November 6, 2021

Spike in Meralco rates anticipated this November

By Myrna M. Velasco – November 5, 2021, 4:16 PM from Manila Bulletin Due to the liquid fuel shift of the gas plants and the incidents of ‘yellow alert’ during the 23-day shutdown of the Malampaya production facility, spike in […]
November 4, 2021

Malampaya gas supply seen dropping to 1,000 MW

By Myrna M. Velasco – November 3, 2021, 3:45 PM from Manila Bulletin The volume of gas that can be supplied by the Malampaya field will drop to 1,000 megawatts of equivalent power capacity in 2024, which is also the […]
September 29, 2021

Dennis Uy firm has ‘negative working capital’ for Malampaya field

By Myrna M. Velasco – September 28, 2021, 4:15 PM from Manila Bulletin UC Malampaya Philippines Ptd. Ltd. (UC MPPL), a company of Davao businessman Dennis Uy that bought the 45-percent shareholdings of American energy giant Chevron Corporation in the gas field […]
September 27, 2021

70:30 Malampaya royalty sharing dangled

By Myrna M. Velasco – September 26, 2021, 10:00 PM from Manila Bulletin A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya […]