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                    [ArticleID] => 1267777
                    [Title] => Seaoil sets P2.98-B expansion budget
                    [Summary] => 
Mid-sized oil player Seaoil Philippines Inc. is pouring in P2.98 billion to finance its expansion program for 2014, its top official said in a briefing yesterday.

                    [DatePublished] => 2013-12-14 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 304675
                    [Title] => Oil firms soften price increase
                    [Summary] => The good news is that four petroleum companies, including the so-called "Big Three," have cut by 60 to 80 centavos per liter their pump prices because world market prices of crude oil have softened.


This, they said, would ease the impact of the expanded value-added tax (EVAT).


The bad news is, because of the EVAT, which takes effect today, motorists will still pay more for gasoline by an average of nearly P2 per liter despite the price cut.


Motorists would be paying more if world market prices of crude oil had not gone down, oil companies said.


                    [DatePublished] => 2005-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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CALTEX PHILIPPINES AND TOTAL

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    [results] => Array
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                    [ArticleID] => 1267777
                    [Title] => Seaoil sets P2.98-B expansion budget
                    [Summary] => 
Mid-sized oil player Seaoil Philippines Inc. is pouring in P2.98 billion to finance its expansion program for 2014, its top official said in a briefing yesterday.

                    [DatePublished] => 2013-12-14 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 304675
                    [Title] => Oil firms soften price increase
                    [Summary] => The good news is that four petroleum companies, including the so-called "Big Three," have cut by 60 to 80 centavos per liter their pump prices because world market prices of crude oil have softened.


This, they said, would ease the impact of the expanded value-added tax (EVAT).


The bad news is, because of the EVAT, which takes effect today, motorists will still pay more for gasoline by an average of nearly P2 per liter despite the price cut.


Motorists would be paying more if world market prices of crude oil had not gone down, oil companies said.


                    [DatePublished] => 2005-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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Seaoil sets P2.98-B expansion budget

By Iris Gonzales | December 14, 2013 - 12:00am

Mid-sized oil player Seaoil Philippines Inc. is pouring in P2.98 billion to finance its expansion program for 2014, its top official said in a briefing yesterday.

Business

Oil firms soften price increase

By Donnabelle L. Gatdula | November 1, 2005 - 12:00am

The good news is that four petroleum companies, including the so-called "Big Three," have cut by 60 to 80 centavos per liter their pump prices because world market prices of crude oil have softened. This,...

Headlines