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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 380089
                    [Title] => Petron supplies free fuel for Asean Summit
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, has announced that it is supplying free fuel for the 12th Association of Southeast Asian Nations (ASEAN) Summit in Cebu City.


Petron president Khalid D. Al-Faddagh said specifically, they would provide fuel to the official vehicles of VIPs, all aircraft being used by visiting dignitaries and vehicles of the national organizing committee (NOC).


Al-Faddagh said Petron has formed a partnership with BMW Philippines to provide the needed fuel for the vehicles that will be used by the ASEAN VIP delegates.


                    [DatePublished] => 2007-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 378346
                    [Title] => Petron to build $2.5-M blending plant
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, will build a $2.5-million fuel additive blending plant in Subic Bay Freeport by the end of this year.


In a disclosure to the Philippine Stock Exchange, Petron said it has entered into two new agreements with the Nasdaq-listed Innospec Inc., the company’s fuel additive and technology partner since 1995.


The project, Petron said, is consistent with the company’s strategy of developing non-traditional revenue sources and taking advantage of overseas market opportunities.


                    [DatePublished] => 2007-01-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 349692
                    [Title] => Petron H1 income up 16% to P2.7B
                    [Summary] => 



Petron Corp., the country’s largest oil refiner,  reported a net income of P2.7 billion in the first half of 2006, a 16 percent increase from P2.3 billion in the same period last year.


In his report to stockholders yesterday, Petron president and CEO Khalid D. Al-Faddagh said the growth in earnings was brought about by higher export volumes and favorable international prices.


Expecting bright export business prospects to be sustained in the next four years, Al-Faddagh  said they expect earnings to reach P10 billion in 2010.


                    [DatePublished] => 2006-07-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 327325
                    [Title] => Petron income up 77% to P6.04B
                    [Summary] => Petron Corp. posted a 77- percent increase in its net income to P6.04 billion in 2005 from P3.42 billion in 2004, its best performance in 10 years.


 Petron is 40 percent owned by the government through Philippine National Oil Co. (PNOC). Another 40 percent is held by oil giant Saudi     Aramco while the remaining 20 percent is listed in the country’s stock market.


                    [DatePublished] => 2006-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 306958
                    [Title] => Export sales double Petron’s 9-month earnings to P4.78B
                    [Summary] => Buoyed by robust export sales, publicly-listed Petron Corp. reported a net income of P4.78 billion for the first nine months of 2005, double the P2.36 billion earnings posted in the same period in 2004.


In a disclosure to the Philippine Stock Exchange (PSE), Petron, a market leader and partly-owned by the government, also posted a net profit of P2.47 billion in the third quarter, a substantial P1 billion increase from a year earlier.


In the third quarter alone, export sales contributed P848 million or 34 percent of the company’s income during the period.


                    [DatePublished] => 2005-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 303379
                    [Title] => Petron to put up two new petrochem facilities
                    [Summary] => Publicly-listed Petron Corp. is putting up two new petrochemical facilities to further boost the company’s export sales. 


In a disclosure to the Philippine Stock Exchange (PSE) over the weekend, Petron said its board of directors has endorsed the company’s compliance with the terms and conditions of the Board of Investments (BOI) for the application of incentives for its BTX (benzene, toluene and xylene) and propylene recovery (PRU) projects. 


                    [DatePublished] => 2005-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 294470
                    [Title] => Petron shells out P100M yearly for PUV discount
                    [Summary] => Petron Corp., the country’s biggest oil refiner, said it is shelling out P100 million yearly to subsidize public utility vehicles (PUVs), as it refutes insinuations that it has been gaining tremendous profits as a result of continued spikes in international crude prices and unduly raising pump prices. 


Since 2003, the oil firm has been offering a P1 per liter discount to PUVs in all of its 101 service stations nationwide. 


                    [DatePublished] => 2005-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 293632
                    [Title] => Petron art competition  / Cellist Lopez honored / MCO arts festival on
                    [Summary] => Petron recently announced the winners of its fifth nationwide student art competition while displaying in its premises the impressive entries. Each year, the number of contestants increases, to the delight of Petron Chairman Nicasio I. Alcantara who justifiably claims that the student art contest is the only one with a theme, this year’s being relationships: Lumang Samahan, Bagong Kahulugan.


Management says that the competition has given Petron a venue to inspire and encourage the youth to rediscover and appreciate Philippine culture and values.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 135822
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 288303
                    [Title] => Petron profits up 70% to P2.31B in first semester
                    [Summary] => Escalating oil  prices and higher export volumes boosted Petron Corp.’s net income in the first six months by a hefty 70 percent to  P2.31 billion, compared with the P1.36 billion earnings during the same period in 2004.


With the strong performance in the first semester, company officials expressed confidence the country’s biggest oil company will meet its full-year income target of  P3.6 billion and surpass its 2004 net income of P3.4 billion.


                    [DatePublished] => 2005-07-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 225272
                    [Title] => Petron welcomes new president
                    [Summary] => Publicly-listed Petron Corp. formally welcomed its new president, Khalid D. Al-Faddagh, in a dinner reception. He replaced Motassim A. Al-Ma’ashouq last August. Al-Faddagh has been a Petron director since July 2001.


                    [DatePublished] => 2003-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

KHALID D

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 380089
                    [Title] => Petron supplies free fuel for Asean Summit
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, has announced that it is supplying free fuel for the 12th Association of Southeast Asian Nations (ASEAN) Summit in Cebu City.


Petron president Khalid D. Al-Faddagh said specifically, they would provide fuel to the official vehicles of VIPs, all aircraft being used by visiting dignitaries and vehicles of the national organizing committee (NOC).


Al-Faddagh said Petron has formed a partnership with BMW Philippines to provide the needed fuel for the vehicles that will be used by the ASEAN VIP delegates.


                    [DatePublished] => 2007-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 378346
                    [Title] => Petron to build $2.5-M blending plant
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, will build a $2.5-million fuel additive blending plant in Subic Bay Freeport by the end of this year.


In a disclosure to the Philippine Stock Exchange, Petron said it has entered into two new agreements with the Nasdaq-listed Innospec Inc., the company’s fuel additive and technology partner since 1995.


The project, Petron said, is consistent with the company’s strategy of developing non-traditional revenue sources and taking advantage of overseas market opportunities.


                    [DatePublished] => 2007-01-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 349692
                    [Title] => Petron H1 income up 16% to P2.7B
                    [Summary] => 



Petron Corp., the country’s largest oil refiner,  reported a net income of P2.7 billion in the first half of 2006, a 16 percent increase from P2.3 billion in the same period last year.


In his report to stockholders yesterday, Petron president and CEO Khalid D. Al-Faddagh said the growth in earnings was brought about by higher export volumes and favorable international prices.


Expecting bright export business prospects to be sustained in the next four years, Al-Faddagh  said they expect earnings to reach P10 billion in 2010.


                    [DatePublished] => 2006-07-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 327325
                    [Title] => Petron income up 77% to P6.04B
                    [Summary] => Petron Corp. posted a 77- percent increase in its net income to P6.04 billion in 2005 from P3.42 billion in 2004, its best performance in 10 years.


 Petron is 40 percent owned by the government through Philippine National Oil Co. (PNOC). Another 40 percent is held by oil giant Saudi     Aramco while the remaining 20 percent is listed in the country’s stock market.


                    [DatePublished] => 2006-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 306958
                    [Title] => Export sales double Petron’s 9-month earnings to P4.78B
                    [Summary] => Buoyed by robust export sales, publicly-listed Petron Corp. reported a net income of P4.78 billion for the first nine months of 2005, double the P2.36 billion earnings posted in the same period in 2004.


In a disclosure to the Philippine Stock Exchange (PSE), Petron, a market leader and partly-owned by the government, also posted a net profit of P2.47 billion in the third quarter, a substantial P1 billion increase from a year earlier.


In the third quarter alone, export sales contributed P848 million or 34 percent of the company’s income during the period.


                    [DatePublished] => 2005-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 303379
                    [Title] => Petron to put up two new petrochem facilities
                    [Summary] => Publicly-listed Petron Corp. is putting up two new petrochemical facilities to further boost the company’s export sales. 


In a disclosure to the Philippine Stock Exchange (PSE) over the weekend, Petron said its board of directors has endorsed the company’s compliance with the terms and conditions of the Board of Investments (BOI) for the application of incentives for its BTX (benzene, toluene and xylene) and propylene recovery (PRU) projects. 


                    [DatePublished] => 2005-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 294470
                    [Title] => Petron shells out P100M yearly for PUV discount
                    [Summary] => Petron Corp., the country’s biggest oil refiner, said it is shelling out P100 million yearly to subsidize public utility vehicles (PUVs), as it refutes insinuations that it has been gaining tremendous profits as a result of continued spikes in international crude prices and unduly raising pump prices. 


Since 2003, the oil firm has been offering a P1 per liter discount to PUVs in all of its 101 service stations nationwide. 


                    [DatePublished] => 2005-09-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 293632
                    [Title] => Petron art competition  / Cellist Lopez honored / MCO arts festival on
                    [Summary] => Petron recently announced the winners of its fifth nationwide student art competition while displaying in its premises the impressive entries. Each year, the number of contestants increases, to the delight of Petron Chairman Nicasio I. Alcantara who justifiably claims that the student art contest is the only one with a theme, this year’s being relationships: Lumang Samahan, Bagong Kahulugan.


Management says that the competition has given Petron a venue to inspire and encourage the youth to rediscover and appreciate Philippine culture and values.


                    [DatePublished] => 2005-08-27 00:00:00
                    [ColumnID] => 135822
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 288303
                    [Title] => Petron profits up 70% to P2.31B in first semester
                    [Summary] => Escalating oil  prices and higher export volumes boosted Petron Corp.’s net income in the first six months by a hefty 70 percent to  P2.31 billion, compared with the P1.36 billion earnings during the same period in 2004.


With the strong performance in the first semester, company officials expressed confidence the country’s biggest oil company will meet its full-year income target of  P3.6 billion and surpass its 2004 net income of P3.4 billion.


                    [DatePublished] => 2005-07-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 225272
                    [Title] => Petron welcomes new president
                    [Summary] => Publicly-listed Petron Corp. formally welcomed its new president, Khalid D. Al-Faddagh, in a dinner reception. He replaced Motassim A. Al-Ma’ashouq last August. Al-Faddagh has been a Petron director since July 2001.


                    [DatePublished] => 2003-10-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest