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    [results] => Array
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                (
                    [ArticleID] => 421388
                    [Title] => Petron urges lawmakers to look into its books
                    [Summary] => 
Oil refiner Petron Corp. said it is open to an audit of its books by lawmakers so they can determine for themselves if the company is unduly profiting from the steep drop in crude and finished petroleum product prices.
                    [DatePublished] => 2008-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 309513
                    [Title] => Petron sees P1/kg rollback in LPG prices
                    [Summary] => Industry leader Petron Corp. projected yesterday a P1 per kilogram (kg) rollback in the price of liquefied petroleum gas (LPG) next month. 


"The international contract price for LPG is seen to decrease by more than P1 per kilogram in December," Petron public affairs manager Virginia A. Ruivivar said. 


Ruivivar said the cut in LPG prices may likely be reflected in the domestic market by the middle of December.


                    [DatePublished] => 2005-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => 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] => 
                )

            [3] => Array
                (
                    [ArticleID] => 277481
                    [Title] => Petron profit up 10.7% to P870M
                    [Summary] => Oil refiner Petron Corp. reported a net income of P870 million in the first quarter of 2005, a 10.7-percent increase from P786 million posted over the same period last year, mainly due to lower operating costs. 


The company’s operating expenses went down 9.4 percent from P1.39 billion to P1.26 billion on account of lower business expenses and insurance premiums for the period. 


The semi-government Petron also announced a cash dividend of 10 centavos per share for stockholders of record as of May 26, 2005. 


                    [DatePublished] => 2005-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 225042
                    [Title] => Petron posts 10% profit hike to P2-B in 9 mos
                    [Summary] => Leading oil refiner Petron Corp. posted a net income of P2.02 billion in the first nine months of the year, 10 percent higher than the P1.84 billion profit posted over the same period in 2002. 


In a statement, Petron said total sales volume rose by a modest two percent to 37 million barrels during the period, from 36.15 million barrels a year earlier, even as sales of fuel oil to the power sector continued to decline. 


                    [DatePublished] => 2003-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 201074
                    [Title] => Petron income jumps to P2.9-B
                    [Summary] => Petron Corp., the country’s largest oil refiner, posted a net income of P2.9 billion for 2002, a hefty 141.6 percent increase from its P1.2-billion earnings in 2001. 


The company said its  higher net income was achieved with exports of straight-run fuel oil rising by  40 percent to 8.2 million barrels from 5.8 million barrels in 2001. 


                    [DatePublished] => 2003-04-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 183330
                    [Title] => Petron triples 3rd quarter profit
                    [Summary] => Petron Corp., the country’s largest oil refinery, reported a 118.53 percent growth in its net income for the first nine months of the year to P1.84 billion.


For the third quarter alone, Petron’s profits more than tripled to P602 million compared with only P169 million the same period last year.


Petron attributed its impressive performance to sustained cost discipline and sound financial management.


                    [DatePublished] => 2002-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 139253
                    [Title] => Petron reports P921-M profit for 1st 9 months
                    [Summary] => Industry leader Petron Corp. registered a P921-million net income for the first nine months this year, a sharp turnaround from the P1.3-billion loss registered in the same period last year.


Virginia A. Ruivivar, Petron corporate communications manager, said this year’s performance received a big lift from the company’s third quarter results which showed a net profit of P411 million. In July to September last year, Petron registered a net loss of P657 million.


                    [DatePublished] => 2001-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

VIRGINIA A

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 421388
                    [Title] => Petron urges lawmakers to look into its books
                    [Summary] => 
Oil refiner Petron Corp. said it is open to an audit of its books by lawmakers so they can determine for themselves if the company is unduly profiting from the steep drop in crude and finished petroleum product prices.
                    [DatePublished] => 2008-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 309513
                    [Title] => Petron sees P1/kg rollback in LPG prices
                    [Summary] => Industry leader Petron Corp. projected yesterday a P1 per kilogram (kg) rollback in the price of liquefied petroleum gas (LPG) next month. 


"The international contract price for LPG is seen to decrease by more than P1 per kilogram in December," Petron public affairs manager Virginia A. Ruivivar said. 


Ruivivar said the cut in LPG prices may likely be reflected in the domestic market by the middle of December.


                    [DatePublished] => 2005-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => 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] => 
                )

            [3] => Array
                (
                    [ArticleID] => 277481
                    [Title] => Petron profit up 10.7% to P870M
                    [Summary] => Oil refiner Petron Corp. reported a net income of P870 million in the first quarter of 2005, a 10.7-percent increase from P786 million posted over the same period last year, mainly due to lower operating costs. 


The company’s operating expenses went down 9.4 percent from P1.39 billion to P1.26 billion on account of lower business expenses and insurance premiums for the period. 


The semi-government Petron also announced a cash dividend of 10 centavos per share for stockholders of record as of May 26, 2005. 


                    [DatePublished] => 2005-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 225042
                    [Title] => Petron posts 10% profit hike to P2-B in 9 mos
                    [Summary] => Leading oil refiner Petron Corp. posted a net income of P2.02 billion in the first nine months of the year, 10 percent higher than the P1.84 billion profit posted over the same period in 2002. 


In a statement, Petron said total sales volume rose by a modest two percent to 37 million barrels during the period, from 36.15 million barrels a year earlier, even as sales of fuel oil to the power sector continued to decline. 


                    [DatePublished] => 2003-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 201074
                    [Title] => Petron income jumps to P2.9-B
                    [Summary] => Petron Corp., the country’s largest oil refiner, posted a net income of P2.9 billion for 2002, a hefty 141.6 percent increase from its P1.2-billion earnings in 2001. 


The company said its  higher net income was achieved with exports of straight-run fuel oil rising by  40 percent to 8.2 million barrels from 5.8 million barrels in 2001. 


                    [DatePublished] => 2003-04-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 183330
                    [Title] => Petron triples 3rd quarter profit
                    [Summary] => Petron Corp., the country’s largest oil refinery, reported a 118.53 percent growth in its net income for the first nine months of the year to P1.84 billion.


For the third quarter alone, Petron’s profits more than tripled to P602 million compared with only P169 million the same period last year.


Petron attributed its impressive performance to sustained cost discipline and sound financial management.


                    [DatePublished] => 2002-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 139253
                    [Title] => Petron reports P921-M profit for 1st 9 months
                    [Summary] => Industry leader Petron Corp. registered a P921-million net income for the first nine months this year, a sharp turnaround from the P1.3-billion loss registered in the same period last year.


Virginia A. Ruivivar, Petron corporate communications manager, said this year’s performance received a big lift from the company’s third quarter results which showed a net profit of P411 million. In July to September last year, Petron registered a net loss of P657 million.


                    [DatePublished] => 2001-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest