s 2024 Bid Spherical Launch.

Except for Prime Power, operatoe of the Malampaya has subject,

member firms embody Nido Petroleum Philippines Pty. Ltd., Oriental Petroleum and Minerals Company, PXP Power Company (previously Philex Petroleum Corp.), PetroEnergy Assets Company, The Philodrill Company, PNOC Exploration Company, Enex Power Corp., UC38 LLC, Anglo Philippine Holdings Company, NPG Pty. Ltd. and Alcorn Petroleum and Minerals Company.

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Affiliate members embody key service and help firms comparable to CSA Assets, BenLine Businesses, Royal Cargo, Sycip Gorres Velayo & Co., and Desco Inc.

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At its lately held annual membership assembly in Parañaque Metropolis, PAP members expressed their full confidence in Cruz’s management and strategic imaginative and prescient for a safe and sustainable vitality future.

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“I’m deeply honored by the belief and confidence of my friends within the business. As we transfer ahead, PAP stays dedicated to working carefully with the federal government and stakeholders in guaranteeing a secure and sustainable vitality future for the Philippines,” Cruz mentioned on the PAP gathering attended by Power Undersecretary Alessandro O. Gross sales.

Cruz leads Prime Power, a subsidiary of Prime Infra and is the operator of the Malampaya Deep Water Fuel-to-Energy Mission, which provides roughly 20% of Luzon’s electrical energy wants.

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With over 20 years of expertise within the vitality sector, Cruz has performed a key position in shaping the nation’s upstream business. Earlier than main Prime Power, she constructed a robust observe file in exploration and manufacturing, asset administration, and regulatory affairs.

“Collectively, we are going to proceed advancing the accountable improvement of the nation’s oil and gasoline assets, serving to construct a stronger financial system and a greater future for Filipinos,” Cruz mentioned.



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This dedication is mirrored in Prime Power and the opposite Malampaya Service Contract 38 (SC 38) consortium members’ goal of delivering new gasoline by 2026 by means of the drilling of two manufacturing wells and one exploration properly in 2025.



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