Tag: ##DOE #UDENNA #IBP #MALAMPAYA #DIVESTMENT #CONTRACTREVOCATION #CHEVRON #SHELL #PNOC #SC38
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DOE asked to rescind approval of Malampaya stake sale to Udenna
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.