Stay updated with breaking news from Malampaya Phils. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SENATOR Sherwin Gatchalian is pressing for the resignation of Energy Secretary Alfonso Cusi and other key Department of Energy (DOE) officials for “railroading approval of the sale” of Chevron Malampaya LLC Philippines’s 45-percent participating interest in the Malampaya gas project to “UC Malampaya—an indirect subsidiary of Udenna Corporation.” In a…
THE Sangguniang Laiko ng Pilipinas (LAIKO) said on Thursday it is backing the filing of graft cases against the people behind the controversial Malampaya stake sale to Udenna Corp. In a statement, LAIKO President Roquel Ponte said Energy Secretary Alfonso Cusi and business tycoon Dennis Uy should be held accountable…
UDENNA Corp. (UC) of Davao businessman Dennis Uy maintained that the deal it sealed with a Chevron subsidiary that has a 45-percent stake in the Malampaya gas field is fair and above board. “At this juncture, we maintain that the acquisition of UC Malampaya Phils. Pte.,Ltd. [UCMP] of the shares…