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Articles by Enrique Razon-Junior
Renewable energy galing sa basura, isinusulong | Pilipino Star Ngayon
MANILA, Philippines — Bilang bahagi ng pagpapalawak ng produksiyon ng renewable energy sa bansa, nakatakdang ilunsad ng Department of Energy (DOE) ang isang special auction round sa Oktubre 13 sa ilalim ng Green Energy Auction Program (GEAP). Noong 2021, itinatag ng kagawaran ang GEAP bilang isang bidding system na layong palakasin ang clean energy projects sa bansa at magkaroon ng mas mababang presyo ng renewable energy.
Ramon Ang acquires Gabby Lopez's 25.68% stake in Lopez Inc.
MANILA, Philippines — Tycoon Ramon Ang is buying the 25.68% stake in Lopez Inc. held by the family branch of former ABS-CBN chairman Eugenio "Gabby" Lopez III, bringing an outsider into the private parent of the Lopez Group amid a months-long family feud. Crème Investment Corp., the holding company representing Gabby's branch of the Lopez family, sold its entire stake in Lopez Inc. to Ang, according to disclosures and statements released Monday, August 10.
SEC lets Lopez firm hold annual meeting without electing directors
MANILA, Philippines — First Philippine Holdings Corp. will proceed with its annual stockholders' meeting on July 27 without electing a new board, after securing clearance from the Securities and Exchange Commission to defer the vote while the Lopez family's company tussles remain unresolved.
Lopez family's 71% majority accuses Piki of 'poison pills' to cling to power
MANILA, Philippines — Twelve members of the Lopez family have released a statement accusing their cousin Federico "Piki" Lopez of breaching his duties as corporate officer by allegedly inserting contract clauses worth P24 billion that shield him from removal. The statement released Monday, April 27, titled "A Matter of Trust and Governance," is the first time the majority shareholders of Lopez Inc. have publicly spoken under their own names rather than through lawyers.
Razon firm to acquire major Colombian oil producer
MANILA, Philippines — Prime Infrastructure Capital, the energy investment arm of tycoon Enrique Razon Jr., has agreed to acquire Colombia's largest independent oil and gas exploration and production company. American investment firm Carlyle announced March 11, Wednesday, that it had signed an agreement to sell SierraCol Energy to Razon's firm, with the transaction expected to close in the first quarter of 2026 subject to regulatory approvals.
Kiko Barzaga gets another 60-day suspension with no pay
MANILA, Philippines — The House of Representatives has imposed another 60-day suspension on Rep. Kiko Barzaga (Cavite, 4th District) for continued disorderly behavior, adopting the recommendation of the ethics committee. During this period, Barzaga will again be barred from performing official duties and will not receive two months' worth of salary or allowances.
Puno files libel case vs Barzaga over bribery allegations
MANILA, Philippines — House Deputy Speaker Ronaldo Puno officially took legal action against Rep. Kiko Barzaga (Cavite, 4th District) over bribery allegations involving the National Unity Party (NUP). Puno, who chairs the House’s second-largest party, filed a cyberlibel complaint against Barzaga on Tuesday, January 20, at the Antipolo City Prosecutor’s Office over Facebook posts referring to him. One of the posts he cited was the one made on January 9.
DOE sees more Malampaya gas discoveries
MANILA, Philippines — The historic natural gas find at the Malampaya East-1 (MAE-1) may soon be followed by more breakthroughs, as the government expects initial results from two more wells by the end of this quarter. In a statement yesterday, the Department of Energy said it is closely monitoring drilling activities at the Camago-3 and Bagong Pag-asa-1 wells, aiming to strike more gas and give further boost to the country’s power supply.
NUP eyes Barzaga's expulsion from Congress
MANILA, Philippines — House Deputy Speaker Ronaldo Puno said the National Unity Party is looking to have Rep. Kiko Barzaga expelled through a new ethics complaint instead of seeking an extension to his 60-day suspension. In a press conference on Friday, January 16, Puno said Barzaga has "outright defied" and ignored the House ethics committee’s decision to suspend him, continuing to spread corruption claims against his fellow lawmakers on social media instead of bringing them to the proper forum.
Razon sues Barzaga for cyber libel
MANILA, Philippines — Tycoon Enrique Razon Jr. has filed a cyber libel complaint against Cavite Rep. Francisco Barzaga for linking the businessman to corruption in Congress and bribery in last year’s midterm elections. Razon, chairman of port giant International Container Terminal Services Inc.
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