September 12, 2022

Congress seeks proof of SPEX-Udenna Malampaya sale deal

By Myrna M. Velasco – September 11, 2022, 8:30 PM from Manila Bulletin The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed […]
September 1, 2022

Lotilla: Review of Prime Infra Malampaya buy-in ‘on track’

BY LENIE LECTURA – SEPTEMBER 1, 2022 from Business Mirror Raphael P.M. Lotilla THE review of Razon-led Prime Infrastructure Capital Inc.’s (Prime Infra) acquisition of a controlling stake in the Malampaya consortium is “on track,” and an early resolution on […]
August 22, 2022

San Miguel power unit buys PNOC banked gas for $1.2B

BY LENIE LECTURA – AUGUST 22, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp. (SMCGP), purchased the remaining banked gas of the Philippine National Oil Co. (PNOC) for $1.2 billion. “We […]
August 19, 2022

Former SPEX exec joins Prime Infra

BY LENIE LECTURA – AUGUST 18, 2022 from Business Mirror Sebastian C. Quiniones Jr. The former general manager and managing director of Shell Philippines Exploration B.V. (SPEX) has joined a Razon-led firm that made an offer to be the new […]