The Department of Energy (DoE) will be legally accountable if it will push through with the targeted ‘midnight deal’ for the license extension of the Malampaya gas field project, that in the process will primarily benefit Malampaya Energy XP Pte Ltd, a company of Davao businessman Dennis Uy. In...
Senator Sherwin Gatchalian has raised alarm over the possibility that the government is entering into a midnight deal to extend the service contract of the Malampaya project with the gas field operator Shell Philippines Exploration B.V. (SPEX) by finalizing the transfer of its participating...
The operator of the Malampaya gas field will need to drill one well next year, but that will not be a precondition for license extension of the facility’s service contract (SC) 38. A document from the Department of Energy (DOE) furnished to the media stated that the SC 38 consortium currently led...
A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya gas field project, which is due for turnover by yearend to buyer Malampaya Energy XP Pte Ltd of Davao businessman Dennis Uy. The...
Malampaya operator Shell Philippines Exploration B.V. (SPEX) was ordered by the Department of Energy (DOE) to explain the four-day fuel supply disruption to the country’s gas-fired power plants which triggered their shift to more expensive liquid fuels and de-rating of their generation capacity....
The depleting Malampaya field has stopped supplying gas to the three gas-fired power plants of First Gen Corporation starting Saturday, September 11, compelling the shift of the electric power generating facilities to more expensive liquid fuels. Malampaya platform photo Sources from First Gen...
The core component of the 20-day maintenance shutdown of the Malampaya gas production facility next month will be the “shallow water platform”, primarily its flare tip replacement, according to Shell Philippines Exploration B.V. (SPEX), the operator of the gas field. The shallow water platform...
Fake letters or correspondence sent by unscrupulous individuals to the Department of Foreign Affairs (DFA) had caused delays in power plant maintenance activities that subsequently triggered this year’s rotational blackouts, according to the Department of Energy. As explained by the energy...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is awaiting firm commitment from Philippine National Oil Company (PNOC) before deciding to advance any further discussion or negotiation on its targeted purchase of the ‘banked gas’ that can be utilized for the...
Presidential Spokesperson Harry Roque has quelled concerns of possible coronavirus disease (COVID-19) vaccine spoilage during the scheduled 20-day maintenance shutdown of the Malampaya deep-water gas facility this October. Vials of COVID-19 vaccines. (Keith Bacongco/ File photo/ MANILA BULLETIN)...
The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented to media has not taken into account critical factors yet – including the recurring forced outages of power plants, the gas...
At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market next year. Already head-to-head in the race are the proposed LNG offshore facilities of First Gen Corporation...
