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Biden threatens tax hit for 'war profiteering' oil giants

Agence France-Presse
Posted at Nov 01 07:43 AM

US President Joe Biden said Monday he plans to seek tax penalties for oil companies unless they invest their record profits in lowering consumer costs and boosting production, criticizing their "war profiteering." Read more »

Golf: Top-ranked Ko resets for LPGA in L.A.

Agence France-Presse
Posted at Apr 21 09:56 AM

World number one Ko Jin-young will seek to bounce back from a disappointing performance in the Chevron Championship last month. Read more »

[OPINION] The Malampaya Dream

Dean Dela Paz
Posted at Apr 14 03:50 AM

While we are besieged by escalating fuel prices and runaway inflation due to our dependence on imported fuels and the war in Ukraine, the Malampaya controversy presents some real and immediate answers. Read more »

Fil-Ams urge boycott of Chevron over Malampaya gas project buyout

Rommel Conclara | TFC News California
Posted at Feb 25 09:40 AM

A group urges fellow Filipino-Americans to boycott the oil giant over the sale of its subsidiaries in the Malampaya to Udenna Corporation. Read more »

Senate seeks raps vs Cusi, other DOE officials over Malampaya sale

Warren de Guzman, ABS-CBN News
Updated as of Feb 04 10:11 PM

The Senate transmitted to the Ombudsman on Friday its resolution calling for corruption charges to be brought against Energy Secretary Alfonso Cusi and other energy officials involved in the Udenna-Chevron Malampaya deal. Read more »

'Fair, true, accurate reports': ABS-CBN execs, journalist refute Dennis Uy’s cyber libel raps

Mike Navallo, ABS-CBN News
Updated as of Feb 05 09:39 AM

Two ABS-CBN executives and a journalist on Thursday rejected as “false and baseless” the cyber libel raps filed against them by businessman Dennis Uy. Read more »

Cusi pinagbibitiw ni Gatchalian dahil sa umano’y katiwalian

ABS-CBN News
Posted at Feb 02 10:59 PM

‘Ako ay nanawagan kay Secretary Cusi at kaniyang mga subordinates na magbitiw na sa puwesto sa lalong madaling panahon,’ ani Gatchalian. Read more »

[OPINION] Malampaya’s over P48 million a day take

Dean Dela Paz
Posted at Jan 14 12:35 AM

Simplified, over P48.74 million are placed in the hands of a single start-up every day. Read more »

Uy says Malampaya deal 'private' in suit vs ABS-CBN

Art Fuentes, ABS-CBN News
Updated as of Jan 13 08:42 PM

Dennis Uy also said he suffered reputational damage after ABS-CBN and several other media outlets reported on the graft complaint filed against him over the deal. Read more »

[OPINION] Malampaya’s murky math

Dean Dela Paz
Posted at Jan 06 12:19 AM

A $1.4 billion loss is not minutiae. Read more »

[OPINION] Malampaya’s Chicken Little lie

Dean Dela Paz
Posted at Dec 08 02:39 AM

Foremost among the lies is that the life of the gas fields ends in 2024 or, if Malampaya's service contracts are extended, possibly until 2027. Read more »

Cusi sues for cyberlibel over story on Malampaya

Art Fuentes and Benise Chiara Balaoing, ABS-CBN News
Updated as of Dec 06 07:08 PM

Energy Secretary Alfonso Cusi has filed a cyberlibel complaint against ABS-CBN Corp. over a story detailing the graft complaint filed against him and businessman Dennis Uy over the Malampaya deals. Read more »

Malampaya productivity can be extended: Udenna

ABS-CBN News
Posted at Dec 06 03:12 PM

Udenna Corp said it can extend the years of productivity of the Malampaya gas field project beyond the original estimate of reserves depleting by 2027. Read more »

[OPINION] Malampaya’s corporate decapitation

Dean Dela Paz
Posted at Dec 02 03:06 AM

The current Malampaya scandal reveals our infernal descent into cronyism and corruption. Read more »

[OPINION] Malampaya’s crony financing

Dean Dela Paz
Posted at Nov 24 01:16 AM

The Malampaya deal bears all the elements of crony capitalism and financing. Read more »

Lawyer urges vigilance amid Udenna acquisition of Malampaya

Benise Balaoing, ABS-CBN News
Updated as of Nov 19 02:09 PM

Filipinos should be vigilant about the developments in Udenna Corporation’s acquisition of 90 percent of the Malampaya gas project, a lawyer said. Read more »

Malampaya issues 'political', baseless: Udenna president

ABS-CBN News
Posted at Nov 19 09:57 AM

Issues hounding Udenna's Malampaya deals were politically-motivated and baseless, Udenna President Raymundo Martin Escalona said. Read more »

Udenna insists Malampaya deals had competitive bidding

Jessica Fenol, ABS-CBN News
Posted at Nov 18 04:55 PM

Udenna President Raymundo Martin Escalona said both Chevron and Shell are international oil and gas firms that cannot be swayed by a mere call by Dennis Uy. Read more »

Malampaya’s Manchurian Masquerade

Dean Dela Paz
Posted at Nov 17 03:12 AM

As it is, there are far too many Manchurian pirates poaching in our waters. Read more »

Biz community seeks probe into Udenna-Malampaya deals

ABS-CBN News
Posted at Nov 11 04:48 PM

Several business groups have urged the government and the Senate to throughly investigate Udenna Corp's controversial acquisition deals for the majority stake in the Malampaya natural gas project, which is "critical energy source" in the country. Read more »