Davao’s Dennis Uy wants first dibs on Shell’s Malampaya stake

Udenna Corp., led by Davao-based businessman Dennis A. Uy, prefers not to have any new players getting on board the Malampaya natural gas pro­ject and is looking at acquiring Shell’s 45-percent stake in tandem with PNOC Exploration Corp. (PNOC-EC) “The Udenna Group firmly believes that Malampaya is a high-quality asset, strategic to the future welfare […] The post Davao’s Dennis Uy wants first dibs on Shell’s Malampaya stake...

Why Golar LNG Dropped 10% Today

What happened Shares of liquid natural gas transportation company Golar LNG (NASDAQ: GLNG) dropped as much as 12% today before settling down at 10% as of 3:10 p.m. EDT.Want to know more on Why Golar LNG Dropped 10% Today click here go to market news source. Market news summary from Nasdaq Market News.Author: The Motley Fool

PBA teams invade bubble hotel

The Magnolia Hotshots go through the protocols inside the Quest Hotel. (Photo from Clark Development Corp.) Barangay Ginebra on Tuesday leads the last batch of teams that will head to Clark, Pampanga for the start of life inside the PBA bubble. Defending PBA Philippine Cup champion San Miguel Beer is also heading to the official residence at Quest Hotel alongside Rain or Shine, NLEX, NorthPort, Alaska and Blackwater....

Five PBA teams depart for Clark bubble

Quest Hotel will house hundreds of guests when the PBA bubble starts. Five teams will be the first ones to experience life inside the bubble as the PBA contingent begins to set up camp in Clark, Pampanga on Monday. Magnolia, TNT, Meralco, Phoenix Super LPG and Terra Firma are the squads scheduled to check in at Quest Hotel, the site where all PBA teams, officials and staff will...

FGEN LNG gets DoE nod for terminal

A subsidiary of First Gen Corp. secured the approval of the Department of Energy (DoE) to build an interim offshore liquefied natural gas (LNG) terminal in Batangas City, Batangas province, months after applying for it. In a disclosure on Friday, the Lopez-led energy company said its unit FGEN LNG Corp. received from the Energy department the permit to construct, expand, rehabilitate and modify (PCERM) for the project. The...

Lopez firm gets permit to build LNG terminal in Batangas

Liquefied natural gas may be introduced into the Philippine market as early as the third quarter of 2022 as First Gen Corp. and its partners have secured from the Department of Energy a permit to build an LNG terminal in Batangas. First Gen said in a statement its subsidiary FGEN LNG Corp. received on Friday […] The post Lopez firm gets permit to build LNG terminal in Batangas...
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