The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed between Shell Petroleum N.V. and Malampaya Energy XP Pte. Ltd. (MEXP) for the government to evaluate what are the rights and obligatio
The Department of Energy (DOE) said at a Congressional hearing on Thursday, Sept. 2, that the sale of the 45-percent operating stake of the Malampaya gas field has already been consummated by Shell Philippines Exploration B.V. (SPEX) and Malampaya Energy XP (MEXP), a subsidiary of Udenna Corporation
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