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                    [Title] => DOE suspends oil exploration project in Palawan
                    [Summary] => 
The Department of Energy (DOE) has suspended another oil exploration project in Northwest Palawan amid a lingering dispute between the Philippines and China over the West Philippine Sea.

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                    [ArticleID] => 1395488
                    [Title] => Malampaya revenues: Gov’t seeks bigger share
                    [Summary] => 
Energy Secretary Carlos Jericho Petilla is seeking a bigger government share from the billion-dollar revenues of the deep-water, natural gas-to-power Malampaya project in Northwest Palawan, the landmark discovery that signaled the birth of the natural gas industry in the country.

                    [DatePublished] => 2014-11-25 00:00:00
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 1338927
                    [Title] => Frontier Oil withdraws IPO plan
                    [Summary] => 
Frontier Oil Corp. has decided to withdraw its plan to list at the Philippine Stock Exchange (PSE).

                    [DatePublished] => 2014-06-26 00:00:00
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                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 1316087
                    [Title] => Philex Pet reverts to profit column
                    [Summary] => 
Philex Petroleum Corp., an oil exploration firm controlled by the group of businessman Manuel V. Pangilinan, reported a first quarter net income of P25.7 million, a marked improvement from the net loss of P24.5 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Philex attributed the higher income to increased petroleum revenues of Forum Energy Plc in Service Contract 14C1 at the Galoc field in Northwest Palawan.

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                    [Title] => Nido Petroleum bullish on Phl Indonesia prospects
                    [Summary] => 
Nido Petroleum an Australia-listed oil and gas company, is banking on favorable prospects for its projects  this year,  including an exploration venture in the Philippines.

                    [DatePublished] => 2014-02-04 00:00:00
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                    [ArticleID] => 1279606
                    [Title] => Nido Petroleum secures UAE investor for Palawan venture
                    [Summary] => 
Nido Petroleum Philippines Ltd., an Australia-listed oil and gas company, has secured a new investor for its oil exploration project in Northwest Palawan.

                    [DatePublished] => 2014-01-17 00:00:00
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                    [AuthorName] => Iris Gonzales
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                    [Title] => Philex Petroleum gets Palawan service contract
                    [Summary] => 
Philex Petroleum Corp., the oil and gas firm controlled by the group of businessman Manuel V. Pangilinan, has received from the Department of Energy (DOE) the petroleum service contract to operate a 616,000-hectare oil and gas field in Northwest Palawan.

                    [DatePublished] => 2014-01-07 00:00:00
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                    [Title] => Gov’t may end up operating Malampaya project – Petilla
                    [Summary] => 
The government may end up operating the Malampaya deep water gas-to-power project if it decides not to extend the service contract of the consortium led by Shell Philippines Exploration B.V. (SPEx), Energy Secretary Carlos Jericho Petilla said.

                    [DatePublished] => 2013-12-04 00:00:00
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                    [Title] => Petilla threatens to cancel drill contract of Cinco-1
                    [Summary] => 
Energy Secretary Carlos Jericho Petilla has threatened to cancel Service Contract (SC) 55 after its proponents failed to submit a concrete drilling plan for the Cinco-1 well in offshore Palawan.

                    [DatePublished] => 2013-11-22 00:00:00
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => Frontier Oil mulls higher IPO volume of P2.2 B
                    [Summary] => 
Local oil and gas explorer Frontier Oil Corp. is contemplating on raising its planned initial public offering (IPO), proceeds to P2.2 billion, higher than the previous target of P1.6 billion, company officials said.

                    [DatePublished] => 2013-09-13 00:00:00
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NORTHWEST PALAWAN

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                    [Title] => DOE suspends oil exploration project in Palawan
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The Department of Energy (DOE) has suspended another oil exploration project in Northwest Palawan amid a lingering dispute between the Philippines and China over the West Philippine Sea.

                    [DatePublished] => 2015-10-02 10:00:00
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                    [Title] => Malampaya revenues: Gov’t seeks bigger share
                    [Summary] => 
Energy Secretary Carlos Jericho Petilla is seeking a bigger government share from the billion-dollar revenues of the deep-water, natural gas-to-power Malampaya project in Northwest Palawan, the landmark discovery that signaled the birth of the natural gas industry in the country.

                    [DatePublished] => 2014-11-25 00:00:00
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                    [AuthorName] => Iris Gonzales
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                    [Title] => Frontier Oil withdraws IPO plan
                    [Summary] => 
Frontier Oil Corp. has decided to withdraw its plan to list at the Philippine Stock Exchange (PSE).

                    [DatePublished] => 2014-06-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 1316087
                    [Title] => Philex Pet reverts to profit column
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Philex Petroleum Corp., an oil exploration firm controlled by the group of businessman Manuel V. Pangilinan, reported a first quarter net income of P25.7 million, a marked improvement from the net loss of P24.5 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Philex attributed the higher income to increased petroleum revenues of Forum Energy Plc in Service Contract 14C1 at the Galoc field in Northwest Palawan.

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                    [AuthorName] => Iris Gonzales
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                    [URL] => 
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                    [ArticleID] => 1286270
                    [Title] => Nido Petroleum bullish on Phl Indonesia prospects
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Nido Petroleum an Australia-listed oil and gas company, is banking on favorable prospects for its projects  this year,  including an exploration venture in the Philippines.

                    [DatePublished] => 2014-02-04 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 1279606
                    [Title] => Nido Petroleum secures UAE investor for Palawan venture
                    [Summary] => 
Nido Petroleum Philippines Ltd., an Australia-listed oil and gas company, has secured a new investor for its oil exploration project in Northwest Palawan.

                    [DatePublished] => 2014-01-17 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [URL] => 
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                    [ArticleID] => 1275828
                    [Title] => Philex Petroleum gets Palawan service contract
                    [Summary] => 
Philex Petroleum Corp., the oil and gas firm controlled by the group of businessman Manuel V. Pangilinan, has received from the Department of Energy (DOE) the petroleum service contract to operate a 616,000-hectare oil and gas field in Northwest Palawan.

                    [DatePublished] => 2014-01-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
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                    [AuthorName] => Iris Gonzales
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                    [URL] => 
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                    [Title] => Gov’t may end up operating Malampaya project – Petilla
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The government may end up operating the Malampaya deep water gas-to-power project if it decides not to extend the service contract of the consortium led by Shell Philippines Exploration B.V. (SPEx), Energy Secretary Carlos Jericho Petilla said.

                    [DatePublished] => 2013-12-04 00:00:00
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                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [URL] => 
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                    [ArticleID] => 1259320
                    [Title] => Petilla threatens to cancel drill contract of Cinco-1
                    [Summary] => 
Energy Secretary Carlos Jericho Petilla has threatened to cancel Service Contract (SC) 55 after its proponents failed to submit a concrete drilling plan for the Cinco-1 well in offshore Palawan.

                    [DatePublished] => 2013-11-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
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                    [Title] => Frontier Oil mulls higher IPO volume of P2.2 B
                    [Summary] => 
Local oil and gas explorer Frontier Oil Corp. is contemplating on raising its planned initial public offering (IPO), proceeds to P2.2 billion, higher than the previous target of P1.6 billion, company officials said.

                    [DatePublished] => 2013-09-13 00:00:00
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                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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)

abtest