May 21, 2021
Published by admin at May 21, 2021
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Udenna is buyer of Shell’s 45% stake in Malampaya

By Myrna M. Velasco – May 20, 2021, 5:33 PM from Manila Bulletin Davao businessman Dennis Uy’s Udenna has been chosen as the buyer of the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in Malampaya, giving him ultimate majority […]
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May 6, 2021
Published by admin at May 6, 2021
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Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
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March 24, 2021
Published by admin at March 24, 2021
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NG support to spare PSALM from default, outlook ‘stable’ – Moody’s

By Myrna M. Velasco – March 24, 2021, 6:30 AM from Manila Bulletin As its loan commitments are generally backed by the national government, Moody’s Investors Service indicated that such sovereign support could spare state-run Power Sector Assets and Liabilities […]
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March 6, 2021
Published by admin at March 6, 2021
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Malampaya Prize

As the Department of Energy reviews the technical, legal and financial ramifications of the Chevron-Udenna sale—prior to final approval—business leaders Ramon S. Ang and Manuel V. Pangilinan pitch offers for SPEX’s 45-percent stake in Palawan’s critical gas-to-power project. By LENIE […]
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