udenna-corp | ABS-CBN News

All-Filipino consortium completes Malampaya maintenance work: DOE

ABS-CBN News
Posted at Feb 20 12:17 PM

Maintenance works on the Malampaya gas project scheduled on Feb. 4 to 18 has been completed by an all Filipino-owned consortium for the first time. Read more »

Udenna says issue with state-owned Clark firm 'settled'

ABS-CBN News
Updated as of Jul 25 04:03 PM

Dennis Uy's Udenna Corp said the issue between its unit Clark Global City Corp (CGCC) and the Clark International Airport Corp (CIAC) has been settled. Read more »

Dennis Uy firm says to 'immediately resolve' issue with CIAC

ABS-CBN News
Updated as of Jul 25 01:06 PM

Dennis Uy's Udenna Corp through another subsidiary on Monday said its unit Clark Global City Corp (CGCC) and the Global Gateway Development Corp (GGDC) did not fail to make repayment of any bank debt or interest. Read more »

Dennis Uy's Udenna insists not in debt default

Warren de Guzman, ABS-CBN News
Updated as of Jul 23 11:48 PM

Default occurs when a borrower fails to make required interest or principal repayments on a debt. Read more »

Malampaya to benefit from potential Razon entry: DOE

ABS-CBN News
Posted at Jun 03 04:14 PM

The potential entry of Enrique Razon's firm could boost the financial standing of the consortium running the Malampaya gas project, the DOE said. Read more »

Dennis Uy's Udenna says partnerships 'normal' amid report of potential asset sale

ABS-CBN News
Posted at May 13 07:42 PM

Udenna Corp run by Davao-based businessman Dennis Uy on Friday said partnerships have always been part of its philosophy amid reports that the firm is eyeing the sale of big assets. 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 »

Cusi pinagbibitiw bilang DOE secretary

ABS-CBN News
Posted at Feb 03 08:02 PM

Pinagbibitiw ni Sen. Sherwin Gatchalian si Energy Secretary Alfonso Cusi dahil sa umano'y maanomalyang pagbili ng Udenna Corp. ng stake sa Malampaya. Read more »

DITO says business 'viable' despite DITO CME deferred stock rights offer

ABS-CBN News
Posted at Feb 01 09:18 AM

DITO Telecommunity said it remains as sustainable business despite DITO CME's announcement that it would defer its stock rights offer due to unfavorable market conditions. 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 »

Udenna Corp's Malampaya a foreign-owned firm, says Carpio

ABS-CBN News
Updated as of Nov 30 10:23 AM

The company that bought majority of shares in the Malampaya gas project is foreign-owned, retired Supreme Court justice Antonio Carpio said Tuesday. 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 »

Dennis Uy a Duterte crony? Udenna president says 'No'

Jessica Fenol, ABS-CBN News
Posted at Nov 18 06:44 PM

Udenna Corp president Raymundo Escalona became emotional on Thursday as he faced members of the business community and the media. 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 »

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 »

[OPINION] The President’s hand in Malampaya

Dean Dela Paz
Posted at Nov 03 10:45 PM

If the takeover of Chevron Malampaya LLC’s service contract is a consummated act, then it must have had Duterte’s prior approval. Otherwise, it is void and cannot be executed by the DOE. Read more »

Senator hits DOE on remark Malampaya probe causing delays

ABS-CBN News
Posted at Nov 03 03:52 PM

Sen. Sherwin Gatchalian said the Senate is exercising its duty to review questionable transactions such as the Udenna-Malampaya deals. Read more »

Udenna Corp. defends buyout of Chevron's stake in Malampaya

ABS-CBN News
Posted at Nov 01 10:18 PM

Dennis Uy's Udenna Corporation broke its silence on issues raised against its buyout of Chevron's stake in the Malampaya gas project. Read more »