The Department of Energy (DOE) said it will implement the 60-40 ownership rule in joint explorations with China in the West Philippines Sea (WPS). Energy..
Tag Archives: oil exploration
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..
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. ..
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..
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..
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..
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..
Businessman Manny V. Pangilinan, who leads the Service Contract (SC) 72 consortium, said he needs a technical partner to proceed with the exploration of the..
