September 29, 2020

Udenna shuts out new players in Malampaya

By Lenie Lectura – September 29, 2020 from Business Mirror Malampaya Deep Water Gas to Power facility in Palawan DENNIS UY-LED Udenna Group wants no other new members in the Malampaya consortium, saying it will exercise its pre-emptive rights in […]
September 25, 2020

SPEx: No Malampaya sale unless we find most qualified buyer

By Lenie Lectura – September 25, 2020 from Business Mirror SHELL Philippines Exploration B.V. (SPEx), the operator of the Malampaya gas field in offshore Palawan, said Thursday that, while it has announced a decision to sell its entire 45-percent stake […]
September 24, 2020

Malampaya operator selling 45% stake

By Lenie Lectura – September 24, 2020 from Business Mirror Malampaya Deep Water Gas to Power facility in Palawan SHELL Philippines Exploration B.V. (SPEx), operator of the Malampaya deepwater gas-to-power project, said Wednesday it is selling its 45-percent stake in […]
September 24, 2020

Loan payments from electric coops declined in H1—NEA

By Lenie Lectura – September 24, 2020 from Business Mirror The country’s electric cooperatives (ECs) posted a total of P773.91 million in loan payments for the first six months of the year, the National Electrification Administration (NEA) said on Wednesday. […]