Surigao del Sur 2nd district Rep. Johnny Pimentel says that there are no hurdles blocking Enrique Razon and his Prime Infra Holdings Inc’s acquisition of Dennis Uy’s controlling stake in the Malampaya gas field. “We, in Congress, have always maintained that private parties are free to get in...
Senator Sherwin Gatchalian on Sunday expressed his grave concern over the country’s power situation amid reports that Udenna Corp.’s Dennis Uy is considering selling his controlling stakes in the Malampaya deep water gas-to-power project. Gatchalian said this development casts uncertainty on...
The government should suspend the excise tax on oil to cushion the effects of the tension between Russia and Ukraine on the price of commodities, Senator Francis “Kiko” Pangilinan said on Monday, Feb. 28. Senator Francis “Kiko” Pangilinan (TRoPa2022) Pangilinan, a vice presidential...
Senator Risa Hontiveros on Monday, February 7, reiterated her support for the Senate resolution that seeks to recommend the filing of criminal charges against Energy Secretary Alfonso Cusi and other Department of Energy (DOE) officials that had a hand in the irregular sale of a 45-percent stake in...
Vice President Leni Robredo lamented the country’s supply of energy is the “number one concern now” as she called for the development of indigenous energy sources to alleviate the rising energy prices. Vice President Leni Robredo (OVP photo) Robredo, a presidential aspirant, was asked about...
The Philippine National Oil Company-Exploration Corporation (PNOC-EC) effectively protected the country’s national interest when it blocked the sale of Shell Philippines Exploration B.V.’s (SPEX) stakes to Malampaya Energy XP Pte. Ltd., a subsidiary of Dennis Uy-led Udenna Corp., in the...
Opposition Senator Leila de Lima on Monday said she sees no reason for the Philippine government to entrust the sale of Malampaya to Udenna and UC Malampaya which have a history of partnering up with China-owned companies. De Lima reiterated that Malampaya is crucial to the country’s national...
Opposition Senator Leila de Lima said the libel and cyberlibel charges that Energy Secretary Alfonso Cusi had filed against some members of the press over their coverage of the controversial Malampaya gas field buyout were frivolous and baseless. De Lima likened the suits filed by Cusi against the...
House Asst. Majority Leader and Cebu First District Rep. Eduardo Gullas slammed on Wednesday, Dec. 8 the Makati Business Club (MBC) for calling on the government to take control of the operations of the offshore Malampaya gas field. Malampaya gas field Gullas, chairman of the House Committee on...
Senator Risa Hontiveros on Tuesday said Energy Secretary Alfonso Cusi and businessman Dennis Uy should reveal the “mystery shopper” instead of filing libel charges against members of the media for supposed unfair reporting over a graft complaint they’re facing over Uy’s controversial buyout...
A senior administration congressman on Sunday, November 7, called on reelectionist senators not to subject to “political grandstanding” the controversy relating to the decision of Shell Petroleum N.V. to sell its 45 percent operating stake in the service contract that includes the offshore...
The House Committee on Energy on Friday, July 16 approved a bill that seeks to fully develop the Philippine downstream natural gas industry and consolidate all laws relating to the transmission, distribution and the supply of natural gas. Natural gas Malampaya Authored by Speaker Lord Allan Velasco...
