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As issues are raised that businessman Dennis Uy cannot legally sell the 45 percent operating stake in the Malampaya project because its deal with Shell Philippines Exploration B.V. (SPEX) was never consummated, Energy Secretary Raphael Perpetuo M. Lotilla is taking a hands-off position and will le ....
Cusi withdraws libel raps vs 7 news firms philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
WILL changes in the Malampaya consortium pose a serious threat in the country’s energy supply? It could do so, according to Senator Sherwin Gatchalian, chairman of the Senate Energy Committee. The senator expressed grave concern over the country’s power situation following reports that businessman Dennis Uy of Udenna Corporation may sell his shares in… ....
THE Philippine National Oil Company-Exploration Corp. (PNOC-EC) has commenced the farm-in process for Service Contract (SC) 57, which is touted to have the most potential among all its SCs to generate indigenous gas and oil for the country. An invite to farm-in released by the subsidiary of state-run PNOC said,… ....