July 3, 2021

Transparency urged on Shell’s Malampaya stake sale to Udenna

By Myrna M. Velasco – July 2, 2021, 1:03 PM from Manila Bulletin The Department of Energy (DOE) is being urged to exercise ‘utmost transparency’ on its anticipated approval of the 45-percent Malampaya equity divestment of Shell Philippines Exploration B.V. […]
June 30, 2021

Government begins scrutiny of UC capacity to run Malampaya

BY LENIE LECTURA – JUNE 29, 2021 from Business Mirror A platform at the Malampaya gas field is seen in this BusinessMirror file photo. The Department of Energy (DOE) has started reviewing the sale of Shell Petroleum’s Malampaya stake to […]
May 27, 2021

DoE calls stake sale in Malampaya operator a ‘private transaction’

By Angelica Y. Yang – May 24, 2021 | 8:05 pm from Business World PHILSTAR THE Department of Energy (DoE) said Monday that the sale of Malampaya gas field operator Shell Philippines Exploration B.V.’s (SPEx) participating interest to Udenna Corp. […]
April 7, 2021

Plant outages, Malampaya gas restriction triggering power rate spikes

By Myrna M. Velasco – April 6, 2021, 11:45 AM from Manila Bulletin Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have […]