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+ Follow PHILEX PETROLEUM CORP Tag
PHILEX PETROLEUM CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1506582
                    [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.

[DatePublished] => 2015-10-02 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 1486192 [Title] => Philex eyes oil, gas exploration projects [Summary] =>

Philex Petroleum Corp., the upstream oil and gas subsidiary of listed mining firm Philex Mining Corp., is eyeing to invest in one or two existing oil and gas exploration prospects nearing production after the suspension of its project located in the disputed West Philippine Sea, according to its top official.

[DatePublished] => 2015-08-09 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1418160 [Title] => Forum Energy to drill for oil in Recto Bank [Summary] =>

London-listed Forum Energy Plc., a unit of Philex Petroleum Corp., has received the green light from the Department of Energy (DOE) to conduct a drilling survey in a petroleum exploration area located in the disputed West Philippine Sea.

[DatePublished] => 2015-01-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1373424 [Title] => Chinese expert: Joint oil exploration solution to sea row [Summary] =>

The proposed joint exploration of the West Philippine Sea may resolve the growing territorial dispute between the Philippines and China.

[DatePublished] => 2014-09-26 11:32:26 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20130618/cnooc-981-deep-water-drilling.jpg ) [4] => Array ( [ArticleID] => 1343192 [Title] => PNOC-EC eyes completion of SC 75 data [Summary] =>

The Philippine National Oil Company –Exploration Corp. (PNOC-EC) expects to complete the processing of data on Service Contract 75 in offshore Palawan before the end of 2015.

[DatePublished] => 2014-07-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [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.

[DatePublished] => 2014-04-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1032771 [Title] => Forum Energy losses widen [Summary] =>

Forum Energy Plc., a British oil and gas exploration company with focus on the Philippines, said its net loss widened to $2.75 million in the first half of the year, from $1.67 million recorded in the same period in 2012.

[DatePublished] => 2013-07-31 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 982741 [Title] => Philex Petroleum divests in Vietnam exploration firm for P2.1B [Summary] =>

Philex Petroleum Corp., a listed energy firm headed by top businessman Manuel V. Pangilinan, said yesterday that it has divested its interest in Vietnam American Exploration Co. (Vamex) for P2.1 billion.

[DatePublished] => 2013-07-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 955898 [Title] => CNOOC talks very preliminary, says Pangilinan [Summary] =>

Philex Petroleum Corp. chairman Manuel V. Pangilinan said their discussions with China National Offshore Oil Corp. (CNOOC) remains “very preliminary.”

[DatePublished] => 2013-06-20 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805309 [AuthorName] => Alexis Romero [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 955835 [Title] => MVP says talks with China on oil exploration 'preliminary' [Summary] =>

 Philex Petroleum Corp.  chairman Manuel V. Pangilinan said their discussions with China National Offshore Oil Corp. (CNOOC) remains “very preliminary”, adding that they would respect the laws and regulations of the Philippines.

[DatePublished] => 2013-06-19 17:47:12 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805309 [AuthorName] => Alexis Romero [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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