CA issues TRO vs ERC s denial of SMC power unit s rate hike plea cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
The Malampaya consortium led by Shell Philippines Exploration B.V. (SPEX) is being asked to return the $1.2 billion payment for the 70 petajoules (PJ) of banked gas that had been sold by state-run Philippine National Oil Company (PNOC) if the “stored fuel” in its reservoir can no longer be lifted an