The Udenna Group of Davao-based tycoon Dennis Uy defended subsidiary Malampaya Energy XP’s (MEXP) purchase of Shell Philippines Exploration B.V. (SPEX), saying it has the..
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Dennis Uy-led Phoenix Petroleum said that it further increased its market share, based on data from the Department of Energy. As of May 25, the..
The Philippine Competition Commission (PCC) is compiling more evidence in its probe, as it tries to determine if power generation companies’ (gencos) colluded leading the..
The Department of Energy’s (DOE) revised guidelines on accreditation of biofuels will help the country reduce its fuel consumption by 80 million liters while helping..
The Department of Energy (DOE) has admitted that it used an unaudited financial statement of Udenna Group unit UC38 LLC in approving the Dennis Uy-led..
SMC Global Power Holdings (SMCGP), the power generating arm of San Miguel Corporation (SMC), is looking to build a 300-megawatt (MW) pumped-storage hydroelectric power plant..
Sen. Risa Hontiveros has asked the Energy Regulatory Commission (ERC) to suspend the increase in power rates while the investigation on rotational blackouts is still..
The Department of Energy (DOE) will “extensively review” a Udenna Group unit’s purchase of Chevron’s 45% stake in the Malampaya gas facility after the Senate..
Since a non-technical buyer is expected to take over the Malampaya gas-to-power project, Shell Philippines Exploration B.V. (SPEX) said that will undergo a “six-month transition..
Global firms Chevron Corporation and Royal Dutch Shell made over Php350 billion in revenues from the Malampaya gas-to-power project before their respective exits from the..
