The depletion of the Malampaya gas field is becoming extremely visible, as its reported production for three quarters in 2021 significantly dipped to 79.054 billion cubic feet (bcf) almost half only of its 141.732 bcf level in 2020. Data from the Department of Energy (DOE) showed that 76.040 bcf of
The mergers and acquisition scene in the Philippines is alive and well despite the COVID-19 pandemic and new challenges in the post-election period including the transition to a new administration, skyrocketing inflation, and fears of a global recession.
Philippine billionaire Enrique Razon will acquire a controlling stake in businessman Dennis Uy’s Malampaya gas project, in a move that may help extend the