9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
As it nears depletion, the Malampaya gas field was only able to produce 79.054 billion cubic feet (bcf) of natural gas in 2021, a huge decline from the 141.732 bcf recorded in
Concerned Filipino-Americans have filed complaints against Chevron Corporation before the United States Securities and Exchange Commission (US SEC) over the sale of its interests in the Malampaya gas field to Dennis Uy’s
The Udenna unit that that bought Chevron’s 45% stake in the Malampaya gas-to-power project is foreign-owned, according to retired Supreme Court Senior Associate Justice Antonio Carpio. In an interview with the ABS-CBN
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil
The Department of Energy (DOE) has admitted that it used an unaudited financial statement of Udenna Group unit UC38 LLC in approving the Dennis Uy-led firm’s acquisition of Chevron’s 45% stake in
The Department of Energy (DOE) will “extensively review” a Udenna Group unit’s purchase of Chevron’s 45% stake in the Malampaya gas facility after the Senate questioned the sale of Shell’s 45% share
Global firms Chevron Corporation and Royal Dutch Shell made over Php350 billion in revenues from the Malampaya gas-to-power project before their respective exits from the venture. Based on a Manila Bulletin report,
Dennis Uy-led Udenna Group’s acquisitions of the Malampaya gas-to-power underwent intense scrutiny at the Senate’s hearing on Wednesday, with the Department of Energy (DOE) taking much of the heat. Senate energy committee
Senate energy committee chairman Sherwin Gatchalian has urged the Department of Energy (DOE) to be transparent in its review of the Udenna Group’s purchase of the 45% stake of Shell Philippines Exploration B.V.
