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. […]
May 21, 2021

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 […]
April 14, 2021

DOE okays transfer of 45% Chevron-Malampaya stake to Udenna

By Myrna M. Velasco – April 13, 2021, 2:40 PM from Manila Bulletin The Department of Energy (DOE) has officially approved the transfer of the divested 45-percent shareholdings of American firm Chevron Corporation in the multi-billion Malampaya gas field project […]
March 27, 2021

DOE issues notice-to-proceed on Shell’s LNG import facility project

By Myrna M. Velasco – March 26, 2021, 1:35 PM from Manila Bulletin The Department of Energy (DOE) has issued another notice-to-proceed (NTP) for a liquefied natural gas (LNG) import facility project – this time for Shell Energy Philippines. According […]