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                    [Title] => Government books proceeds from sale of Petron
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The National Government (NG) has already booked the proceeds from the sale of its 40 percent stake in Petron Corp., significantly boosting state coffers, National Treasurer Roberto Tan said yesterday.
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                    [Title] => Government expects Ashmore to complete payment for 40% Petron stake by December 24
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The government said it expects the Ashmore Group to finalize the payment for its 40 percent stake in Petron on or before Dec. 24 or up to five days from the signing of the sale agreement last Friday.
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                    [Title] => Government expects P21B from sale of Petron stake
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The government expects to generate P21 billion in net proceeds from the sale of its 40- percent stake in Petron Corp., the country’s largest oil refiner, Finance Undersecretary Jeremias Paul Jr. said yesterday.
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                    [Title] => Government to raise P20B from sale of assets next year
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The government is looking at raising P20 billion from the sale of state-owned assets next year, Finance Secretary Margarito Teves said during the weekend.
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                    [Title] => Government to use Petron proceeds to boost infrastructure spending
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The government plans to use the proceeds from the sale of its stake in Petron Corp. to boost infrastructure spending, Finance Undersecretary Gil Beltran said yesterday.
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                    [Title] => Gov't not likely to borrow $750M overseas - BTr chief
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                    [Title] => Ashmore gets Dec 5 deadline
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                    [Title] => Gov't still waiting for Ashmore to exercise right on Petron stake
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The government is still waiting for the Ashmore Group to exercise its right of first refusal on the government’s 40-percent stake in Petron Corp.
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                    [Title] => NG mulls buyback of Aramco stake in Petron
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The National Government (NG) is studying the possibility of buying back the 40-percent stake of Aramco Overseas Co. (Saudi Aramco) in Petron Corp., a top energy official...
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ARAMCO OVERSEAS CO

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The National Government (NG) has already booked the proceeds from the sale of its 40 percent stake in Petron Corp., significantly boosting state coffers, National Treasurer Roberto Tan said yesterday.
                    [DatePublished] => 2009-01-06 00:00:00
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The government said it expects the Ashmore Group to finalize the payment for its 40 percent stake in Petron on or before Dec. 24 or up to five days from the signing of the sale agreement last Friday.
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The government expects to generate P21 billion in net proceeds from the sale of its 40- percent stake in Petron Corp., the country’s largest oil refiner, Finance Undersecretary Jeremias Paul Jr. said yesterday.
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                    [Title] => Government to use Petron proceeds to boost infrastructure spending
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                    [Title] => NG mulls buyback of Aramco stake in Petron
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The National Government (NG) is studying the possibility of buying back the 40-percent stake of Aramco Overseas Co. (Saudi Aramco) in Petron Corp., a top energy official...
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abtest

Government books proceeds from sale of Petron

By Iris Gonzales | January 6, 2009 - 12:00am

The National Government (NG) has already booked the proceeds from the sale of its 40 percent stake in Petron Corp., significantly boosting state coffers, National Treasurer Roberto Tan said yesterday.

Business

Government expects Ashmore to complete payment for 40% Petron stake by December 24

By Iris Gonzales | December 21, 2008 - 12:00am

The government said it expects the Ashmore Group to finalize the payment for its 40 percent stake in Petron on or before Dec. 24 or up to five days from the signing of the sale agreement last Friday.

Business

Government expects P21B from sale of Petron stake

By Iris Gonzales | December 20, 2008 - 12:00am

The government expects to generate P21 billion in net proceeds from the sale of its 40- percent stake in Petron Corp., the country’s largest oil refiner, Finance Undersecretary Jeremias Paul Jr. said yest...

Business

Government to raise P20B from sale of assets next year

By Iris Gonzales | December 15, 2008 - 12:00am

The government is looking at raising P20 billion from the sale of state-owned assets next year, Finance Secretary Margarito Teves said during the weekend.

Business

Government to use Petron proceeds to boost infrastructure spending

By Iris Gonzales | December 10, 2008 - 12:00am

The government plans to use the proceeds from the sale of its stake in Petron Corp. to boost infrastructure spending, Finance Undersecretary Gil Beltran said yesterday.

Business

Gov't not likely to borrow $750M overseas - BTr chief

By Iris Gonzales | December 3, 2008 - 12:00am

The government may not have to borrow up to $750 million overseas this year whether or not it successfully sells its stake in oil refiner Petron Corp.

Business

Ashmore gets Dec 5 deadline

By Iris Gonzales | November 19, 2008 - 12:00am

The government has given the Ashmore Group until Dec.

Business

Gov't still waiting for Ashmore to exercise right on Petron stake

By Iris Gonzales | November 13, 2008 - 12:00am

The government is still waiting for the Ashmore Group to exercise its right of first refusal on the government’s 40-percent stake in Petron Corp.

Business

Petron won’t change business strategy

By Donnabelle L. Gatdula | May 14, 2008 - 12:00am

Business

NG mulls buyback of Aramco stake in Petron

By Donnabelle L. Gatdula | March 24, 2008 - 12:00am

The National Government (NG) is studying the possibility of buying back the 40-percent stake of Aramco Overseas Co. (Saudi Aramco) in Petron Corp., a top energy official...

Business