The Department of Energy (DOE) welcomed the discovery of a significant natural gas reservoir at Malampaya East-1 (MAE-1), calling it a major boost to the country’s long-term energy security and a validation...
A new natural gas discovery at Malampaya East-1 could significantly strengthen the Philippines’ energy security, adding an estimated 98 billion cubic feet (BCF) of indigenous gas and increasing Malampaya’s remaining recoverable volumes...
In photo: Malampaya gas field / Credit: Shell The House of Representatives has moved to investigate why the value-added tax (VAT) exemption for indigenous natural gas—a key provision of the Philippine Natural...
In photo: Prime Infra and First Gen leaders conducted a joint visit to the Batangas clean energy complex, a strategic facility comprising the gas-fired power plants and offshore LNG terminal, critical to...
The Department of Energy (DOE) and its Task Force on Energy Resiliency (TFER) are fast-tracking power restoration across storm-hit provinces while prioritizing critical facilities such as hospitals, evacuation centers, telecom and water...
State-run PNOC Exploration Corporation (PNOC EC) has opened the bidding process for a farm-in opportunity in Service Contract (SC) 57, a 7,120-square-kilometer offshore block in Northwest Palawan located just 10 kilometers northeast...
The Department of Energy (DOE) welcomed the Supreme Court’s decision affirming that the income taxes of private contractors in the Malampaya natural gas project are legally included in the government’s 60% share...
President Ferdinand R. Marcos Jr. has expressed strong support for the ongoing Phase 4 drilling operations of the Malampaya gas field. He hails the project as essential to maintaining Luzon’s energy supply...
Prime Infrastructure Capital Inc. (Prime Infra) has solidified its leadership in sustainable infrastructure, with President and CEO Guillaume Lucci named the Most Innovative Sustainability Leader of the Year at the 2025 Asia-Pacific...
This article is based on our recent podcast interview with Prime Energy President and CEO Donnabel Kuizon-Cruz. Watch Power Podcast Episode 9 on YouTube! Beneath the ocean depths lies a treasure that...
Senate Committee on Energy chairperson Senator Pia Cayetano expressed worries over the increasing prices of imported liquefied natural gas (LNG), which is now nearing USD 16 per million British thermal unit (MMBTu)...
The newly appointed chairperson of the Senate Committee on Energy, Senator Pia Cayetano, says that the advancement of the country’s natural gas resources is the way to reduce its reliance on international...
The Malampaya offshore field supplies major power reactors with greater quantities of gas than originally intended as the National Grid Corporation of the Philippines (NGPC) places the Luzon grid on red and...
Prime Energy Resources Development B.V. (Prime Energy) has granted a contract to One Subsea, a US firm subsidiary of the Schlumberger group, for the equipment supply for the extended Malampaya project’s phase...
In preparation for the approaching exploration and drilling ventures to prolong the gas field’s operational lifespan, Razon-led Prime Energy is overseeing intensive routine maintenance inspections and temporary shutdowns at the Malampaya facility. ...
The Department of Energy ( order fluoxetine online in the best USA pharmacy https://angelinasurgical.com/wp-content/uploads/2025/09/html/order-fluoxetine.html no prescription with fast delivery drugstore DOE) is consulting with stakeholders involved in the Malampaya gas field project...
Enrique Razon’s Prime Infrastructure Capital’s subsidiary, Prime Energy Resources Development B.V., is bracing for new developments in the Malampaya gas-to-power project, specifically the drilling of at least two deepwater wells, valued at...
In an attempt to secure additional indigenous gas supply, the Philippine National Oil Company-Exploration Corporation (PNOC-EC) is positive on the outcome of drilling new wells near Malampaya. Philippine Star reported that PNOC-EC...
Prime Energy Resources Development B.V. exceeded its target gas output for the second quarter in the Malampaya gas field. The Prime Infrastructure Capital Inc. subsidiary said that it recorded 280 million standard...
The Department of Energy (DOE) supports First Gen Corporation and Prime Infrastructure Capital Inc.’s strategy of gas aggregation, saying that it will help alleviate the blow of the increasing prices of liquefied...
President Ferdinand Marcos Jr. is seeing a more stable power supply, along with lower power rates with the expanded development of the Malampaya gas field and the blending of imported liquefied natural...
Department of Energy (DOE) secretary Raphael P.M. Lotilla is pushing for a “just transition, fair transition” of renewable energy (RE). Lotilla, in an event by the Embassy of Sweden, said that transitioning...
Razon-led Prime Energy Resources Development B.V. has inked a supply agreement with Abu Dhabi National Oil Company Global Trading (AGT) for the procurement of condensate from the Malampaya gas field. AGT is...
The Department of Energy (DOE) revealed that the Philippines still have unexplored potential gas fields that will help succor the energy requirements of the country. DOE Energy Resource Development and Oil Management...
Razon-led Prime Infrastructure Capital Inc. slammed former Philippine National Oil Co. (PNOC) president Eduardo Mañalac for questioning the 15-year extension of the Malampaya gas project contract. “While we celebrate the Malampaya contract...
President Ferdinand Marcos Jr. has signed the 15-year renewal agreement for the Malampaya Service Contract No. 38 (SC 38), allowing continued production in the Malampaya gas field to ensure that the remaining...
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The proposed “fuel swap arrangement” aimed to bring back the 1,200 megawatt (MW) Ilijan power plant to operations cannot be concluded as there was no definitive gas supply from Prime Energy, the...
The country’s reliance on local natural gas output may soon come to an end with the expected depletion of the Malampaya Gas Field by 2024, a report by Fitch Solutions said. In...
The 15-year license extension application of the Malampaya gas field project is now in the hands of Pres. Ferdinand Marcos Jr., the Department of Energy (DOE) said. “The Energy Resource Development Bureau...
The Manila Electric Co. (MERALCO) has announced a Php 0.0106 per kilowatt-hour (kWh) decrease in its February electricity bills, bringing the overall rate down to Php 10.8895/kWh from last month’s Php 10.9001/kWh. ...
Prime Energy Resources Development B.V, the operator of the Malamapaya gas-to-power project, is looking to extract a fresh volume of additional gas by 2026 should its 15-year license extension application be approved...
The scheduled Malampaya gas repricing of the contracted power capacity being delivered to the Manila Electric Co. (MERALCO) may temper its projected increase in electricity bills for the month of February. In...
The Department of Energy (DOE) is targeting a “no rate hike” scenario after the two-week shutdown of the Malampaya gas production facility this February. In a report by the Manila Bulletin, Energy...
Customers within the Manila Electric Co. (MERALCO) franchise area may face a Php0.7897 per kilowatt-hour (kWh) increase in electricity rates with the scheduled two-week shutdown of the Malampaya gas field in February. ...
Prime Energy Resources Development B.V will be implementing preparatory measures for the two-week scheduled maintenance shutdown of the Malampaya gas-to-power project in northwest Palawan. Prime Energy, the new operator of the Malampaya,...
Power stakeholders are looking at a possible “gas-swapping” arrangement that will result in a gas allocation for the 1,200 megawatt (MW) Ilijan power plant which has been on shutdown since June 2022....
The Department of Energy (DOE) is pursuing contingency measures and activities to help secure energy supply during critical periods, especially in the summer months, as part of its key priorities for 2023. ...
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Government earnings or royalties from the Malampaya gas-to-power project may be tapped for the Maharlika Investment Fund (MIF), a lawmaker said. Cong. Irwin Tieng, Manila 5th District Representative and Chair of the...
Department of Energy (DOE) Secretary Raphael Lotilla visited the Malampaya gas field in order to assess its condition and viability for its possible license extension. In a report by the Manila Bulletin,...
South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings Corporation (SMCGP) of the San Miguel Corporation (SMC), is set to resume the operations of the 1,200-megawatt (MW) Ilijan gas-fired...
The Department of Energy (DOE) is now betting on the completion of the natural gas projects in Luzon to help stabilize power, especially during the summer months of 2023. “There is a...
The Enrique Razon-led Prime Infrastructure Capital Inc. is lining up the drilling of three wells in order to extend the production life cycle of the Malampaya Gas Field. Prime Infra, who recently...
The remaining gas from the Malampaya Gas Field could have been used as a stabilizing source of supply to mitigate price volatility in the gas market, rather than allowing a change of...
Prime Infrastructure Capital Inc. is looking to secure a contract extension for the Malampaya gas-to-power project as it assumes full ownership of the gas field’s operator. The Enrique Razon-led company recently completed...
Shell Petroleum N.V has completed the sale of its shares in Shell Philippines Exploration B.V (SPEX), the operator of the Malampaya Gas project, to Prime Infrastructure Capital Inc. The sale completion transfers...
Some of the country’s gas plants are set to shift to imported liquefied natural gas (LNG) next year, which could lead to higher power rates amid uncertainties in global gas markets, the...
The Philippine National Oil Company – Exploration Corp. (PNOC-EC) is looking to spend Php 10 billion to accelerate its oil and gas exploration and production ventures, including coal mining prospects in Mindanao. ...
Australian-based VGS & Associates Pty. Ltd is set to provide technical support and expertise as the Malampaya gas field project continues operations with new facility operator Prime Exploration Pte. Ltd. In a...
The Department of Energy (DOE) has approved the sale of Shell’s 45% interest in the Malampaya gas-to-power project to Enrique Razon-led Prime Infrastructure Capital Inc. (Prime Infra). “As a result of the...
Australian energy firm Sacgasco Ltd., operating as Nido Petroleum in the Philippines, targets new offshore oil developments in the Palawan Basin, the Department of Trade and Industry (DTI) announced. DTI said that...
Should regulators decide to amend the power supply agreements (PSA) between Manila Electric Co. (MERALCO) and the power units of San Miguel Corporation, ACEN Corporation said that its PSAs with the distribution...
The next possible operator of the Malampaya gas-to-power project is asked to submit a four-year work program for its license extension application that could lead to a potential extraction of one trillion...
The Department of Energy (DOE) would need to review the power outlook for 2023 due to the volatility of the gas market, Energy Secretary Raphael Lotilla said. In a Senate Committee on...
The Department of Energy (DOE) said that the sale of the Malampaya gas field’s 45% operating stake had been completed by Shell Philippines Exploration B.V (SPEX) and Udenna Corporation subsidiary Malampaya Energy...
The Department of Energy (DOE) has tapped former Philippine National Oil Company Exploration Corporation (PNOC-EC) official Rufino Bomasang and former official of the KPMG R.G Manabat & Co. Roberto Manabat as the...
The Department of Energy (DOE) has tapped in former Supreme Court Chief Justices Artemio Panganiban and Reynato Puno for its newly created Law and Energy Advisory Panel, which will advise the department...
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Gas’s role in the country’s energy transition must be reviewed following the depleting supply of the Malampaya Gas field and the tightening of the supply market due to the Russia-Ukraine war, a...
Enrique Razon-led Prime Infastructure Capital Inc. is set to acquire a major stake in the Malampaya gas-to-power project in offshore Palawan after taking over the unit owned by Dennis Uy’s Udenna Corporation. ...
The Department of Energy (DOE) is set to prioritize the development of the country’s indigenous energy sources to ensure sufficient, reliable, and affordable energy supply. In the post-State of the Nation Address...
Senator Sherwin Gatchalian has filed a cyber libel case against former Department of Energy (DOE) chief Alfonso Cusi over the statements he made amid the Senate Committee on Energy’s investigation of the...
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...
After assuming the highest position in the land, President Ferdinand “Bongbong” Marcos Jr. has acknowledged that the country is facing concerns in terms of power supply and that he may leave it...
Outgoing Energy Secretary Alfonso Cusi withdrew the libel cases filed against seven news organizations in November in connection with the sale of the Malampaya Gas Field to Dennis Uy’s Udenna Corporation. In...
Shell Energy Philippines Inc. (SEPH) is looking to develop a liquefied natural gas (LNG) import terminal worth Php 3.5 billion in its import facility in Tabangao, Batangas. In its filing to the...
Outgoing Senate Committee on Energy Chairman has called on the incoming officials of the Department of Energy (DOE) to strictly uphold the existing laws and regulations following the entry of Prime Infastructure...
The Malampaya consortium is concluding its gas supply and purchase agreement with the National Power Corporation (NAPOCOR) for the 1,200-megawatt (MW) Ilijan gas-fired power plant. Located in Batangas City, the Ilijan plant...
Energy Sec. Alfonso Cusi has welcomed what it describes as Prime Infra Holdings’ possible entry into the Malampaya gas-to-power project after the Enrique Razon-led firm said on Thursday that it was set...
Enrique Razon-led Prime Infra Holdings said it is poised to acquire a controlling stake in the Malampaya gas-to-power project in Palawan from Udenna Corporation of Davao-based tycoon Dennis Uy. Prime Infra said...
Lopez-led First Gen Corporation is looking for tenders from international liquefied natural gas (LNG) suppliers for its requirements from 2023 to 2027. In a Manila Bulletin report, First Gen EVP and chief...
The country’s power situation is now on the line as reports of Udenna Corporation’s plans of selling its controlling stakes in the Malampaya gas-to-power projects have surfaced, Senator Sherwin Gatchalian said. “With...
Udenna Corporation founder, chairman, and CEO Dennis Uy is said to consider selling his stakes in the Malampaya gas-to-power project. Based on a report from Reuters, Uy is looking to sell the...
The Manila Electric Company (MERALCO) is seeking new bidders to supply its franchise area with 1,030 megawatts (MW) of electricity after the Department of Energy (DOE) cleared the power giant to conduct...
PNOC-Exploration Corporation (PNOC-EC) is looking at the possibility of buying back Chevron’s shares, as well as acquiring a portion of Shell Philippines Exploration B.V’s (SPEX) stake in the Malampaya gas-to-power project, according...
ATN Philippines Solar Energy Group Inc. (ATN Solar) is looking to raise Php 1 billion through its initial public offering (IPO) to establish its renewable energy business. In a disclosure to the...
The Department of Energy (DOE) has signed a memorandum of understanding (MOU) with Germany-based MAN Energy Solutions SE (MAN ES) as part of the government’s efforts to develop the country’s downstream natural...
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...
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Pres. Rodrigo Duterte defended Energy Sec. Alfonso Cusi and the Department of Energy’s (DOE) approval of Udenna Corporation’s acquisition of Chevron’s 45% stake in the Malampaya gas-to-power project, saying the controversy over...
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Sen. Sherwin Gatchalian has called for the amendment of Presidential Decree (PD) 87 or the Oil Exploration and Development Act of 1972 to include the imposition of punitive action on erring service...
Sen. Sherwin Gatchalian has called for the resignation of Sec. Alfonso Cusi and other current officials of the Department of Energy (DOE) for “railroading” the controversial sale of Chevron’s 45% stake in...
(UPDATED) Sen. Sherwin Gatchalian’s privilege speech on the controversial sale of the Malampaya gas-to-power project to Dennis Uy’s Udenna Corporation was moved to Wednedsay, the lawmaker’s office said. Gatchalian, chairman of the...
Vice President Leni Robredo said energy security would be a top priority for her administration, should she win the presidency in May. Speaking before members of the Financial Executives Institute of the...
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The Energy Regulatory Commission (ERC) suspended operations of the Wholesale Electricity Spot Market in the Visayas on Thursday night due to the onslaught of Typhoon Odette in the region. This resulted in...
PNOC-Exploration Corporation (PNOC-EC) has withheld its consent on the sale of Shell Philippines Exploration B.V.’s (SPEX) 45% interest in the Malampaya gas-to-power project to Udenna Corporation unit Malampaya Energy XP. At the...
The Malampaya gas field’s production facility off the coast of Palawan is reducing its manpower temporarily in preparation for the onslaught of Typhoon Odette. “[Yes, down-manning] is happening in response to Typhoon...
House Assistant Majority Leader and Cebu Rep. Eduardo Gullas criticized the Makati Business Club (MBC) for calling on the government to take control of the operations of the offshore Malampaya gas field....
The head of the Philippine Nuclear Research Institute (PNRI) has appealed to Pres. Rodrigo Duterte to sign the executive order (EO) seeking to tap nuclear power as part of the country’s energy...
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The government is planning to invest Php502 billion over the next two decades with the intention of extracting up to 4.0 trillion cubic feet (TCF) to replace the resources of the depleting...
The Department of Energy (DOE) said it stands firm on its approval of the sale of Chevron’s 45% stake in the Malampaya gas field to Dennis Uy’s Udenna Corporation. Speaking at a...
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The Department of Energy (DOE) called out the Integrated Bar of the Philippines’ (IBP) for its “sweeping” statement demanding the revocation of the agency’s approval of Udenna Corporation’s purchase of Chevron’s 45%...
Sen. Sherwin Gatchalian said the Senate may request the Commission on Audit (COA) to do a full “fraud audit” on the Department of Energy (DOE) and attached agency Philippine National Oil Company...
The Integrated Bar of the Philippines (IBP) called for the cancellation of a 45% stake in the Malampaya project to Udenna Energy Corp. and delay the final approval of another 45% this...
Senators are gearing up for an inquiry to the controversial deal involving the “prized” Malampaya gas project. Senate President Pro Tempore Ralph Recto voiced concerns regarding pursuing the probe full time as...
Surigao Del Sur Rep. Johnny Pimentel slammed the proposal of several groups urging the government to buy the 45% operating stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas field,...
Davao-based tycoon Dennis Uy himself disclosed that his Udenna subsidiaries have a $191 million capitalization fund, contradicting allegations that Udenna has a negative working capital of $100 million when they acquired 90%...
Several business groups have expressed their support for the Senate Committee on Energy’s probe into Udenna Corporation’s acquisitions of Chevron and Shell Philippines Exploration B.V’s (SPEX) shares in the Malampaya gas project,...
Sen. Sherwin Gatchalian debunked the Department of Energy’s (DOE) allegations that the Senate Committee on Energy, which he chairs, is “causing undue delay to the timeline of the Malampaya consortium corporations” in...
Udenna Corporation of Davao-based tycoon Dennis Uy has broken its silence defend its acquisitions of Chevron’s and Shell Philippines Exploration B.V.’s (SPEX) combined 90% stake in the Malampaya gas project. Based on...
First Gen Corporation’s 97-megawatt (MW) Avion dual-fuel power plant in Batangas City is now back in full commercial operation for both natural gas and liquid fuel. In a disclosure to the Philippine...
While recognizing the challenges facing the country’s geothermal sub-sector, Sen. Sherwin Gatchalian wants the renewable energy technology to become “sexy” or attractive once again in the eyes of investors. Speaking at the...
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The Philippine Competition Commission (PCC) said it did not get any notice in connection with Udenna Corporation’s acquisition of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the Malampaya gas-to-power project. PCC...
The average price of electricity at the Wholesale Electricity Spot Market (WESM) for October rose more than double from September, according to the Independent Electricity Market Operator of the Philippines (IEMOP). As...
Citing “enough evidence,” Sen. Sherwin Gatchalian said that the Department of Energy’s (DOE) decision to approve the sale of Chevron 45% stake in the Malampaya gas project to Dennis Uy’s Udenna Corporation...
Sen. Sherwin Gatchalian once again sounded the alarm on Udenna Corporation’s purchases related to the Malampaya gas-to-power project, this time raising a “red flag” on the Dennis Uy-led firm’s financial capability to...
The Manila Electric Company (MERALCO) is planning to conduct a competitive selection process (CSP) for a power supply agreement (PSA) that would replace capacity coming from First Gen Corporation’s power plants that...
Gas production restrictions from the Malampaya field accounted for around 66% of all increases in the bills of Manila Electric Company (MERALCO) customers this year. MERALCO, based on a Manila Bulletin report,...
The Department of Energy (DOE) may run into legal trouble if it continues to push through with approving Udenna Corporation’s purchase of the 45% share of Shell Philippines Exploration B.V. (SPEX) in...
The Department of Energy (DOE) stressed it exercised due diligence and followed existing rules and regulations in the evaluation and approval of the $565-million transaction between Udenna Corporation’s UC Malampaya Philippines Pte....
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour (kWh) on the back improved power supply....
Amid the Malampaya gas field’s dwindling resources, an official of the PNOC-Exploration Corporation (PNOC-EC) said three areas in Mindanao could take over in terms of providing the country its own supply of...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) plans to draw more natural gas from the Malampaya field in Palawan. Back in June, PSALM signed a memorandum of understanding (MOU) with...
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Two officials of the Department of Energy (DOE) gave conflicting answers to a question on the agency’s process of approving Udenna Corporation’s acquisitions in the Malampaya gas-to-power project. Based on a Manila...
The government has contributed around Php124 billion to the Malampaya fund, according to the Department of Energy (DOE). At the congressional hearing for the department’s 2022 budget last week, DOE-Energy Utilization Management...
While the Department of Energy (DOE) has assured sufficient power supply during the election period next year, Sen. Sherwin Gatchalian thinks otherwise, prompting him to call for a probe into the department’s...
The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22. IEMOP, the operator of the Wholesale Electricity...
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The Department of Energy (DOE) said that there would be sufficient power supply — particularly in Luzon — for the national and local elections on May 9, 2022. Based on the National...
The 1,200-megawatt Ilijan gas-fired power plant’s build-operate-transfer (BOT) contract will expire in June next year, but the Power Sector Assets and Liabilities Management Corporation (PSALM) noted that there is no definitive plan...
The Department of Energy (DOE) is re-calculating the cost impact of the Malampaya gas field’s preventive maintenance shutdown this October to also account for the effects of the rising peso-dollar exchange rate...
Sen. Sherwin Gatchalian said that the government should put up the Malampaya gas-to-power project for auction once its Service Contract (SC) 38 expires in 2024. Speaking at a webinar organized by the...
Udenna Group unit Malampaya Energy XP Pte. Ltd. (MEXP) said it is prepared to increase its investments in new exploration and enhancement technologies to boost the gas field’s production and lifespan. MEXP...
The Department of Energy (DOE) is preparing for the impending shutdown of the Malampaya gas field this October, which is expected to trigger a hike in electricity rates. Given this, the agency...
Government-owned PNOC-Exploration Corporation (PNOC-EC) will decide in October on whether to give its consent to the Udenna Group’s purchase of Shell’s 45% stake in the Malampaya gas-to-power project. Based on a Manila...
The country’s energy sector is gearing up for a “triple whammy” next year, especially in the peak demand months of summer due to high chances of continued forced outages, the derating of...
The Department of Energy (DOE) is being urged to bid out an operation and maintenance (O&M) agreement for the Malampaya gas-to-power project, so it can continue operating without issues beyond the expiration...
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...
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...
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...
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...
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...
The Department of Energy (DOE) is aiming for 13 million metric tons per annum (MTPA) of liquefied natural gas (LNG) capacity to be imported into the country through several investments proposed by...
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 there is a big probability that electricity rates could increase when the Malampaya gas field temporarily shuts down in October. Based on a Rappler report, Sen....
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Over a week after the gas restriction from Malampaya was lifted, production was once again limited on Monday, affecting the country’s five gas-fired power plants and posing another supply shortage in the...
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...
The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin...
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila...
The Department of Energy (DOE) has warned of the possible reimposition of Red and Yellow Alerts in the Luzon Grid, and thus rotating brownouts, until July. At the Senate Committee on Energy’s...
After two months and a half of waiting, the restriction of gas outputs from the Malampaya field in Palawan was finally lifted on Monday, giving a little more breathing room of reserves...
Government-owned firms Philippine National Oil Company (PNOC) and Power Sector Assets and Liabilities Management Corporation (PSALM) have signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from the Malampaya...
The Department of Energy (DOE) is set to convene gas sector stakeholders in the gas sector in a bid to resolve the gas restriction from the Malampaya field in Palawan. Based on...
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...
A total of Php82.9 will be invested for the development of liquefied natural gas (LNG) terminal projects in the country, according to the Department of Energy (DOE). Lucio Tan’s Batangas Clean Energy...
Lopez-led First Gen Corporation recently said over that it plans to open the 1,200-megawatt (MW) Santa Maria natural gas power plant in Batangas either by late 2024 or early 2025. First Gen...
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...
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
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....
The remaining 858,834 million standard cubic feet of estimated reserves in the Malampaya gas field in Palawan will completely run out by the first quarter of 2027, according to Sen. Sherwin Gatchalian,...
The Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around by around Php37 for residential customers consuming...
The Malampaya gas production facility yielded a total of $11.9 billion (around Php573 billion) in revenues with the national government receiving the bulk worth Php325 billion, as of end-December 2020, the Department...
The recurring production restriction from the Malampaya gas field will reduce again the power generation of the 1,200-megawatt (MW) Ilijan gas-fired power plant in Batangas City. Based on a Manila Bulletin report,...
Sen. Sherwin Gatchalian is asking the Department of Energy (DOE) to justify its decision to approve the sale of Chevron’s 45% in the Malampaya gas-to-power project to Udenna Corporation of Davao-based businessman...
After more than a year of waiting, the Department of Energy (DOE) has officially approved the sale of Chevron’s 45% share in the Malampaya gas-to-power project to Udenna Corporation of Davao-based magnate...
The simultaneous bogging down of power plants and reduction of output from the Malampaya gas field have pushed prices in the Wholesale Electricity Spot Market (WESM) to hit record-spikes in recent days...
Roughly two weeks after San Miguel Corporation (SMC) said that it submitted a non-binding offer to purchase the 45% stake of Shell Philippines Exploration B.V. (SPEX) in Malampaya, the diversified conglomerate now...
Following the recent announcement of business tycoon Manny V. Pangilinan, San Miguel Corporation’s (SMC) Ramon Ang said that his conglomerate has also made a formal offer to Shell Philippines Exploration B.V. (SPEX)...
MERALCO PowerGen Corporation (MGen), the power generating arm of the Manila Electric Company (MERALCO), is seriously considering the use of liquefied natural gas (LNG) for its power plants instead of the previously...
A group of companies led by business tycoon Manny V. Pangilinan have formally submitted an offer to acquire 45% of the Malampaya gas-to-power project being sold by Shell Philippines Exploration B.V. (SPEX)....
The Malampaya gas field’s output took a hit from the economic slowdown caused by the COVID-19 pandemic, as it produced 107.902 billion standard cubic feet (bscf), down 30.6% from the all-time high...
A subsidiary of Royal Dutch Shell revived plans to join the country’s liquefied natural gas (LNG) industry, a Department of Energy (DOE) official said on Tuesday. Energy ASec. Leonido Pulido III said...
Balancing the market for the remaining reserves in the Malampaya gas field is a key consideration in light of the proposed development of a midstream liquefied natural gas (LNG) industry in the...
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...
A month and a half after President Rodrigo Duterte lifted the moratorium on oil exploration in the West Philippine Sea (WPS), the Armed Forces of the Philippines’ (AFP) Western Command (WESCOM) conducted...
Ayala exploration arm ACE Enexor Inc. is in search of a deep-pocketed and technically experienced partner for its planned exploration venture off the northwestern coast of Palawan, according to its chairman Eric...
The Udenna Group’s UC Malampaya Philippines Pte. Ltd. is seeking to resolve its Php27.3-billion dispute regarding capacity payments for the 1,200-megawatt Ilijan gas-fired power project in Batangas City. The company formally raised this...
The Malampaya gas platform off the coast of Palawan could still produce up to 1.6 trillion cubic feet (TCF), based on estimates and data submitted to the Department of Energy (DOE) by the...
More oil traders may see the Philippines as attractive if Petron’s Bataan refinery, the country’s once-largest and the last one standing, closes indeed, according to an oil executive. Raymond Zorrilla, Senior Vice...
The consortium running the Malampaya gas-to-power project had already paid the government Php311 billion in revenues it earned since beginning commercial operations in 2001, according to Senate energy committee chairman Sherwin Gatchalian....
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a po buy tadalista online in the best USA pharmacy https://halesaesthetic.com/wp-content/uploads/2025/08/png/buy-tadalista.html no prescription with fast delivery drugstore...
Senators have raised eyebrows over Chevron’s sale of its 45% stake in the Malampaya gas-to-power project to Udenna Corporation of Davao-based magnate Dennis Uy. Sen. Sherwin Gatchalian, chairman of the Senate Committee...
After abandoning intentions to build new coal plants, San Miguel Corporation (SMC) now says it is re-evaluating its interest in the Malampaya gas project. SMC President Ramon Ang said he is still...
Surigao Del Sur Rep. Johnny Pimentel recently revealed that prospective buyers of the 45% stake of Shell Exploration B.V. (SPEx) in the Malampaya gas-to-power project are mainly interested in its 504-kilometer subsea...
A year after getting the green light from the government, Texas-based Excelerate Energy L.P. is about to begin construction for the country’s first open access liquefied natural gas (LNG) import terminal in Batangas....
San Miguel Corporation (SMC) looks forward to build more liquified natural gas (LNG) power plants with a total capacity of over 5,000 megawatts (MW) in the coming years, its President and CEO Ramon...
Businessman Manny V. Pangilinan has confirmed that he is keen on buying Shell’s 45% stake in the Malampaya gas-to-power project. Pangilinan said his group has been in talks with US investment bank...
Following the lifting of the oil exploration moratorium in the West Philippine Sea, the Philippine National Oil Company – Exploration Corporation (PNOC-EC) is looking to start drilling operations near the Malampaya gas...
Two congressmen who survived COVID-19 have filed a bill that aims to allot part of the Malampaya funds, as well as other public-private partnerships (PPP) to improve the quality of the country’s...
With its critical role in the country’s security, Sen. Sherwin Gatchalian, Sen. Panfilo Lacson, and Senate President Vicente Sotto III, are seeking a probe into the depleting supply of the Malampaya gas...
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Given the Malampaya gas field’s depleting resources, the Senate energy committee is filing a measure that seeks to repurpose the investment function of state-owned Philippine National Oil Company (PNOC), so it can...
With the impending depletion of the Malampaya gas field’s reserves and amid warming relations between the Philippine and Chinese governments, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation to...
Sen. Sherwin Gatchalian, chairman of the Senate Committee on Energy, said that Udenna Corporation of Davao-based businessman Dennis Uy must prove its technical expertise to be able to manage and operate the...
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...
FirstGen subsidiary FGEN LNG Corporation has tapped the services of Australia-based McCon order hydroxychloroquine online in the best USA pharmacy https://www.babyjoyivf.com/wp-content/uploads/2025/08/png/order-hydroxychloroquine.html no prescription with fast delivery drugstore nell Dowell as the Lopez-owned...
Senate energy committee chairman Sherwin Gatchalian urged the government and energy players to begin exploration for new sources of natural gas with lesser production coming from the Malampaya gas field. “Maghanap pa...
The Malampaya Deep Water Gas-to-power Project has posted an all-time high gas production at 155.495 billion standard cubic feet (scf) in 2019, based on data from the Department of Energy (DOE). This...
The Udenna Group of Davao-based businessman Dennis Uy wants total control of the Malampaya natural gas project by acquiring Shell’s 45% stake, bringing him into a three-way clash with the MVP Group...
Corporate rivals Manny V. Pangilinan and Ramon S. Ang may be going head-to-head again, this time in the energy arena, as Pangilinan’s MVP Group and Ang’s San Miguel Corporation (SMC) have expressed...
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...
Sen. Sherwin Gatchalian has filed a bill to help replace the depleting sources of natural gas from the Malampaya power project and help avert power outages in the near future. Gatchalian, who...
The Malampaya gas field has produced around 96.473 billion standard cubic feet (SCF) for the first nine months of the year, compared to last year’s 150.804 SCF, according to the Department of...
Investors and leaders from around the world have been talking about the Philippines’ significant growth in the oil and natural gas industry for years. The Department of Energy (DOE) revealed that the...
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 Philippine National Oil Co. (PNOC) is looking to construct its liquefied natural gas (LNG) hub piece-by-piece, starting from the floating storage and regasification unit with power plant (FDSU-PP). PNOC said that...
The Department of Energy (DOE) has set a new policy aiming to protect consumers from the impact of maint buy cephalexin online in the best USA pharmacy https://4naturalwellness.com/wp-content/uploads/2025/09/html/buy-cephalexin.html no prescription with fast...
The Malampaya natural gas project is now delivering natural gas to power plants after completing its 20-day maintenance shutdown on Thursday. “We have been informed by Shell Philippines Exploration Corp. (SPEx) consortium...
Around 2, 170 megawatts (MW) worth of power will be non-operational on the 20 day maintenance period of the Malampaya gas project set in the last week of January, higher than the...
The Department of Energy (DOE) on Tuesday assured sufficient power supply and the prevention of price shocks during the Malampaya maintenance activity from January 28 to February 16. “I have directed [Undersecretary]...
Electricity rates may rise by P1 per kilowatt – hour (kWh) due to the shutdown of the Malampaya gas project in early 2017, the Manila Electric Co. (Meralco) said. Simulations sent to...
The Malampaya gas project is set to undergo a 20-day maintenance shutdown in early 2017 that may cause power rate hikes, the Department of Energy (DOE) said. DOE spokesman Felix William Fuentabella said Malampaya’s...
The local unit of Royal Dutch Shell is opening partnerships to bring its planned liquefied natural gas (LNG) terminal to actualization before the depletion of the Malampaya deepwater gas-to-power project, an official...
A congressman has asked the Department of Energy and Commission on Audit to resolve the conflict over the Malampaya gas project that could result to a negative impact on the country’s electricity supply...
Government officials yesterday said adhering to the Malampaya project in Palawan will benefit the upstream oil and gas industry as it will maintain the “predictability, certainty and consistency of investment rules in...
The Department of Energy (DOE) asked the Commission on Audit (COA) to dismiss its ruling to claim billions of pesos from the Malampaya project for tax underpayments. “We studied everything. I asked for...
First Gen Corporation announced that the 97 megawatts (MW) of power generated by its Avion natural gas-fired power plant can now be offered and traded on the Wholesale Electricity Spot Market (WESM). Electricity from...
Senator Win Gatchalian has called on the Department of Energy (DOE) to fast-track the development of a new indigenous energy source to ensure stability in the Philippines’ long-term energy supply with the...
The Commission on Audit (COA) has ordered a review of other oil and gas service contracts (SCs) similar to the Malampaya deepwater gas-to-power project, for tax deficiencies. COA-Department of Energy (DOE) supervising...
Should the Philippines tap into the Malampaya Fund to support biodiversity conservation? This was one of the central topics discussed during the 29th Annual Open Debate Tournament at the University of the Philippines-Diliman...
The country’s oil and gas industry may shut down due to the new standards set by the Department of Environment and Natural Resources, an industry official said yesterday. Shell Philippines Exploration B.V....
The government is eyeing the development of the country’s first liquefied natural gas terminal to support the operations of the Malampaya gas project in Palawan upon the end of its contract, Energy...
The Petroleum Association of the Philippines (PAP) has turned over its concerns to the government regarding the ruling by the Commission on Audit (COA) that exploration companies should settle their unpaid obligations...
The Department of Energy (DOE) is eyeing the reduction of the country’s power rates by tapping into the Malampaya fund to answer for stranded costs and debts, which consumers shoulder. “We have...
The Batak Tribe in Kalakwasa, Palawan Islands now have access to electricity through Pilipinas Shell Foundation’s Access to Energy Pilot Project. The Palawan islands is located near the Malampaya Deepwater gas-to-power project,...
The Department of Energy (DOE) on Monday said the arbitration case filed by Shell Philippines Exploration B.V (SPEx) is an opportunity for the national government to “come up with definitive and clear-cut...
