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
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 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
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.
