The Department of Energy (DOE) stressed it exercised due diligence and followed existing rules and regulations in the evaluation and approval of the $565-million transaction..
Tag Archives: Udenna Group
Senate energy committee chairman Sherwin Gatchalian said the Department of Energy (DOE) “bent rules” instead of protecting the public to approve Udenna Corporation’s purchase of..
Government-owned PNOC-Exploration Corporation (PNOC-EC) will decide in October on whether to give its consent to the Udenna Group’s purchase of Shell’s 45% stake in the..
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 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..
Dennis Uy-led Phoenix Petroleum said that it further increased its market share, based on data from the Department of Energy. As of May 25, the..
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..
Dennis Uy-led Udenna Group’s acquisitions of the Malampaya gas-to-power underwent intense scrutiny at the Senate’s hearing on Wednesday, with the Department of Energy (DOE) taking..
