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House leader thumbs down government takeover of Malampaya

A LEADER of the House of Representatives on Wednesday rebuffed the call of a business group for the government through the state-owned Philippine National Oil Co. (PNOC) to take control of the operations of the aging offshore Malampaya gas field. In a statement, House Assistant Majority Leader Eduardo Gullas said more representative… ....

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Ayala firming up 50% stake acquisition in Tan-initiated LNG project

Ayala-led ACE Enexor Inc. is finalizing plans on its acquisition of 50 percent stake in the Batangas Clean Energy Inc. (BCE), the corporate vehicle of the integrated liquefied natural gas (LNG) import terminal and power project initiated by the Lucio Tan group and approved by the Department of Energ ....

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