^
+ Follow UNOCAL Tag
UNOCAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 284861
                    [Title] => Nigeria gets debt relief from Paris Club
                    [Summary] => I realize that our government’s finance people are too harassed these days to think of further complicating their lives with thoughts of seeking debt relief. But if the Supreme Court rules out the EVAT law with finality, we will have a totally new ballgame. 


For now, tough as the politics of it might be, they must think that making us pay higher taxes is the easier option out of our threatening debt problem. We are often told that we missed the window of opportunity for seeking debt relief when Tita Cory failed to ask for it in 1986.
[DatePublished] => 2005-07-04 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 260699 [Title] => Unocal subsidiary eyes power plant [Summary] => Philippine Geothermal Inc. (PGI), the local unit of US power giant Unocal Corp., will look into the possibility of participating in the privatization of the Tiwi-Makban geothermal power plant, a company official said.

"We will study that. We are looking at every opportunity in the industry," said the PGI official, who requested anonymity.
[DatePublished] => 2004-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 258528 [Title] => Napocor, PGI settle 8-year dispute [Summary] => Philippine Geothermal Inc. (PGI) and the National Power Corp. (Napocor) have settled an eight year-long dispute over the operations of the Tiwi and Mak-Ban geothermal steam fields, the Department of Energy (DOE) said.

Energy Secretary Vincent S. Perez said the agreement between PGI, a subsidiary of US-based Unocal, and Napocor and the Power Sector Assets and Liabilities Management Corp. (PSALM) has been approved by various Philippine government agencies and local courts.
[DatePublished] => 2004-07-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 253792 [Title] => US-based Unocal sets $1.6-B Asian investments [Summary] => US-based power giant Unocal Corp. intends to pump in about $1.6 billion worth of fresh capital in Asia in the next two years, a ranking company official said over the weekend.

Unocal executive vice president Randolf Howard, in a CEO forum said the amount will include investment in an oil and gas exploration in Sulu Sea in the Philippines.

"We are excited in investment opportunities in Asia. Our commitment is not only in words, we will also help in finding solutions in the energy problems we are facing today," Howard said.
[DatePublished] => 2004-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 253910 [Title] => US-based Unocal sets $1.6-B Asian investments [Summary] => US-based power giant Unocal Corp. intends to pump in about $1.6 billion worth of fresh capital in Asia in the next two years, a ranking company official said over the weekend.

Unocal executive vice president Randolf Howard, in a CEO forum said the amount will include investment in an oil and gas exploration in Sulu Sea in the Philippines.

"We are excited in investment opportunities in Asia. Our commitment is not only in words, we will also help in finding solutions in the energy problems we are facing today," Howard said.
[DatePublished] => 2004-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 253012 [Title] => Fuel prices seen to go down in next few weeks [Summary] => Energy Secretary Vincent S. Perez said yesterday he expects local pump prices to ease in the next few weeks if the current downward trend in world crude prices continues.

"I am hopeful that if this trend continues, prices would retreat by between $7 to $8 per barrel. Then we will see some adjustments in local pump prices," Perez said in a press conference at the start of a three-day international ministerial conference on energy.
[DatePublished] => 2004-06-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 199965 [Title] => RP forms first national geothermal association [Summary] => The Department of Energy, Philippine Geothermal Inc. and PNOC-Energy Development Corp. (EDC) have formed the country’s first national geothermal association.

Efforts to form the Philippine Geothermal Association (PGA) started last year when EDC, in cooperation with PGI and DOE, initiated the formulation of PGA’s by-laws.

"We are very enthusiastic about the idea and support the initiation of the organization by EDC geothermists," he said.
[DatePublished] => 2003-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 183788 [Title] => Unocal mulls oil search venture in Galoc area [Summary] => The Unocal group is looking at the possibility of exploring for oil and gas in the Galoc field in Northwest Palawan.

US-based Unocal Corp.’s subsidiary in the Philippines, Unocal Sulu Ltd., signed recently an agreement with a Filipino exploration consortium led by Alcorn (Production) Philippines Inc. and Nido Petroleum of Australia to carry out a phased study of the Galoc oil and gas discovery in service contract (SC) 14 in the Philippines.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 172269 [Title] => Unocal, Pertamina seal pact on geothermal issues [Summary] => EL SEGUNDO, Ca. – Unocal Corp., parent company of Philippine Geothermal Inc. (PGI), has announced its Indonesian subsidiary Unocal Geothermal of Indonesia, Ltd. (UGI) and Dayabumi Salak Pratama, Ltd. (DSPL), a 50-percent equity investee of UGI, recently reached an agreement with PT. PLN (Persero) (PLN), the Indonesia state-owned electricity company, and Pertamina (P.PTM), the Indonesia state-owned oil and natural gas company, on pricing and production issues at the Gunung Salak geothermal project in Indonesia.
[DatePublished] => 2002-08-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98729 [Title] => Unocal drilling results evaluated [Summary] => The international consortium led by Unocal Sulu, Ltd., a subsidiary US-based Unocal Corporation, which recently completed an offshore drilling of the deep water Wildebeest 1 exploration well in Sulu Sea under Service Contract (SC) 41, is now integrating the well results with additional studies on their contract area to evaluate the hydrocarbon potential and determine remaining drilling opportunities.

Although the well did not encounter commercial hydrocarbon accumulation, it proved the existence of a working petroleum system in the area.
[DatePublished] => 2000-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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