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The Philippine National Oil Company (PNOC) is a government-owned and controlled corporation (GOCC) established in 1973 to help ensure an adequate and stable supply of oil and petroleum products for the Philippines. Its mandate was subsequently expanded to include the exploration, development and utilisation of the country’s energy resources.
Today, PNOC plays a strategic role in the Philippine energy sector, working to develop energy resources and infrastructure while complementing private-sector efforts to advance new and sustainable energy sources. Its activities include energy investments, asset management, energy projects and industrial infrastructure. PNOC also oversees subsidiaries involved in areas such as oil and gas exploration and renewable energy.
PNOC has also identified sustainable energy development and energy efficiency as part of its broader mandate, supporting the Philippines’ efforts towards energy security and a more sustainable energy future.
