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...
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...
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...
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...
Energy Sec. Alfonso Cusi said he will not resign following the call of Sen. Sherwin Gatchalian amid the controversy over the sale of Chevron’s 45% share in the Malampaya gas-to-power project to...
(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...
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...
The Udenna unit that that bought Chevron’s 45% stake in the Malampaya gas-to-power project is foreign-owned, according to retired Supreme Court Senior Associate Justice Antonio Carpio. In an interview with the ABS-CBN...
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,...
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...
