July 30, 2022

Razon acquires operating stake in Malampaya

By Myrna M. Velasco – July 29, 2022, 2:15 PM from Manila Bulletin Prime Exploration Pte. Ltd., a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), announced its acquisition from Udenna Corporation of businessman Dennis Uy the 45 percent […]
December 16, 2021

PNOC-EC withholds consent to sale of Malampaya stake

BY LENIE LECTURA – DECEMBER 15, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. The Philippine National Oil Co.-Exploration Corp. (PNOC-EC), which holds a 10-percent stake in the Malampaya consortium, is not […]
July 15, 2021

Udenna unit set to complete purchase of Shell’s 45% holdings in Malampaya

By Alena Mae S. Flores – July 14, 2021 at 08:20 pm from manilastandard.net Malampaya Energy XP Pte. Ltd., a unit of Udenna Corp., expects to complete the acquisition of the 45-percent interest of Shell Philippines Exploration B.V. in the […]
May 3, 2021

Malampaya revenues top $11.9B

By Myrna M. Velasco – May 3, 2021, 7:00 AM from Manila Bulletin The revenues yielded by the country’s Malampaya gas production facility already topped $11.9 billion (equivalent to P573 billion at prevailing peso-dollar exchange rate) with the national government […]