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                    [Title] => Government pushes anew for oil exploration amid looming crisis
                    [Summary] => The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth.


Ten exploration contracts have been awarded to foreign and local oil firms to search in waters off central and northern Philippines, the Department of Energy (DoE) said in a statement.


"We have to actively push for energy independence by developing our own resources to mitigate the adverse effects of soaring oil prices," Energy Secretary Raphael Lotilla said.


                    [DatePublished] => 2005-08-20 00:00:00
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ARAGORN POWER CORP

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                    [Title] => Government pushes anew for oil exploration amid looming crisis
                    [Summary] => The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth.


Ten exploration contracts have been awarded to foreign and local oil firms to search in waters off central and northern Philippines, the Department of Energy (DoE) said in a statement.


"We have to actively push for energy independence by developing our own resources to mitigate the adverse effects of soaring oil prices," Energy Secretary Raphael Lotilla said.


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abtest

Government pushes anew for oil exploration amid looming crisis

August 20, 2005 - 12:00am

The government is now pushing for oil exploration to meet the challenge of skyrocketing crude oil prices that could threaten economic growth. Ten exploration contracts have been awarded to foreign and local oil...

Headlines