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Davao-based tycoon Dennis Uy's conglomerate Udenna Corporation defended its takeover of the Malampaya gas-to-power facility, saying its acquisition of majority stakes in the offshore Palawan project is above board. ....
Energy Secretary Alfonso Cusi on Wednesday bared that he was approached by a company to fund state-run Philippine National Oil Company-Exploration Corp. (PNOC) matching Udenna's offer to take over Chevron's stakes in the Malampaya project in favor of the said firm. ....
(Press Release) — A criminal complaint against Energy Secretary Alfonso Cusi, businessman Dennis Uy, Chevron Philippines officials, and several others was filed with the Office of the Ombudsman over alleged ....
Gatchalian expresses “strong personal doubts” on Udenna’s takeover of Malampaya By HANA BORDEY, GMA News Published May 25, 2021 12:50pm Senate energy committee chairman Senator Sherwin Gatchalian prepares to leave the offshore platform of the Malampaya Deepwater Gas-to-Power project after a visit to the facility in 2017. Photo by Mark Cayabyab/Office of Sen Gatchalian Senate energy committee chairman Sherwin Gatchalian on Tuesday expressed strong personal doubts on Udenna Corporation’s takeover of the Malampaya gas-to-power project in Palawan. “Personally, I made a statement that I have strong doubts but we will let the process go through,” Gatchalian said in an ANC interview when asked if he thinks that Udenna is qualified to take over the Malampaya operations. ....
Philippine Tycoon Dennis Uy Gains Controlling Stake In Malampaya Gas Field forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.