Philippine National Oil Company signs MOU with Ofi Invest to develop biomethane

In the Philippines, the Philippine National Oil Company (PNOC) and Ofi Invest Group of France signed a Memorandum of Understanding on December 12, 2025, establishing a structured cooperation framework to examine the role of biomethane and circular-economy technologies in supporting the Philippines’ long-term sustainability and energy-transition agenda. 

The MoU brings together PNOC with Ofi Invest, its subsidiary Syncicap Asset Management, and Grow Capital Partners to carry out technical studies, feedstock assessments, and knowledge exchange activities benchmarked against mature European biomethane markets.