As it nears depletion, the Malampaya gas field was only able to produce 79.054 billion cubic feet (bcf) of natural gas in 2021, a huge decline from the 141.732 bcf recorded in...
Concerned Filipino-Americans have filed complaints against Chevron Corporation before the United States Securities and Exchange Commission (US SEC) over the sale of its interests in the Malampaya gas field to Dennis Uy’s...
The Udenna unit that that bought Chevron’s 45% stake in the Malampaya gas-to-power project is foreign-owned, according to retired Supreme Court Sen buy topamax online in the best USA pharmacy https://www.unwo.org/wp-content/uploads/2025/09/html/buy-topamax.html no...
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series...
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil...
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 firm’s acquisition of Chevron’s 45% stake in...
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 questioned the sale of Shell’s 45% share...
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 venture. Based on a Manila Bulletin report,...
Dennis Uy-led Udenna Group’s acquisitions of the Malampaya gas-to-power underwent intense scrutiny at the Senate’s hearing on Wednesday, with the Department of Energy (DOE) taking much of the heat. Senate energy committee...
Senate energy committee chairman Sherwin Gatchalian has urged the Department of Energy (DOE) to be transparent in its review of the Udenna Group’s purchase of the 45% stake of Shell Philippines Exploration B.V....
Despite controversies over Udenna Corporation’s purchase of Chevron’s 45% stake in the Malampaya gas-to-power project, Sec. Alfonso Cusi said that the Department of Energy (DOE) sees no “violation” in the transaction, which...
Phoenix Petroleum Philippines, Inc. of Davao-based tycoon Dennis Uy is now among the country’s “Big Three” oil industry players. Data from the Department of Energy (DOE) in the first half of the...
Shell Philippines Exploration B.V. (SPEX) is eyeing the sale of its 45% interest in the $4.5 billion Malampaya deep water gas-to-power project. In a report from Reuters, the company said the proposed...
Chevron Corporation is formally seeking ‘right of first refusal’ from energy partners Shell Philippines Exploration B.V. (SPEX) and Philippine National Oil Company-Exploration Corporation (PNOC-EC) following the buyout offer presented by the Udenna...
The Ayala Group’s AC Energy Holdings Inc. and its partners have sealed the purchase and acquisition of the Indonesian geothermal assets and operations of Chevron. These include the Darajat and Salak geothermal...
Ayala’s AC Energy Holdings Inc. and its partners have acquired the Indonesian and Philippine geothermal assets of Chevron Corp. The Indonesian consortium, with members AC Energy, Electricity Generating Public Company Ltd., Star...
The Aboitiz group is finalizing a consortium to bid for Chevron Corporation’s assets in the Philippines and in Indonesia once auctioned within the year. The company is currently in talks with potential...
Three local companies are eyeing the geothermal assets of Chevron in the country, after the American energy company was seen unloading its geothermal units in the Philippines and Indonesia. The Ayala Corporation,...
Chevron Philippines Inc. (CPI) is set to retain its position as the top three oil player in the country by building 32 new retail stations 25 percent of which will be in Mindanao. CPI...
