December 9, 2021

Malampaya lifespan beyond 2027 certain

By Maria Romero – December 9, 2021 02:30 AM from Daily Tribune The multi-billion-dollar transactions of the subsidiaries of Udenna Corp., the diversified company of Davao City magnate Dennis Uy, involving the Malampaya deepwater gas-to-power project have been stalled over […]
December 1, 2021

DOE seeks ‘proper forum’ to tackle Malampaya issues

By Myrna M. Velasco – November 29, 2021, 3:39 PM from Manila Bulletin The Department of Energy (DOE) indicated that it will reply to and would tackle all allegations on the sale of Malampaya shares in a proper forum, including […]
November 26, 2021

DOE asked to rescind approval of Malampaya stake sale to Udenna

By Myrna M. Velasco – November 25, 2021, 3:59 PM from Manila Bulletin The Integrated Bar of the Philippines (IBP) has asked the Department of Energy (DOE) to rescind the approval it granted to Udenna Corporation for the acquisition of […]
November 19, 2021

Exec: Udenna did not violate the law

BY LENIE LECTURA – NOVEMBER 18, 2021 from Business Mirror UDENNA Corp. (UC) President Raymundo Martin Escalona cried foul Thursday after the company was criticized for its alleged midnight deals involving the acquisition of a controlling stake in the consortium […]