Dennis Uy’s Udenna Corporation has finally raised concerns regarding the production shortfall of the Malampaya gas field, which could worsen the country’s current power problems. Malampaya Energy XP Pte. Ltd. (MEXP), the
A consumer group has reminded Energy Sec. Alfonso Cusi that he is being paid taxpayer money and thus, should focus on electricity rates and the power situation which it says has worsened
The Department of Energy (DOE) said it is looking to have at least five petroleum wells drilled within the West Philippine Sea (WPS) The department particularly said it is expecting the drilling
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 funds to operate the gas project. MEXP
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 Davao-based oil firm holds 7.81% of 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 Red Alerts and rotating brownouts in Luzon
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 minimize greenhouse gas emissions, according to the
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
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
