9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The consortium running the Malampaya gas-to-power project had already paid the government Php311 billion in revenues it earned since beginning commercial operations in 2001, according to Senate energy committee chairman Sherwin Gatchalian.
Senators have raised eyebrows over Chevron’s sale of its 45% stake in the Malampaya gas-to-power project to Udenna Corporation of Davao-based magnate Dennis Uy. Sen. Sherwin Gatchalian, chairman of the Senate Committee
Phoenix Petroleum Philippines, Inc. of Davao-based tycoon Dennis Uy is now among the country’s “Big Three” oil industry players. Data from the Department of Energy (DOE) in the first half of the
Lockdowns, refinery shutdowns, and travel restrictions due to the COVID-19 pandemic knocked down crude oil import volumes in the first half of 2020 with 28% year-on-year, while refined petroleum import volumes dropped
Corporate rivals Manny V. Pangilinan and Ramon S. Ang may be going head-to-head again, this time in the energy arena, as Pangilinan’s MVP Group and Ang’s San Miguel Corporation (SMC) have expressed
Shell Philippines Exploration B.V. (SPEX) is eyeing the sale of its 45% interest in the $4.5 billion Malampaya deep water gas-to-power project. In a report from Reuters, the company said the proposed
Six months into the COVID-19 pandemic, major energy players AC Energy and Pilipinas Shell Petroleum corporation look forward to emerge from economic effects of the crisis. Speaking at Standard Chartered’s “Philippines –
The Malampaya gas project is set to undergo a 20-day maintenance shutdown in early 2017 that may cause power rate hikes, the Department of Energy (DOE) said. DOE spokesman Felix William Fuentabella said Malampaya’s
Pilipinas Shell Petroleum Corp. will add 70 more stations next year to boost its sales amid fluctuating global oil prices. Shell Country Chairman Cesar Romero said the company will build 50 to
