Chevron Approves Leviathan Gas Expansion in Eastern Mediterranean

Malampaya East-1 Gas Field Discovery ✔️ Major energy discovery: President Marcos Jr. announced that the Malampaya East-1 (MAE-1) reservoir — a new natural gas field — has been successfully discovered offshore Palawan, roughly 5 km east of the existing Malampaya gas field. ✔️ Size and potential output: The reservoir is estimated to contain about 98 billion cubic feet of natural gas in place. That amount — when converted — is equivalent to nearly 14 billion kilowatt-hours of electricity in one yea