Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 254608
                    [Title] => Taiwanese firm to make study of RP oil, gas reserves
                    [Summary] => Taiwan’s Chinese Petroleum Corp. (CPC) will conduct a detailed study of the Philippines’ oil and gas reserves for a possible technical aid package, Energy Secretary Vincent S. Perez said. 


Perez said CPC, which has expressed interest in exploring mineral resources in the Philippines, will coordinate with the Department of Energy (DOE) for the possible granting of a technical assistance package that will help improve the country’s information/data gathering method, particularly in the area of oil and gas development. 


                    [DatePublished] => 2004-06-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 253633
                    [Title] => China assures RP of continuous coal supply despite regional shortage
                    [Summary] => The Chinese government has committed the continuous supply of coal to the National Power Corp. (Napocor) despite the prevailing coal shortage in the region, a top energy official said.


"China assures us that it will find ways to continue supplying coal to Napocor regardless of issues which could limit coal production," Energy Secretary Vincent S. Perez told a press conference over the weekend. 


China, the world’s second largest coal exporter at 20 million tons a year, is further expected to increase its supply by 17 percent. 


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 253644
                    [Title] => US, Australian companies eye Transco's assets
                    [Summary] => Two power giants from the United States and Australia have signified keen interest in the privatization of the country’s electricity transmission highway.


In a press briefing after the close of the five-day international energy ministers’ meetings in Manila, Energy Secretary Vincent S. Perez said US-based AES Corp. and TransGrid of Australia have sounded off plans to look at the assets of the National Transmission Corp. (Transco).


AES, founded in 1981, is one of the world’s leading power companies with businesses in 27 countries.


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 128681
                    [Title] => PNOC seeks partners for $600-M naphtha project
                    [Summary] => State-owned Philippine National Oil Co. is still scouting for strategic and joint venture (JV) partners for the proposed $600-million naphtha cracker plant, PNOC president and chief executive officer Thelmo Cunanan said yesterday.


In an interview, Cunanan said they have opened the door to other investors after the groups which have indicated keen interest in investing in the project have decided to adopt a "wait-and-see attitude."


                    [DatePublished] => 2001-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 96432
                    [Title] => Proponents of naphtha plant still want Gokongwei firm to join them
                    [Summary] => The proponents of the naphtha cracker project have renewed efforts to woo the Gokongwei-owned JG Summit Corp. and even Chinese Petroleum Corp. into joining the consortium that would undertake the $1-billion facility.


According to Antonio Garcia, president of the Asian Petroleum Corp., one of the leading members of the consortium, JG Summit and Chinese Petroleum have been invited into the group. 


                    [DatePublished] => 2001-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 96964
                    [Title] => Petrocorp wants naphtha cracker plant built this year
                    [Summary] => Petrochemical Corp. of Asia-Pacific (Petrocorp) is pushing for the construction of the country’s first naphtha cracker facility this year, a company official said yesterday.


"I hope the new government will consider pursuing the (naphtha cracker) project. We really need this," Petrocorp president Antonio Garcia said.


Garcia said the government should at least move forward and work out the contract for the construction of such plant within the year.


                    [DatePublished] => 2001-02-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 98326
                    [Title] => 7 international banks show interest in naphtha project of RP
                    [Summary] => Seven international financial institutions have submitted formal proposals to act as financial adviser for the country’s first-ever naphtha cracker plant.


The international institutions are the Deutsche Bank, the Bank of Tokyo-Mitsubishi, Lehman Brothers, Bank of America, ABN-AMRO, Chase Manhattan, and Sumitomo Bank.


The winning institution would handle the $600-million naphtha cracker project in Limay, Bataan, which will have a capacity of 600,000 to 700,000 metric tons per year.


                    [DatePublished] => 2000-12-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98124
                    [Title] => Petrocorp runs out of funds, taps foreign strategic partner
                    [Summary] => The Petrochemical Corp. of Asia-Pacific (Petrocorp.) has tapped a foreign strategic partner to help fund its shelved polypropylene plant.


Energy Secretary Mario V. Tiaoqui said Petrocorp officials admitted that they have fallen shor of funds and have sought the assistance of a financial strategic partner which was not identified.


"My conversation with Petrocorp chairman Antonio Garcia indicated that they have tapped a strategic partner for their plant," Tiaoqui said.


                    [DatePublished] => 2000-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98861
                    [Title] => Petron willing to support naphtha plant
                    [Summary] => 

Petron Corp. confirmed over the weekend its interest in supplying raw materials
to the proposed naphtha cracker plant.

The country's leading oil refiner also confirmed that Saudi Aramco Co. of Saudi
Arabia (Aramco) had indicated its willingness to also sell raw materials.

Petron chairman and chief executive officer Jose Syjuco Jr.
                    [DatePublished] => 2000-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 100594
                    [Title] => Only 1 naphtha plant in RP for now, say gov't, prvt sector
                    [Summary] => 

The private sector and the government have agreed in principle that the country
can host only one naphtha cracker plant.

Industry sources said that a consortium might be in the offing as all the
interested parties have been meeting with the Department of Energy (DOE) in the
past few months. "In fact, they have already formed working committees to
seriously look into running the plant as a consortium," they said.

The interested parties from the private sector are Petron Corp., JG Summit, the
Chinese Petroleum Corp. (Taiwan), Itochu (Corp. (Japan), the Petroleum Corp.
                    [DatePublished] => 2000-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CHINESE PETROLEUM CORP

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 254608
                    [Title] => Taiwanese firm to make study of RP oil, gas reserves
                    [Summary] => Taiwan’s Chinese Petroleum Corp. (CPC) will conduct a detailed study of the Philippines’ oil and gas reserves for a possible technical aid package, Energy Secretary Vincent S. Perez said. 


Perez said CPC, which has expressed interest in exploring mineral resources in the Philippines, will coordinate with the Department of Energy (DOE) for the possible granting of a technical assistance package that will help improve the country’s information/data gathering method, particularly in the area of oil and gas development. 


                    [DatePublished] => 2004-06-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 253633
                    [Title] => China assures RP of continuous coal supply despite regional shortage
                    [Summary] => The Chinese government has committed the continuous supply of coal to the National Power Corp. (Napocor) despite the prevailing coal shortage in the region, a top energy official said.


"China assures us that it will find ways to continue supplying coal to Napocor regardless of issues which could limit coal production," Energy Secretary Vincent S. Perez told a press conference over the weekend. 


China, the world’s second largest coal exporter at 20 million tons a year, is further expected to increase its supply by 17 percent. 


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 253644
                    [Title] => US, Australian companies eye Transco's assets
                    [Summary] => Two power giants from the United States and Australia have signified keen interest in the privatization of the country’s electricity transmission highway.


In a press briefing after the close of the five-day international energy ministers’ meetings in Manila, Energy Secretary Vincent S. Perez said US-based AES Corp. and TransGrid of Australia have sounded off plans to look at the assets of the National Transmission Corp. (Transco).


AES, founded in 1981, is one of the world’s leading power companies with businesses in 27 countries.


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 128681
                    [Title] => PNOC seeks partners for $600-M naphtha project
                    [Summary] => State-owned Philippine National Oil Co. is still scouting for strategic and joint venture (JV) partners for the proposed $600-million naphtha cracker plant, PNOC president and chief executive officer Thelmo Cunanan said yesterday.


In an interview, Cunanan said they have opened the door to other investors after the groups which have indicated keen interest in investing in the project have decided to adopt a "wait-and-see attitude."


                    [DatePublished] => 2001-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 96432
                    [Title] => Proponents of naphtha plant still want Gokongwei firm to join them
                    [Summary] => The proponents of the naphtha cracker project have renewed efforts to woo the Gokongwei-owned JG Summit Corp. and even Chinese Petroleum Corp. into joining the consortium that would undertake the $1-billion facility.


According to Antonio Garcia, president of the Asian Petroleum Corp., one of the leading members of the consortium, JG Summit and Chinese Petroleum have been invited into the group. 


                    [DatePublished] => 2001-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 96964
                    [Title] => Petrocorp wants naphtha cracker plant built this year
                    [Summary] => Petrochemical Corp. of Asia-Pacific (Petrocorp) is pushing for the construction of the country’s first naphtha cracker facility this year, a company official said yesterday.


"I hope the new government will consider pursuing the (naphtha cracker) project. We really need this," Petrocorp president Antonio Garcia said.


Garcia said the government should at least move forward and work out the contract for the construction of such plant within the year.


                    [DatePublished] => 2001-02-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 98326
                    [Title] => 7 international banks show interest in naphtha project of RP
                    [Summary] => Seven international financial institutions have submitted formal proposals to act as financial adviser for the country’s first-ever naphtha cracker plant.


The international institutions are the Deutsche Bank, the Bank of Tokyo-Mitsubishi, Lehman Brothers, Bank of America, ABN-AMRO, Chase Manhattan, and Sumitomo Bank.


The winning institution would handle the $600-million naphtha cracker project in Limay, Bataan, which will have a capacity of 600,000 to 700,000 metric tons per year.


                    [DatePublished] => 2000-12-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 98124
                    [Title] => Petrocorp runs out of funds, taps foreign strategic partner
                    [Summary] => The Petrochemical Corp. of Asia-Pacific (Petrocorp.) has tapped a foreign strategic partner to help fund its shelved polypropylene plant.


Energy Secretary Mario V. Tiaoqui said Petrocorp officials admitted that they have fallen shor of funds and have sought the assistance of a financial strategic partner which was not identified.


"My conversation with Petrocorp chairman Antonio Garcia indicated that they have tapped a strategic partner for their plant," Tiaoqui said.


                    [DatePublished] => 2000-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 98861
                    [Title] => Petron willing to support naphtha plant
                    [Summary] => 

Petron Corp. confirmed over the weekend its interest in supplying raw materials
to the proposed naphtha cracker plant.

The country's leading oil refiner also confirmed that Saudi Aramco Co. of Saudi
Arabia (Aramco) had indicated its willingness to also sell raw materials.

Petron chairman and chief executive officer Jose Syjuco Jr.
                    [DatePublished] => 2000-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 100594
                    [Title] => Only 1 naphtha plant in RP for now, say gov't, prvt sector
                    [Summary] => 

The private sector and the government have agreed in principle that the country
can host only one naphtha cracker plant.

Industry sources said that a consortium might be in the offing as all the
interested parties have been meeting with the Department of Energy (DOE) in the
past few months. "In fact, they have already formed working committees to
seriously look into running the plant as a consortium," they said.

The interested parties from the private sector are Petron Corp., JG Summit, the
Chinese Petroleum Corp. (Taiwan), Itochu (Corp. (Japan), the Petroleum Corp.
                    [DatePublished] => 2000-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest