Probe into Malampaya gas field eyed

Due to its critical role in the country’s security, Senator Win Gatchalian on Wednesday sought a Senate probe on the depleting supply of the Malampaya gas field with the looming expiration of Service Contract 38, or the Malampaya Deep Water Gas-To-Power Project......»»

Category: newsSource: thestandard thestandardOct 14th, 2020

Gem-Ver prepares to sail back to Recto Bank | Evening wRap

Today on Rappler: PH boat sunk by Chinese sailing again to Recto Bank Duterte abolishes Pasig River Rehabilitation Commission Dennis Uy now owns almost half of Malampaya gas field Pressure builds as Trump impeachment probe hears new claims Facebook rolls out new labels for fact checked content – Executive Producer / Writer Lilibeth Frondoso Associate Producer / Publisher Marga Deona Jaira Roxas Master Editor / Playback Emerald Hidalgo Jaene Zaplan Jaen Manegdeg Quita Chuatico.....»»

Category: newsSource:  rapplerRelated NewsNov 14th, 2019

Senate probe sa nauubos na suplay ng Malampaya, ikinasa ni Gatchalian

Manila, Philippines – Isang imbestigasyon ang isinusulong ni Senador Win Gatchalian patungkol sa pagtatapos ng Service Contract (SC) 38 sa 2024, ang kontrata kung saan nakapaloob ang Malampaya Deep Water Gas-To-Power Project, at magiging epekto nito sa seguridad ng suplay ng enerhiya sa bansa.   Sa pahayag, sinabi ni Gatchalian na kasama niya sina Senate President Vicente C. Sotto […] The post Senate probe sa nauubos na suplay ng Malampaya, ikinasa ni Gatchalian appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsNov 10th, 2020

& rsquo;Malampaya funds for health care& rsquo;

The House of Representatives' Committee on Health and several other congressmen on Wednesday filed a bill that allows the use of funds from the Malampaya natural gas field in health care......»»

Category: newsSource:  thestandardRelated NewsOct 22nd, 2020

Deposito ng natural gas sa Malampaya, lalagpas sa 2024 – Cusi

Manila, Philippines – Sinabi ni Energy Secretary Alfonso Cusi na lalagpas pa sa taong 2024 ang suplay ng natural gas mula sa Malampaya natural gas field sa Palawan. Ginawa ni Cusi ang pahayag bilang tugon sa napababalitang maaaring ubos na ang deposito ng natural gas sa nasabing lugar sa nasabing taon. Ipinaliwanag ng kalihim na […] The post Deposito ng natural gas sa Malampaya, lalagpas sa 2024 – Cusi appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsOct 13th, 2020

SMB s Austria says COVID-19 pandemic leveled the playing field for PBA teams

The six-peat-seeking Beermen will carry a leading 1-0 card into the eyed bubble tournament on the strength of their 94-78 rout of Magnolia in the lone completed game before play suspension last March......»»

Category: sportsSource:  philstarRelated NewsSep 20th, 2020

Gatchalian warns of power outages with depletion of Malampaya field

Senator Sherwin Gatchalian, chairman of the Senate committee on energy, expressed concern over the imminent depletion of natural gas from the Malampaya field in northwest Palawan......»»

Category: financeSource:  thestandardRelated NewsSep 20th, 2020

Meralco rate seen flat in August billing

The customers of Manila Electric Company (Meralco) can rest easy in this month’s billing cycle as the utility firm is anticipating that its all-inclusive pass-on rate will be flattish or there could even be a slight reduction depending on the final billing of its power suppliers. “The overall rate movement looks to be flattish due to improved power situation for the July supply month,” Meralco Spokesman Joe Zaldarriaga has noted. The other factors that could potentially pull down electricity tariffs this month would be the strengthening value of the Philippine peso versus the US dollar; as well as the quarterly repricing of Malampaya natural gas prices. Meralco procures significant portfolio of its supply from power plants fueled by gas from the Malampaya field – hence, the quarterly reckoning of the gas price could have a softening impact on its pass-on cost to the consumers. Zaldarriaga qualified “there is a possibility for a minimal decrease in overall power rates and generation charge because of these factors.” On the supply situation, the Meralco executive noted “there were no yellow alerts in July; and power supply was more stable compared to June – with lower demand in the grid as well.” He indicated that the steady state of power supply in Luzon last month “may contribute to lower WESM (Wholesale Electricity Spot Market) prices and a decrease in generation charge.” And if the impact of the quarterly repricing of the Malampaya gas will be factored in, plus the reinforced value of the local currency, such elements could contribute to the overall lowering of the generation charge for the August billing. The generation charge accounts for roughly 55 to 60-percent of the overall pass-on cost in the electric bills, hence, a downtrend in that cost component could be substantially felt by consumers. Meralco’s electricity rates had been on declining drift in the past months –and this was precipitated by lower generation charge due to slowdown in demand; in addition to the company’s efforts on invoking force majeure claims with its supplier-companies; that in turn had resulted in lower rates for its customers.This year’s plague of the coronavirus pandemic had shifted consumption upswing on to residential end-users; hence, the rate reductions in the past months had been a valuable help in managing power budgets......»»

Category: sportsSource:  abscbnRelated NewsAug 3rd, 2020

DENR asked to probe billionaire& rsquo;s Palawan structures

A Puerto Princesa City-based non-government organization asked the Department of Environment and Natural Resources to investigate the alleged use and occupation of untitled lands in areas under the  Malampaya Sound Protected Landscape and Seascape by certain individuals and groups, including billionaire Beatriz Zobel de Ayala......»»

Category: financeSource:  thestandardRelated NewsJun 14th, 2020

Azkals stay on their toes

The Philippine Azkals may find themselves returning to the field four months from now with the FIFA World Cup and Asian Cup Joint Qualifiers eyed for resumption in October......»»

Category: sportsSource:  philstarRelated NewsJun 6th, 2020

Malampaya restricts supply of natural gas

The Energy Department said Friday the Malampaya gas field in northwest Palawan operated by Shell Philippines Exploration B.V. is restricting supply to natural gas-fired power plants to normalize pressure in the pipeline. .....»»

Category: financeSource:  thestandardRelated NewsJun 6th, 2020

Cusi assures Malampaya& rsquo;s continued operation despite Galoc& rsquo;s shutdown

The Energy Department said Tuesday the $4.5-billion Malampaya natural gas project in northwest Palawan will continue to operate despite the low oil price regime that forced the Galoc oil field to announce the suspension of operation......»»

Category: financeSource:  thestandardRelated NewsJun 2nd, 2020

CIDG to probe ‘irregularities’ in cash aid distribution in Lapu – Ahong

CEBU CITY, Philippines – The Criminal Investigation and Detection Group (CIDG) sent a team from their Lapu-Lapu City field unit to City Hall on Friday to already start their probe on alleged irregularities in the distribution of government subsidies under the Unconditional Cash Transfer (UCT) and the Social Amelioration Program (SAP). In a Facebook post, […] The post CIDG to probe ‘irregularities’ in cash aid distribution in Lapu – Ahong appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2020

Shell stays as Malampaya lead

Despite businessman Dennis Uy’s Udenna Corp.’s buy out of all the shares of its consortium partner Chevron Malampaya LLC, Shell Philippines said Thursday it would remain the operator of the Malampaya gas field in offshore Palawan. Under the joint deal for the Malampaya consortium, Pilipinas Shell communications manager Cesar Abaricia said Shell Philippines Exploration BV […] The post Shell stays as Malampaya lead appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 13th, 2020

Probe eyed in Espenido inclusion in narco-list

Malacañang on Wednesday said it will verify reports that controversial cop, Police Lt. Col. Jovie Espenido, is in the narco-list of President Rodrigo Duterte. Chief presidential Legal Counsel and Spokesperson Salvador Panelo made the remark in an interview at the Palace. “Titignan natin kung totoo o hindi (Let’s see if its true or not),” Panelo […] The post Probe eyed in Espenido inclusion in narco-list appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 12th, 2020

Ateneo tower Ange Kouame being eyed as newest naturalized player

Antipolo Rep. Robbie Puno on Monday urged the House of Representatives to naturalize the Ateneo Blue Eagles’ Ivorian center Angelo Kouame. Puno has filed House Bill No. 5951 which seeks to grant Philippine citizenship to Kouame, stating that the 20-year-old Ivorian center would be an excellent addition to the roster of the Philippine national team for the 2023 FIBA World Cup. “We marveled at his performance that helped clinch a 16-0 sweep for the Ateneo Blue Eagles in the 82nd Season of the UAAP. Mr. Kouame may have had little knowledge of basketball before he came to our shores, but we cannot deny the immense potential he has shown by now,” said the lawmaker. FIBA Internal Regulations allows one naturalized player in a national basketball team, a rule which Puno said many member countries use to their advantage. To date, the Philippines has so far only fielded two naturalized players in Marcus Douthit and Andray Blatche. Puno maintained that in order to boost the national team’s chances at victory in the 2023 FIBA World Cup, a pool of naturalized players must be in place. “This pool of players would be valuable to our national team because the team would have more naturalized players to field in the case of injuries,” said the lawmaker......»»

Category: sportsSource:  abscbnRelated NewsJan 20th, 2020

PCC starts review of Udenna purchase of Malampaya stake

The Philippine Competition Commission (PCC) is preparing its review of Udenna Corp.’s acquisition of Chevron Philippines Ltd.’s 45 percent stake in the Malampaya gas field after being notified of the transaction......»»

Category: financeSource:  philstarRelated NewsDec 12th, 2019

Dennis Uy now owns almost half of Malampaya gas field

MANILA, Philippines – Rising tycoon Dennis Uy now owns almost half of the Malampaya gas field after buying the 45% stake of Chevron Philippines in the facility. In a statement on Wednesday, November 13, Uy's Udenna Corporation said its subsidiary, UC Malampaya Philippines, fully acquired shares ........»»

Category: newsSource:  rapplerRelated NewsNov 13th, 2019

Power supply deficit seen

ONCE the Malampaya gas field goes offline in October, the Manila Electric Co. (Meralco) is seeing a power supply deficit of almost a thousand megawatts (MW) within its franchise area,…READ.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 16th, 2019

SITG eyed to hasten probe on Canlaon, Ayungon officials’ killings

CEBU CITY, Philippines — Police in Canlaon City Negros Oriental are planning to form a Special Investigation Task Group to hasten the investigation in the killings of a former Ayungon town mayor, a Canlaon City councilor and a Barangay Panubigan captain. Police Lieutenant Colonel Joeson Paralag, Canlaon City Police Station chief, said in a phone […] The post SITG eyed to hasten probe on Canlaon, Ayungon officials’ killings appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 30th, 2019

France detains soccer great Platini in 2022 World Cup probe

By John Leicester and Samuel Petrequin, Associated Press PARIS (AP) — French police investigating whether corruption played a role in the stunning decision to award the 2022 World Cup to Qatar took 1980s soccer superstar and former top executive Michel Platini into custody Tuesday for questioning. Platini's representatives denied any wrongdoing on his part, saying he is "absolutely confident in the future" and has "strictly nothing to reproach himself for." Also questioned Tuesday were two one-time associates of former French President Nicolas Sarkozy, adding a layer of political intrigue to the investigation of the hugely controversial decision to hold soccer's showcase tournament in a desert country so scorching hot in June and July that the matches will be played instead in November and December. As head of European soccer's governing body UEFA, Platini was the continent's top representative on the FIFA committee that picked Qatar in 2010. The closed-door, secret-ballot vote baffled many at the time, not least because the Persian Gulf nation has no soccer pedigree to speak of. But gas-rich Qatar is pouring billions into the world's most popular sport and has the means to finance new stadiums. Platini, 63, was taken into custody after being summoned to a French police anti-corruption and financial crimes office outside Paris, a judicial official told The Associated Press, confirming a report by online publication Mediapart. The official was not authorized to discuss the investigation and spoke on condition of anonymity. French authorities did not announce any charges against the soccer legend or say exactly what he was being asked. He can be held for questioning for up to 48 hours, after which he can be either released or formally charged. It was the latest turn in a string of scandals in recent years that have brought down dozens of soccer officials from FIFA and other organizations over such offenses as vote-buying, kickbacks and bribery. French prosecutors are known to be investigating an array of winning bids for major sports events, including the 2018 World Cup, awarded to Russia, the 2020 Olympic Games in Tokyo and track and field world championships. Qatar beat the long-favored United States 14-8 when FIFA selected the host country for the 2022 World Cup. Former FIFA President Sepp Blatter, who presided over the vote, has accused Platini of backing out of a secret "gentleman's agreement" to award the tournament to the United States after meeting with Sarkozy, France's president at the time. Platini's representatives said he was taken into custody only for "technical reasons." His lawyer, William Bourdon, explained that police wanted to ensure that Platini and other witnesses couldn't confer with each other about their accounts. Also detained Tuesday was Sophie Dion, a former sports adviser in Sarkozy's administration, the judicial official said. She was released late in the evening. Claude Gueant, former secretary general of the Elysee presidential palace under Sarkozy, was questioned as a witness and not detained. French prosecutors previously questioned Blatter. Ahead of the FIFA vote, Sarkozy hosted a meeting in November 2010 that brought Platini together with Tamim bin Hamad al-Thani, then the crown prince of Qatar and now its ruling emir. Al-Thani also owns the French soccer club Paris Saint-Germain, and Sarkozy frequently attends its games. Platini has long insisted that the meeting did not influence his vote for Qatar less than two weeks later. "Sarkozy never asked me to vote for Qatar, but I knew what would be good," he told the AP in 2015. But in the same interview, he also said that he "might have told" American officials earlier that he was going to vote for the United States' bid. Blatter quoted Platini as saying ahead of the vote: "I am no longer in your picture because I have been told by the head of state that we should consider the situation of France." FIFA had no comment on Platini's detention and said it has made a "full commitment to cooperating with the authorities." As a player, Platini was one of the best ever, a creative midfielder who lit up the pitch for club and country. He helped France reach the World Cup semifinals in 1982 and 1986 and led his national team to the 1984 European Championship title. He also played club soccer for Nancy and Saint-Etienne before switching to Italian club Juventus. He won three straight Ballon d'Or titles as the best player in Europe while playing for Juventus from 1983 to 1985. Both Platini and Blatter were toppled from their positions at the top of soccer in 2015. Platini was banned by FIFA for financial misconduct in connection with a $2 million payment authorized by Blatter — a suspension set to expire in October. ___ AP Global Soccer Writer Rob Harris in Nice, France, and AP Sports Writer Graham Dunbar in Geneva contributed......»»

Category: sportsSource:  abscbnRelated NewsJun 19th, 2019