+ Follow NATIONAL OIL EXCHANGE Tag
NATIONAL OIL EXCHANGE
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 170385
[Title] => Perez bucks proposal to create National Oil Exchange
[Summary] => Energy Secretary Vincent S. Perez is opposing any proposal to create a National Oil Exchange (NOEC).
"The local oil industry is already healthy at the moment. We don’t see the need for the concept of an oil exchange," Perez told reporters.
He said the country has sufficient petroleum supply. "The spirit of a deregulated industry already allows transparency in the procurement of petroleum products," he added.
The energy chief said there is enough competitive pressure in the industry, thus there is no need an oil exchange.
[DatePublished] => 2002-08-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 132249
[Title] => Oil exchange targets monopolies – Garcia
[Summary] => The proposed National Oil Exchange (NOEC) has a similar aim with that of the Electric Power Industry Reform Act (EPIRA) which is to dismantle monopoly in the market, according to Rep. Enrique T. Garcia Jr.
In an interview, Garcia, author of NOEC or House Bill No. 300, said he hopes that President Arroyo would consider this congressional initiative as one of her priority bills in the 12th Congress.
[DatePublished] => 2001-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
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[ArticleID] => 129827
[Title] => Oil firms urge government to resolve major concerns
[Summary] => Oil companies are urging the Department of Energy (DOE) to address four major concerns confronting the oil industry today.
In a closed-door general membership meeting recently, the Philippine Institute of Petroleum, Inc. (PIP) informed newly-appointed Energy Secretary Vincent Perez of the prevailing issues in the industry, particularly the requirements of the Clean Air Act, supply security, how oil deregulation should work, and the controversial proposal for a National Oil Exchange (NOEC).
[DatePublished] => 2001-08-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 98684
[Title] => Price control turns off investors – Merrill Lynch
[Summary] => The government’s insistence on placing "controls" on domestic fuel and electricity prices is sending negative signals to investors, according to a leading economic and market analysis firm.
In a study released in early October, Merrill Lynch said that the Philippine government’s limiting the increase of domestic fuel and electricity prices "is not a positive signal for investors."
"The profitability of refiners and power distributors has been undermined," it added.
[DatePublished] => 2000-11-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
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[ArticleID] => 102581
[Title] => OilEx proponents scared of compromise formula? - Federico
[Summary] =>
IT'S sad, but it appears that the proponents of the extremist National Oil
Exchange (OilEx) have run out of new twists to their old arguments for the
establishment of a state oil monopoly to replace the private oil oligopoly.
An indication that they are running out of ideas is that instead of arguing
against our compromise formula (for the coexistence of the OilEx and the oil
firms), they are peddling the lie that our formula was concocted and floated by
the oil cartel.
[DatePublished] => 2000-05-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[5] => Array
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[ArticleID] => 102573
[Title] => Erap, fuel consumers look for golden mean - Federico
[Summary] =>
WITH Mindanao figuratively in flames and the Estrada administration apparently
unable to contain the conflagration, it is wise for President Estrada to
postpone his projected state visit to China this month.
Anyway, China will still be there next year, and the next, through 2004.
[DatePublished] => 2000-05-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[6] => Array
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[ArticleID] => 102564
[Title] => How a virus packaged as a love note fooled us - Federico
[Summary] =>
WITH the escalation of hostilities in Mindanao, one thing we should all guard
against is a blind polarization, especially a polarization along religious
lines.
There is a risk that the attendant atrocities could push both Muslim and
non-Muslim sectors to opposing extreme positions that would make a negotiated
peace a continually receding mirage.
We must take immediate steps to prevent such a polarization. Maybe our
religious, civic and political leaders could drop their respective agenda and
just get together with the citizens -- and pray really hard. Everyday.
[DatePublished] => 2000-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[7] => Array
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[ArticleID] => 102556
[Title] => Terrorism, PC virus place Philippines on world map - Federico
[Summary] =>
LOVE BUG: Don't just worry about the Pinoy-made ILOVEYOU virus ravaging
computers worldwide. Immediately update your virus-protection software via the
Internet. Also heed our persistent advice to delete incoming e-mail attachments
without opening them. And if you can do without Bill Gate's Microsoft Outlook,
which has become the target and vehicle of most recent viruses, do not ever use
it.
[DatePublished] => 2000-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[8] => Array
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[ArticleID] => 103476
[Title] => Petron accepts compromise formula, is ready for OilEx - Federico
[Summary] =>
WE had wanted to be proved wrong, but our prediction has come true that those
Abu Sayyaf terrorists reportedly trapped in their mountain lair on Basilan
island would slip, again, through the vaunted military cordon.
Way back on April 25, Postscript stuck its head out and headlined "Coming soon:
The Great Escape of Abu Sayyaf!" And, as we predicted, that was exactly what
has just happened.
After fierce, bunker-to-bunker fighting (as the military had put it), the
retreating terrorists were finally cornered inside a cave.
[DatePublished] => 2000-05-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
[9] => Array
(
[ArticleID] => 103467
[Title] => Is Garcia willing to pit his OilEx against Big 3? - Federico
[Summary] =>
WE have not heard over the long weekend from either the oil companies or Rep.
Enrique T. Garcia on their reaction to our compromise formula that would mean a
co-existence of the Big 3 and the National Oil Exchange (OilEx) proposed by the
Bataan congressman.
But our ever-alert readers were reacting within hours of the publication in the
Internet of what one of them called the "Pascual Formula." The early consensus
among them was in favor of the compromise as proposed in our last Postscript
(04/30/00).
[DatePublished] => 2000-05-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Opinion
[SectionUrl] => opinion
[URL] =>
)
)
)
abtest
