+ Follow BASEOIL Tag
BASEOIL
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 98252
[Title] => Various groups buck baseoil tariff hike
[Summary] => Government agencies, transport groups and the local oil industry in general have joined hands in opposing Senate Bill (SB) 2203 which seeks to increase the tariff on imported baseoil and lubricants from three percent to 20 percent.
Pilipinas Shell Petroleum Corp., operator of the only baseoil refinery in the Philippines, is supporting the bill.
[DatePublished] => 2000-12-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 98242
[Title] => Shell chides Petron for being ‘unnationalistic’
[Summary] => Pilipinas Shell Petroleum Corp. (Shell) lashed out yesterday at Petron Corp. for being "unnationalistic" as the latter prefers to import baseoil products instead of sourcing its requirements from an existing baseoil refinery in Pililia, Rizal which is owned by Shell.
Shell officials were referring to the opposition of Petron to Senate Bill (SB) 2203, which proposes to impose a 20-percent tariff on imported grade 1 baseoil and lubricants. A three-percent tariff is currently being applied which is considered among the lowest in the region.
[DatePublished] => 2000-12-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98003
[Title] => Petron bucks hike in baseoil tariff
[Summary] => Industry leader Petron Corp. registered yesterday its opposition to a bill seeking to increase the tariff on baseoil saying the proposal "creates a baseoil monopoly that favors a single entity."
Senate Bill (SB) 2203, authored by Sen. Juan Ponce Enrile seeks to increase the tariff on imported baseoil from the existing three-percent to 20 percent.
[DatePublished] => 2000-11-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 98849
[Title] => Oil firms lament Congress move to fasttrack baseoil tariff proposal
[Summary] => Local oil firms have expressed concern over the speed with which a legislative proposal to impose a 20-percent tariff on imported baseoils is being handled in both Houses of Congress.
In the Upper House, Senate Bill (SB) 2203 has been scheduled for second reading at the floor which in what is perceived as merely "going through the motions." Earlier, House Bill (HB) 12268, also proposing a similar import duty, was passed.
[DatePublished] => 2000-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 98763
[Title] => Oil sector split over proposed tariff hike
[Summary] => The oil industry is split over a legislative proposal seeking to increase the tariff on base oil, a form of crude oil which yields lubricants and other similar byproducts.
Petron Corp., Caltex Philippines Inc., and the rest of the oil industry are said to be forming a "united opposition" against House Bill (HB) 12268 while the Department of Energy (DOE) and Pilipinas Shell Petroleum Corp. have openly favored the legislative initiative.
[DatePublished] => 2000-11-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 98667
[Title] => OilEx worries Total more than peso fall
[Summary] => French firm Total Petroleum Philippines Corp. (TPPC) is more concerned with legislations that will affect the oil industry than the unstable political climate resulting in the deterioration of the peso.
"We are in constant discussion with our principals (in Paris) regarding the socio-political climate but we are more concerned with the legal framework than the foreign exchange situation," outgoing TPPC president Jean Jacques Jung said yesterday.
Jung was referring to the national oil exchange bill (OilEx) and the proposed 20 percent tariff on imported baseoil.
[DatePublished] => 2000-10-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 98566
[Title] => Tariff body bucks higher tariff on baseoil products
[Summary] => The Tariff Commission (TC) is not in favor of the proposed 20-percent ad valorem tariff on imported baseoil products, citing conflicting provisions embodied in Republic Act (RA) 8180 or the Oil Deregulation Law and several executive orders.
[DatePublished] => 2000-10-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
October 28, 2000 - 12:00am
