December 9, 2021

Malampaya lifespan beyond 2027 certain

By Maria Romero – December 9, 2021 02:30 AM from Daily Tribune The multi-billion-dollar transactions of the subsidiaries of Udenna Corp., the diversified company of Davao City magnate Dennis Uy, involving the Malampaya deepwater gas-to-power project have been stalled over […]
December 9, 2021

House leader thumbs down government takeover of Malampaya

BY JOVEE MARIE DE LA CRUZ – DECEMBER 8, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. A LEADER of the House of Representatives on Wednesday rebuffed the call of a business […]
December 9, 2021

Ayala Energy sells 2.7m shares to a unit of GIC

By Alena Mae S. Flores – December 06, 2021 at 06:10 pm from manilastandard.net AC Energy and Infrastructure Corp., a unit of conglomerate Ayala Corp., signed an agreement to sell 2,689,521,681 secondary shares of AC Energy Corp. to Arran Investment […]
December 8, 2021

SMC power unit sets sights on massive LNG projects

BY LENIE LECTURA – DECEMBER 7, 2021 from Business Mirror The power arm of conglomerate San Miguel Corp. (SMC) has informed the Department of Energy (DOE) of its plan to put up massive liquefied natural gas (LNG) projects with a […]