^
+ Follow CALTEX AND STAR MART Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 279934
                    [Title] => Consumers push for Shell shares listing
                    [Summary] => The Consumer and Oil Price Watch (COPW) will ask the government to compel oil refiner Pilipinas Shell Petroleum Corp. to list at least 10 percent of its shares in the country’s stock exchange. 


In a press conference, COPW chairman Raul T. Concepcion said it is high-time for the government to look into the long-delayed initial public offering (IPO) of Shell, which is supposed to be undertaken three years after the passage of the Oil Deregulation Law in 1998.
[DatePublished] => 2005-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 238590 [Title] => DOE eases rule on oil firms’ IPO [Summary] => The Department of Energy (DOE) is easing on its stance to compel oil companies to conduct an initial public offering (IPO) of their shares at the stock market until after oil prices stabilize.

"We are trying to resolve first the issue of (rising) oil prices. I think the IPO is secondary in our priority right now," Energy Secretary Vincent S. Perez said.

But Perez said, they are still in discussions with the Department of Justice (DOJ) on the possible amendment of an earlier DOJ opinion favoring the delay in the IPO of the oil firms.
[DatePublished] => 2004-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 235402 [Title] => DOE says Caltex, Shell not yet off the hook in mandatory IPO issue [Summary] => The Department of Energy (DOE) is still keen on compelling oil firms Pilipinas Shell Petroleum Corp. and Caltex Philippines Inc. to offer their shares to the public through the initial public offering (IPO) route.

"We are not neglecting our obligation to implement the law. We are just waiting for the Department of Justice’s opinion," Energy Secretary Vincent S. Perez said.

Perez said both Shell and Caltex will still have to undertake their respective IPOs, even as the latter has decided to close its oil refinery.
[DatePublished] => 2004-01-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 222272 [Title] => Caltex may still list shares in stock market [Summary] => Caltex Philippines Inc. may still list its shares in the local stock market despite the move to convert its refinery into an oil storage terminal, a ranking energy official said.

"We have to coordinate with other agencies to see if Caltex is still bound to conduct an initial public offering (IPO)," Energy Secretary Vincent S. Perez said.
[DatePublished] => 2003-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CALTEX AND STAR MART
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 279934
                    [Title] => Consumers push for Shell shares listing
                    [Summary] => The Consumer and Oil Price Watch (COPW) will ask the government to compel oil refiner Pilipinas Shell Petroleum Corp. to list at least 10 percent of its shares in the country’s stock exchange. 


In a press conference, COPW chairman Raul T. Concepcion said it is high-time for the government to look into the long-delayed initial public offering (IPO) of Shell, which is supposed to be undertaken three years after the passage of the Oil Deregulation Law in 1998.
[DatePublished] => 2005-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 238590 [Title] => DOE eases rule on oil firms’ IPO [Summary] => The Department of Energy (DOE) is easing on its stance to compel oil companies to conduct an initial public offering (IPO) of their shares at the stock market until after oil prices stabilize.

"We are trying to resolve first the issue of (rising) oil prices. I think the IPO is secondary in our priority right now," Energy Secretary Vincent S. Perez said.

But Perez said, they are still in discussions with the Department of Justice (DOJ) on the possible amendment of an earlier DOJ opinion favoring the delay in the IPO of the oil firms.
[DatePublished] => 2004-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 235402 [Title] => DOE says Caltex, Shell not yet off the hook in mandatory IPO issue [Summary] => The Department of Energy (DOE) is still keen on compelling oil firms Pilipinas Shell Petroleum Corp. and Caltex Philippines Inc. to offer their shares to the public through the initial public offering (IPO) route.

"We are not neglecting our obligation to implement the law. We are just waiting for the Department of Justice’s opinion," Energy Secretary Vincent S. Perez said.

Perez said both Shell and Caltex will still have to undertake their respective IPOs, even as the latter has decided to close its oil refinery.
[DatePublished] => 2004-01-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 222272 [Title] => Caltex may still list shares in stock market [Summary] => Caltex Philippines Inc. may still list its shares in the local stock market despite the move to convert its refinery into an oil storage terminal, a ranking energy official said.

"We have to coordinate with other agencies to see if Caltex is still bound to conduct an initial public offering (IPO)," Energy Secretary Vincent S. Perez said.
[DatePublished] => 2003-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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