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[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 »

[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 »

[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 »

Udenna defends Malampaya deal

ABS-CBN News
Posted at Nov 02 09:32 PM

MANILA - Udenna Corporation maintained the legality of its acquisition of shares in the Malampaya gas project. Read more »

Ex-PNOC exec says govt gave up billions in potential Malampaya 'income'

Warren de Guzman, ABS-CBN News
Posted at Nov 01 09:40 PM

The former president of the PNOC said the government should have bid for the stakes of Chevron and Shell in Malampaya. Read more »

Phoenix Petroleum says 'no knowledge of any interest' in PNOC's banked gas

ABS-CBN News
Posted at May 26 11:31 AM

Phoenix Petroleum said Tuesday it has "no knowledge of any interest" to buy banked gases as of May 26. Read more »

State oil exploration firm unsure if PH can start its first oil drilling by June 2022

Bruce Rodriguez, ABS-CBN News
Posted at Apr 30 08:37 PM

The Philippines may need more time before it can begin its first oil-drilling activities, even as President Rodrigo Duterte lifted the moratorium on oil exploration in the West Philippine Sea in October 2020. Read more »

PNOC eyes increasing stake in Malampaya

Davinci Maru, ABS-CBN News
Posted at Nov 10 04:48 PM

The Philippine National Oil Company (PNOC) said Tuesday it was studying the possibility of increasing its stake in the Malampaya gas field following Chevron’s divestment of the project. Read more »

PNOC-EC eyes production from area near Malampaya by 2026

Jessica Fenol, ABS-CBN News
Updated as of Oct 21 04:06 AM

The Philippine National Oil Company - Exploration Corp said Tuesday it could start drilling in an area near Malampaya next year after President Rodrigo Duterte lifted the moratorium on oil exploration in the West Philippine Sea. Read more »

Dennis Uy's Udenna completes acquisition of Chevron's Malampaya stake

ABS-CBN News
Posted at Mar 11 03:54 PM

Udenna Corp has completed its acquisition of Chevron Malampaya which holds a 45-percent interest in the Malampaya gas project, the Dennis Uy-led firm said on Wednesday.  Read more »

Retired Air Force chief to head PNOC Exploration Corp

Arianne Merez, ABS-CBN News
Posted at Jan 16 06:42 PM

President Duterte designated on Thursday another military man to lead a GOCC.  Read more »

Duterte slams sacked PNOC-EC chief over contract with Russian firm

Arianne Merez, ABS-CBN News
Posted at Oct 17 09:40 PM

Duterte said he fired Pedro Aquino Jr., former president and CEO of the Philippine National Oil Co. Exploration Corp. over a questionable deal involving a Russian firm. Read more »

PNOC Exploration Corp boss resigns on Duterte request

Arianne Merez, ABS-CBN News
Updated as of Oct 15 10:41 PM

The president and CEO of the Philippine National Oil Company Exploration Corp, Pedro Aquino, said Tuesday he resigned from his post, on President Rodrigo Duterte's request. Read more »

PNOC told to fast-track fuel importation following Saudi oil attacks

ABS-CBN News
Posted at Sep 17 10:59 PM

The country's energy department is urging government-owned Philippine National Oil Company to fast track the importation of fuel following the attacks on Saudi's oil facilities. Read more »

'Taas-presyo sa langis dahil sa Saudi attack puwedeng utay-utayin'

ABS-CBN News
Updated as of Sep 17 07:56 PM

Bukas ang mga independent oil company na utay-utayin ang inaasahang dagdag-singil sa petrolyo bunsod ng pagbomba sa oil facility sa Saudi Arabia. Read more »

Duterte appoints Clark exec to PNOC

Arianne Merez, ABS-CBN News
Posted at Sep 16 03:32 PM

President Rodrigo Duterte has appointed a member of the Clark Development Corp as a board member of the Philippine National Oil Company (PNOC). Read more »

China, PH to form committees for joint gas exploration talks

ABS-CBN News
Updated as of Aug 30 10:05 PM

Philippine National Oil Company (PNOC) and China National Offshore Oil Corporation (CNOOC) will be part of the working group, while Philippine and Chinese energy ministries and concerned agencies will be part of the steering committee, said Philippine Ambassador to China Chito Sta. Romana. Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas.  Read more »

Phoenix Petroleum, China's CNOOC seek partnership with Philippine National Oil Company

ABS-CBN News
Updated as of Feb 14 02:14 PM

Tanglawan is "looking into" signing a Memorandum of Understanding with the PNOC, businessman Dennis Uy's Phoenix Petroleum told the stock exchange. Read more »