Dennis Uy wants entire Malampaya gas field after Shell exit

·

·

Dennis Uy wants entire Malampaya gas field after Shell exit

Dennis Uy’s Udenna Corporation expressed interest in getting hold of the entire operations of the $4.5-billion (P218-billion) Malampaya gas field, after Shell Philippines Exploration BV (SPEX) unloaded its 45% stake. Udenna has a 45% interest in …
See Original Article

Trafigura Group forms new renewables company

Commodity trader Trafigura Group has formed a new company to invest in solar, wind and energy storage projects globally. Nala Renewables, a joint venture with global institutional fund manager IFM Investors, is aiming to have 2GW of projects operational, …
See Original Article

Reliance Industries Might Join Hands With United Telelinks For 4G Smartphones

After disrupting the telecom sector, Reliance Industries is now planning to foray into the smartphone market. The company is likely to acquire United Telelinks or sign a manufacturing deal for the same. This development comes after Reliance Jio received …
See Original Article

Tata vs Mistry feud: Tata Group reaches out to wealth funds to buy out Shapoorji stake

The Tata Group has turned to many investors, comprising sovereign wealth funds, to secure funds to buy out the Mistry family’s stake in Tata Sons Ltd. Chairman (Tata Sons Ltd.) N. Chandrasekaran is charting the course of talks with prospective investors, the …
See Original Article

'Going concern' doubts raised by Genesis, Signature prompt write-down by Omega, potential write …

Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.