Malampaya
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Malampaya
The Malampaya gas field or the Malampaya-Camago field is a deepwater gas-condensate reservoir, located in the Service Contract 38 license area, located offshore, 65 km northwest of the island of Palawan, Philippines. Background The field was discovered during the drilling of the Camago-1 well in 1989, and following successful appraisal of the Malampaya field in the 1990s, first gas flowed in September 2001. Commercial production started in January 2002. The field was developed and currently operated by Shell Philippines Exploration B.V. (SPEX), under Royal Dutch Shell, the Royal Dutch Shell; with joint venture partners - Chevron Corporation, Chevron Malampaya LLC and Philippine National Oil Company#PNOC Exploration Corporation, Philippine National Oil Company Exploration Corporation. On November 13, 2019, the Dennis Uy-led Udenna Corp. acquired Chevron Philippines Ltd.’s 45% stake. The Senate raised "red flags" about the company's expertise and financial capability to op ...
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Philippines And The Spratly Islands
Philippines and the Spratly Islands – this article discusses the policies, activities and history of the Republic of the Philippines in the Spratly Islands from the Philippine perspective. Non-Philippine viewpoints regarding Philippine occupation of several islands are currently not included in this article. This article often uses the Philippine names of the maritime features, rather than the international names. Overview The Philippines, along with Vietnam, the People's Republic of China (PRC), the Republic of China (ROC), Malaysia and Brunei, is a claimant country in the disputed Spratly Islands of the South China Sea. , the Philippines are occupying and/or controlling eleven features (eight islands, three reefs), as detailed in the following table: By comparison, within the Spratly Islands: * Vietnam occupies and/or controls six islands, seventeen reefs and three banks, * ROC occupies and/or controls one island and one reef, * Malaysia occupies and/or controls one ar ...
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Malampaya Sound Protected Landscape And Seascape
Malampaya Sound is a protected inlet of the South China Sea on the northwestern coast of Palawan Island in western Philippines. It is a geographic sound consisting of a complex of sheltered bays, coves, estuaries and islands separated from the sea to the west by the Copoas Peninsula. The sound is within the municipality of Taytay and is an important feature for the ecology and economy of the province of Palawan. It is considered one of the finest natural harbors in the Philippines and one of Palawan's richest fishing grounds. The entire embayment and its surrounding landscape was declared a marine protected area in 2000 known as the ''Malampaya Sound Protected Landscape and Seascape''. It covers of both aquatic and terrestrial environment with diverse ecosystems consisting of mangroves, coral reefs and seagrass beds, and a variety flora and fauna endemic to Palawan. The sound is the only known habitat of Irrawaddy dolphins in the Philippines. Description Malampaya Sound is about ...
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Janet Lim-Napoles
Janet Lim-Napoles (born Janet Luy Lim; January 15, 1964) is a Filipina businesswoman who is believed to have masterminded the Priority Development Assistance Fund (PDAF) Scam. She was convicted of plunder for her involvement in the PDAF Scam and is facing charges for alleged involvement in the misuse of the Malampaya fund for disaster response operations. Early life Janet Luy Lim was born in Malabon, then a municipality of Rizal. She is the fourth of five children of a Chinese Filipino couple: Johnny Co Lim (born Lim King Sing) and Magdalena "Nelly" Lim Luy. The family lived in Binondo, Manila until December 1970, when Johnny Co Lim died, and Luy returned with her children to her hometown of Maluso, Basilan. Napoles, who was six at the time, studied at the Maluso Central Elementary School, and completed her secondary education at a local Claretian school. The family ran the Luys' sari-sari store, and delivered drinks to workers at the local port. However, some residents of M ...
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Philippine National Oil Company
The Philippine National Oil Company (PNOC) is an energy company created on November 9, 1973, as a government-owned and controlled corporation founded during President Ferdinand Marcos' era to supply oil to the Philippines. Since then, its charter has been amended several times to include exploration, exploitation and development of all energy resources in the country. History PNOC was created in response to the 1970s energy crisis. The Philippine government, governed by President Ferdinand Marcos, responded to the crises by founding PNOC and forging oil-supply partnerships with supplier countries. The government later acquired refineries and petroleum transport and marketing firms with the aim of being a “total” energy company. PNOC also initiated the exploration of the country’s oil and non-oil energy resources, such as geothermal. PNOC Exploration Corporation concentrates on the oil and gas business. Its Malampaya Deepwater Gas-to-Power Project is one of the largest a ...
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Dennis Uy
Dennis Ang Uy (; born September 26, 1973) is a Filipino businessman and diplomat. Uy is the founder of Udenna Corporation, which has stakes in various businesses including Phoenix Petroleum. Early life and education Dennis Ang Uy was born and raised in Davao City to an ethnic Chinese family based in Davao, which is part of the Uys' third generation. Uy's grandparents, Ega Uy and Tao Sui Eng were ethnic Chinese who settled in Davao as merchants. They had a store which sold fishing equipment and bread while his parents ran a small business which sold copra. He is the eldest among siblings. According to his own account, Dennis played basketball as a childhood hobby while at the same time sold school supplies and basketball cards to his classmates. In 1993, Uy studied in De La Salle University in Manila to pursue a Bachelor of Science in Business Management degree and started to trade in the stock market. Since he had an average academic performance by his own account he decided ...
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Pandacan Oil Depot
The Pandacan Oil Depot was a 33-hectare compound in Pandacan, Manila, Philippines. It housed the storage facilities and distribution terminals of three major players in the country's petroleum industry, namely Caltex (a petroleum brand name of Chevron Corporation), Petron Corporation, Petron, and Royal Dutch Shell, Shell. The oil depot took its roots from separate establishments by these oil companies. The continued operation of the oil depot in a densely populated major city was a subject of various concerns, including its environmental and health impact to the residents of Manila. History Shell established facilities in 1914. Caltex began using the Pandacan warehouse depot in 1917, when it started marketing its products in the Philippines. Eleven years later, its Pandacan warehouse depot was converted into a key distribution terminal to bring products to nearby provinces. Petron followed suit in 1922. Incidents and concerns The continued operation of the oil depot in a ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Department Of Budget And Management
The Department of Budget and Management (DBM; fil, Kagawaran ng Badyet at Pamamahala) is an executive body under the Office of the President of the Philippines. It is responsible for the sound and efficient use of government resources for national development and also as an instrument for the meeting of national socio-economic and political development goals. The department has four undersecretaries and four assistant secretaries. History At the beginning of the 20th century, the Second Philippine Commission, acting as a legislative body, enacted appropriations measures for the annual expenditures of the government. This was in accordance with the Philippine Bill of 1902, which decreed that disbursements from the national treasury were to be authorized only in pursuance of appropriations made by law. With the passage of the Jones Law in 1916, the Philippine Legislature was set up with two chambers: the Philippine Senate and the House of Representative. The governor-general w ...
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Nongovernmental Organizations
A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others. Surveys indicate that NGOs have a high degree of public trust, which can make them a useful proxy for the concerns of society and stakeholders. However, NGOs can also be lobby groups for corporations, such as the World Economic Forum. NGOs are distinguished from international and intergovernmental organizations (''IOs'') in that the latter are more directly involved with sovereign states and their governments. The term as it is used today was first introduced in Article 71 of the newly-formed United Nations' Charter in 1945. While there is no fixed or formal definition for what NGOs are, they are general ...
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Typhoon Parma
Typhoon Parma, known in the Philippines as Typhoon Pepeng, was the second typhoon to affect the Philippines within the span of a week during September 2009. Typhoon Parma was assigned by PAGASA as Pepeng, when it entered the Philippine Area of Responsibility days after Typhoon Ketsana wreaked havoc on the country. Parma spared the capital and instead lashed the northern part of Luzon island. Parma added to the damage caused by the earlier Typhoon Ketsana, affecting thousands of families on the north, especially on Pangasinan province where the San Roque Dam inadvertently released water to prevent its breach. However, in the first week of October, Parma interacted with the incoming Typhoon Melor on the Pacific (via a Fujiwhara interaction), rendering it stationary as it made landfall on Southern Taiwan. Days later, the greatly weakened Parma retreated back to Luzon making further landfalls on Ilocos Norte and Cagayan. The now severe tropical storm Parma then began to wane its stre ...
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Typhoon Ketsana
Typhoon Ketsana, known in the Philippines as Tropical Storm Ondoy, was the second-most devastating tropical cyclone of the 2009 Pacific typhoon season, causing United States dollar, $1.15 billion in damages and 921 fatalities, only behind Typhoon Morakot, Morakot earlier in the season, which caused 789 deaths and damages worth United States dollar, $6.2 billion. Ketsana was the sixteenth tropical storm, and the eighth typhoon of the season. It was the most devastating tropical cyclone to hit Metro Manila, Manila, surpassing Typhoon Patsy (1970), Typhoon Patsy (Yoling) in 1970 Pacific typhoon season, 1970. Ketsana formed early about to the northwest of Palau on September 23, 2009. The depression remained weak and was downgraded to a low pressure area later that day by the Japan Meteorological Agency (JMA) and after drifting through extremely favorable conditions, it intensified the next day and was categorized as Tropical Depression by the Philippine Atmospheric, Geophysical and ...
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Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP"
Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, ...
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