Chinese dilemma in oil & gas exploration in South China Sea Among the areas in the South China Sea, Reed Bank is the most promising area for oil and gas exploration. Recto Bank is said to contain most of the oil and natural gas in the South China Sea. For this fact, China is notContinue reading “DITO not only a telco play but may also be a beneficiary of the South China Sea exploration resumption”
Tag Archives: Manuel V. Pangilinan
Dito 3rd telco affiliate PNX not MVP led PXP could likely be the winner in the resumption of exploration in the South China Sea
Among the areas in the South China Sea, Reed Bank is the most promising area for oil and gas exploration. Recto Bank is said to contain most of the oil and natural gas in the South China Sea. Exploration in Reed Bank is covered by Service Contract 72 which is being operated by Forum EnergyContinue reading “Dito 3rd telco affiliate PNX not MVP led PXP could likely be the winner in the resumption of exploration in the South China Sea”
First Philippine Holdings (FPH) may increase cash dividend to spruce up value to fend off a potentially hostile SSS holding a 5.48% stake
First Philippine Holdings Corporation (FPH) is the holding company controlling First Gen Corporation (FGEN). FPH controls 67.74% of FGEN. FGEN is one of the Philippines’ largest power generation companies. It owns a portfolio of solar, wind, hydro, geothermal and natural gas power generation assets. Aside from its controlling stake in FGEN, FPH also controls RockwellContinue reading “First Philippine Holdings (FPH) may increase cash dividend to spruce up value to fend off a potentially hostile SSS holding a 5.48% stake”
PLDT (TEL) sells Smart Towers as it addresses triple threat
It was reported that DMC Urban Property Developers, Inc.’s acquisition of PLDT’s (TEL) Smart Towers office building and the land they are built on has been approved by the Philippine Competition Commission. The sale is amidst the threats TEL is facing. TEL is facing a triple threat – of elevated capital expenditure requirements, elevated debtContinue reading “PLDT (TEL) sells Smart Towers as it addresses triple threat”