The Department of Energy plans to create an “energy city” in Batangas to be composed of liquefied natural gas (LNG) facilities. This will serve as a back up plan to whatever may happen with the Malampaya deepwater-to-gas project off Palawan. Energy Secretary Alfonso G. Cusi said on the sidelines of a Senate hearing Tuesday that…
Tag: SPEX
Malampaya operations in peril as critical issues plague project
The Malampaya deep water gas-to-power project faces the prospects of non-renewal, even of getting shut down, with ongoing critical challenges plaguing the upstream oil and gas industry, a ranking Malampaya consortium official told a Senate panel yesterday. In a Senate hearing yesterday, Shell Philippines Exploration B.V. (SPEX) managing director Sebastian Quiniones presented a list of…
RP moves to dismiss SPEX-initiated arbitration case
The Philippine government has moved to dismiss the the arbitration case sought by Shell Philippines Exploration B.V. (SPEX) over a P53.14-billion tax deficiency from the Malampaya deep water gas-to-power project. Read more here.
Winnergy Holdings Corp. 