News and Updates

Investors nod Phoenix Petroleum ventures

PHOENIX Petroleum Philippines Inc. obtained its stockholders’ green light for some of its business ventures that includes capital infusion for a road transport business. In a disclosure on Monday, the independent oil company said its stockholders approved the creation of a new wholly-owned corporation that would manage, administer, conduct, own, invest, hold and/or operate a […]

The Untold Story of Phoenix Petroleum (Udenna Group) Exclusive interview with the Chief Operating Officer of Phoenix Petroleum, Bong Fadullon

Henry Albert “Bong” Fadullon made a leap of faith into engineering, while Phoenix diversified in industries an oil company isn’t known for. Fadullon didn’t waste any time waiting for the multinational company to call back. Phoenix partnered with multiple companies at the same time, in a very short span of time. As a company, Phoenix […]

Dennis Uy: No plans for Udenna to acquire ABS-CBN

Tycoon Dennis Uy on Sunday denied that Udenna Corporation—the holding company for the Davao-based businessman’s businesses—has plans to buy embattled ABS-CBN Corporation.advertisement Udenna’s chairman and CEO said the company has no plans to go into broadcasting at the moment, and that issues hounding the broadcaster be resolved soon. “Let me be clear once and for […]

Udenna Group COVID-19 Response

In response to the government’s call for businesses to support its workforce during the COVID-19 containment period, the UDENNA Group as a whole has decided to maintain the salaries and benefits of all its employees for theduration of the quarantine period. To further help the affected employees, UDENNA also released half of the 13th month […]

Dennis Uy’s Enderun Tent converted into COVID-19 swabbing center

The Enderun Tent, a premier venue for weddings along Mckinley Hill in Bonifacio Global City, has been transformed into a testing center for suspected coronavirus patients. The Enderun Tent, a premier venue for weddings along Mckinley Hill in Bonifacio Global City, has been transformed into a testing center for suspected coronavirus patients. The events place […]

An Ode to Workers

Dennis Uy: 2Go won’t accept P35-M rent for ships as quarantine

Logistics firm 2Go Group, Inc. will not accept the P35-million payment from the Department of Transportation for the government’s use of its ships as floating quarantine facilities for COVID-19 patients. This was announced on Wednesday night by 2Go chairman Dennis Uy after Transportation Secretary Arthur Tugade said in a briefing that the government rented the ships […]

Gov’t paying Dennis Uy’s 2Go Group at least P35M for use of ‘floating hospitals’

MANILA, Philippines — The government is paying Dennis Uy-led logistics company 2GO Group, Inc. at least P35 million for the use of its two passenger vessels as floating quarantine hospitals for persons suspected of having the new virus that causes COVID-19. Uy is the chairman of the Board of Directors of 2GO Group.  He is also […]