Tag page - Malampaya

Businessman Dennis Uy has formally indicated that his company Udenna Corporation, along with state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) would be interested to acquire the 45-percent stake being unloaded by Shell Philippine Exploration B.V. (SPEX) in the...

The royalty share of the Philippine government from the Malampaya project’s operations has so far reached $11.7 billion, significantly higher than the $8 billion estimate when the gas field started commercial operation in 2001. The Malampaya gas field uses an innovative and sustainable deepwater...

State-run Philippine National Oil Company (PNOC) has initially sounded off interest in the 45-percent shareholdings of Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya gas field venture. PNOC President and CEO President Reuben S. Lista indicated that there was an initial...

The Philippine upstream subsidiary of Royal Dutch Shell plc is planning to sell its 45-percent stake in the US$4.5 billion Malampaya deep water gas-to-power project if it can corner enticing offer from prospective takers. Highly placed sources from government indicated that Shell Philippines...

Crippling brownouts will dampen the country’s bid for economic recovery in the near term if the Department of Energy (DOE) will not act early enough to concretize a viable replacement for the gas output from the Malampaya field.            Senator...