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....
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,...
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...
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...
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...
