Tuesday, January 31, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

‘Rody’s support of Cusi is still unacceptable’

Macon Ramos-AranetabyMacon Ramos-Araneta
February 7, 2022, 10:05 pm
in National, News
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

Senator Risa Hontiveros said President Rodrigo Duterte’s support for Energy Sec. Alfonso Cusi and other Department of Energy (DOE) officials over the alleged  questionable approval of the Udenna-Chevron deal on the sale of a majority stake in the Malampaya gas field was not surprising but still “unacceptable.”

The Senate resolution which sought  to file administrative and criminal charges against Cusi and 11 other energy officials  was transmitted Friday to the Office of the Ombudsman Senator Sherwin Gatchalian, chair of the Senate committee on energy.

The resolution  showed that the charges were in relation to the sale of the 45 percent stake of Chevron Malampaya LLC in the Malampaya gas field worth $565-million to UC Malampaya. 

In a virtual press conference, Hontiveros aired her  supported go the findings of the Senate energy committee that the DOE officials violated Presidential Decree No. 87 and its own department circular.

“On all counts, Secretary Cusi was not only negligent but he also violated their own department order,” she said.

ADVERTISEMENT

Last Friday,  Duterte he viewed  with grave concern an apparent effort at the Senate to put in bad light recent developments involving the Malampaya gas field.

“This casts undue, undeserved, and unwarranted aspersion on the part of some of our key government officials. This is grossly unfair to them and to the public,” he also said is a statement.

Hontiveros assailed Duterte’s statement, saying the Malampaya deal was done “under the cover of darkness.”

The re-elections senator said she  is one of the senators who actively participated in the series of Senate energy committee investigations that stemmed from Davao-based businessman Dennis Uy’s Malampaya Philippines Pte. Ltd. buyout of Chevron Philippines’ stake in the offshore gas field in Palawan in 2020.  It has since been renamed UC MPPL or UC Malampaya.

Recently, the Udenna Corporation maintained that there was no transfer ofmrights or obligations  in the Udenna-Chevron deal on the sale of Malampaya Consortium shares.

The DOE has also maintained that the Malampaya sale to the Udenna subsidiary is “above board.”

During a Senate Energy Committee hearing in September last year, DOE officials affirmed the financial soundness and legality of the $565-million transaction between UC Malampaya and Chevron deal that transferred 45 percent stake in the Malampaya Energy project to the Udenna Group of Davao businessman Dennis Uy.

“When the DOE stretched the application of DC 2007 it affected, among others, the evaluation of our Financial Services. Based on the memorandum we submitted, you will find that there were two entities evaluated: UC 38 which is the new name of Chevron, and of course UC Malampaya,” DOE Energy Resource Development Bureau Director Cesar de la Fuente said.

Aside from Cusi, among those being called to be held accountable are Undersecretary Donato D. Marcos, OIC Undersecretary Robert B. Uy, Assistant Secretary Gerardo D. Erguiza Jr., Assistant Secretary Leonido J. Pulido III, Director Cesar G. Dela Fuente, Director Arthur N. Tenazas, Director Araceli A. Santos-Soluta, OIC Assistant Director Guillermo H. Ansay, Chief Thelma Cerdeña, Chief R.J.A. Delos Santos, and Mr. Demujin F. Antiporda.

Tags: Department of EnergyEnergy Sec. Alfonso CusiMalampaya gas fieldRodrigo DuterteSenator Risa HontiverosUdenna-Chevron deal
ADVERTISEMENT
Macon Ramos-Araneta

Macon Ramos-Araneta

Related Posts

PBBM rolls out 5-year dev’t plan

byVito Barceloand1 others
January 31, 2023, 1:40 am
0
8
Arcilla, Kinaadman to dispute Brookside Open title

Signs EO for economic recovery to uplift lives of ordinary Pinoys President Ferdinand Marcos Jr. has signed an executive order...

Read more

Mr. Marcos says education system ‘failed’ the children

byVince Lopezand1 others
January 31, 2023, 1:30 am
0
8
Tiamzons killed in boat explosion? Military mum on details of incident

President Ferdinand Marcos Jr. on Monday said the education system has “failed” Filipino children as he vowed to do better...

Read more

Fuel price hikes: Gas up P1.30/l, diesel by P1/l

byAlena Mae S. Floresand1 others
January 31, 2023, 1:10 am
0
8
Senate-Comelec accord

Domestic pump prices went up for the third consecutive week by as much as P1.35 per liter effective 6 a.m....

Read more

Enrile slams ICC, suggests probers’ arrest for interfering

byRey E. Requejoand1 others
January 31, 2023, 1:00 am
0
8
Sen. Imee Marcos commemorates martial law’s 50th year

Presidential Chief Legal Counsel Juan Ponce Enrile on Monday recommended that investigators working for the International Criminal Court (ICC) be...

Read more

Power snaps may hit rural areas

byAlena Mae S. Flores
January 31, 2023, 12:50 am
0
8
Napocor seeks higher charges

State-run National Power Corp. warned on Monday about year-long daily power interruptions affecting 1.3 million households in remote islands and...

Read more

PBBM vows ‘all possible aid’ to Ranara family

byVince Lopezand1 others
January 31, 2023, 12:30 am
0
8
PBBM vows ‘all possible aid’ to Ranara family

President Ferdinand Marcos Jr. on Monday vowed to extend all possible assistance to the family of Jullebee Ranara, the 35-year-old...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • PBBM rolls out 5-year dev’t plan
  • Mr. Marcos says education system ‘failed’ the children
  • Fuel price hikes: Gas up P1.30/l, diesel by P1/l
  • Enrile slams ICC, suggests probers’ arrest for interfering
  • Power snaps may hit rural areas
  • PBBM vows ‘all possible aid’ to Ranara family
  • SC nullifies SEC memo on CPAs, external audits

Advertisement

Latest News

Power snaps may hit rural areas

byAlena Mae S. Flores
January 31, 2023, 12:50 am
0
8
Napocor seeks higher charges

State-run National Power Corp. warned on Monday about year-long daily power interruptions affecting 1.3 million households in remote islands and...

Read more

PBBM vows ‘all possible aid’ to Ranara family

byVince Lopezand1 others
January 31, 2023, 12:30 am
0
8
PBBM vows ‘all possible aid’ to Ranara family

President Ferdinand Marcos Jr. on Monday vowed to extend all possible assistance to the family of Jullebee Ranara, the 35-year-old...

Read more

SC nullifies SEC memo on CPAs, external audits

byRey E. Requejo
January 31, 2023, 12:20 am
0
8
Omicron now dominant virus variant in US

The Supreme Court has nullified for being unconstitutional the memorandum circulars issued by the Securities and Exchange Commission that required...

Read more

Now things get ‘egg-citing’

byManila Standard
January 31, 2023, 12:15 am
0
8
Now things get ‘egg-citing’

First, we got reports on the unrestrained smuggling of food products like sugar, rice, onions, fish and meat—but no one...

Read more

Victory for press freedom

byTony La Viña
January 31, 2023, 12:10 am
0
8
Denying Villafuerte justice

"May the free press win in all these cases" Rappler Holdings Corporation and its president Maria Ressa have been acquitted...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App