February 26, 2020

PCC clears Udenna unit’s bid for Chevron Malampaya stake

By Lenie Lectura -February 26, 2020 from Business Mirror UC Malampaya Philippines Pte. Ltd., a unit of Udenna Corp. (UC) led by Davao businessman Dennis Uy, has secured approval of the Philippine Competition Commission (PCC) to acquire the 45-percent stake […]
January 3, 2020

PanAsia plans to invest P63b in 1,700-MW LNG project

By Alena Mae S. Flores – January 02, 2020 at 08:30 pm from manilastandard.net Panasia Energy Inc. is investing P63 billion to build a 1,700-megawatt liquefied natural gas plant in Barangays Dela Paz Proper and Ilijan, Batangas City. “Given the […]
December 19, 2019

PNOC-EC matches Udenna’s offer for Malampaya stake

By Lenie Lectura -December 19, 2019 from Business Mirror Malampaya gas field in offshore Palawan The Philippine National Oil Co.-Exploration Corp. (PNOC-EC) has exercised its right to match the offer of Dennis Uy-led Udenna Corp. (UC) for the purchase of […]
October 11, 2019

Malampaya’s finite bounty spurs hectic race for more renewables, other oil-gas fields

By Lenie Lectura -October 10, 2019 from Business Mirror Malampaya Phases 2 and 3, located some 50 km offshore from Palawan THE Philippines continues to be confronted with energy supply challenges.  But one that has to be dealt with immediately is […]