Page 40 - Integrated Bar News Today

The Department of Energy (DOE) categorically stated that there is no legal reason for it to nullify or overturn the approval it granted to the sale of the 45-percent Malampaya stake of American energy giant Chevron Corp. the corporate vehicle of Udenna Corporation of businessman Dennis Uy. In a

THE Department of Energy (DOE) wants the government’s cut in the Malampaya royalty that is being shared with the consortium raised from the prevailing 60:40 arrangement to 80:20. “The present sharing is 60:40 and the DOE position is starting with 80:20 and the alternative position that is being raised is…

The government must revoke the transfer of the Malampaya Gas Field Facility to Malampaya Energy XP Pte., a unit of Udenna Corp., as it “presents significant security risks.” The Philippine Bar Association (PBA) has called on the government to revoke the transfer of the gas field to the group of…

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 in a fair trial that may be carried out in judicial bodies. In its response to the issues thrown by the Integrated Bar of the Philippines (

Philippine Bar Association Another lawyers group has joined calls for the revocation of the transfer of the stakes at the Malampaya Deepwater Gas-to-Power Project to the subsidiaries of Udenna Corp., a firm controlled by Dennis Uy who is a known friend of President Duterte. “We call on the DOE

Chief Justice Alexander G. Gesmundo on GOJUST II virtual launch Chief Justice Alexander G. Gesmundo has laid down the Supreme Court’s (SC) “strategic plan” in the next five years to make the country’s courts “consistently efficient and accountable havens for the disadvantaged, the wronged, the i

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 the 45 percent shareholdings of Chevron Corporation in the multi-billion Malampaya deep water gas-to-power project. In a statement, IB

The Malampaya Deepwater Gas-to-Power Project under Petroleum Service Contract (“SC”) No. 38 is a vital resource in the country’s energy mix. The pro- ject

Integrated Bar of the Philippines (IBP) The Integrated Bar of the Philippines (IBP) on Wednesday, Nov. 24, expressed opposition to the takeover of the Malampaya Deepwater Gas-to-Power Project by two subsidiaries of Udenna Corp., a diversified company controlled by businessman Dennis Uy. In

The Integrated Bar of the Philippines (IBP) has intervened in the controversy involving over the transfer of the Malampaya project shares from Chevron Malampaya LLC (Chevron) and Shell Philippines Exploration (SPEX) to a subsidiary of Dennis Uy’s Udenna Corp. In a statement signed by its national president Burt Estrada and…