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 operation” on the platform as part of
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.
The Department of Energy (DOE) said it is currently reviewing Dennis Uy-led Udenna Group’s purchase of Shell’s 45% stake in the Malampaya gas-to-power project. In an interview on the ABS-CBN News Channel
Four major foreign banks will reportedly fund Davao-based businessman Dennis Uy’s $460 million acquisition of the 45% stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas-to-power project. Based on a
Shell said that it has exercised “careful consideration” in deciding to sell its 45% share in the Malampaya gas-to-power project to Dennis Uy’s Udenna Corporation nearly two weeks ago. In a report
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to
The Senate Committee on Energy will conduct an inquiry into the status of the sale of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the Malampaya gas-to-power project, its chairman Sen. Sherwin
Dennis Uy’s Udenna Corporation now controls the consortium running the Malampaya gas field in Palawan with 90% ownership after it purchased Shell Philippines Exploration B.V. (SPEX). Udenna subsidiary Malampaya Energy XP Pte.
