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...
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...
Energy Secretary Raphael Lotilla is leaving the Philippine National Oil Company-Exploration Corp. (PNOC-EC) to resolve the issues regarding the sale of the Malampaya stake between Shell Philippines Exploration B.V (SPEX) and Udenna...
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...
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...
The MVP Group of Companies is keeping a close eye on the Malampaya gas field following the recent developments surrounding the controversial transactions of Udenna Corporation. In a report by The Philippine...
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...
Udenna Corporation said it can extend the Malampaya gas field’s operability beyond 2027, the original year in which its reserves were projected to be fully depleted. In an interview with the ABS-CBN...
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,...
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...
