Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 806007
                    [Title] => Basic Energy profit slips 10% in Q1
                    [Summary] => 
Basic Energy Corp. recorded a 10-percent drop in profits to P31 million in the first quarter as revenues declined compared with year-ago level.
                    [DatePublished] => 2012-05-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 758793
                    [Title] => Basic Energy, Aussie firm ink deal for renewable energy projects
                    [Summary] => 
Basic Energy Corp. has inked an agreement with Australia’s Energy 2035 Ltd. to jointly explore opportunities to develop renewable energy sources in the Philippines.
                    [DatePublished] => 2011-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 729935
                    [Title] => Basic Energy signs joint venture with Australian firm
                    [Summary] => 
Basic Energy Corp. has signed an agreement with New World Energy Ltd. (NWE) of Australia to jointly undertake development of the Mabini geothermal energy project in Batangas.
                    [DatePublished] => 2011-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 727583
                    [Title] => Basic Energy inks jv with Dubai firm
                    [Summary] => 
Basic Energy Corp. has signed a memorandum of understanding with Prime Energy Consult Ltd. to jointly develop business opportunities in the oil and gas industry.
                    [DatePublished] => 2011-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 670084
                    [Title] => Basic Energy taps Filtech for study on geothermal project
                    [Summary] => 
Basic Energy Corp. has tapped the services of Filtech Energy Drilling Corp. the pre-feasibility study of its geothermal energy project in Mabini, Batangas.
                    [DatePublished] => 2011-03-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 5587
                    [Title] => Basic Petroleum to raise P2.2B for biofuel proj
                    [Summary] => 
            
                    [DatePublished] => 2007-07-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 381588
                    [Title] => Basic Petroleum may go into coal, gold mining
                    [Summary] => 



Basic Petroleum Corp. (formerly Basic Consolidated Inc.) is in talks with prospective partners for its planned foray into coal exploration and/or gold mining, the company told the Philippine Stock Exchange.


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 356627
                    [Title] => Nido Petroleum starts commercial production at Galoc field Nov 7
                    [Summary] => 



Australia’s Nido Petroleum Ltd. is expected to start its first commercial oil production from the Galoc oil field in Palawan on Nov. 7, the company said yesterday.


In a disclosure to the Australian Stock Exchange, Nido Petroleum said it was able to get a reserves certification from a third party.


                    [DatePublished] => 2006-09-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 168456
                    [Title] => Gatchalian insurance firm under state of liquidation
                    [Summary] => TICO Insurance Co. Inc. formerly known as Tabacalera Insurance Co., is now under a state of liquidation after more than a year under  a conservator. The Wellex Group Inc. of plastic king William Gatechalian reportedly controls TICO.


In November 2000, the Insurance Commission (IC) issued a cease-and-desist order (CDO) on TICO after it failed to cover up its capital impairment and margin of solvency of 46.9-million as well as failing to report its financial status in 2002. The CDO disallows the non-life insurance company from selling new policies.


                    [DatePublished] => 2002-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 167324
                    [Title] => Petrocorp needs $100M to pay debts, finance operations
                    [Summary] => Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off  some of its debts and for additional working capital.


This was disclosed yesterday by Petrocorp chief executive officer Henry Leung who said that the petrochem firm  has not been able to operate profitably since it started operation in 1998 due to the general decline in economic activity.


Petrocorp along with two other petrochemical firms are also facing stiff competition from imported polypropylene resins.


                    [DatePublished] => 2002-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

BASIC PETROLEUM

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 806007
                    [Title] => Basic Energy profit slips 10% in Q1
                    [Summary] => 
Basic Energy Corp. recorded a 10-percent drop in profits to P31 million in the first quarter as revenues declined compared with year-ago level.
                    [DatePublished] => 2012-05-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 758793
                    [Title] => Basic Energy, Aussie firm ink deal for renewable energy projects
                    [Summary] => 
Basic Energy Corp. has inked an agreement with Australia’s Energy 2035 Ltd. to jointly explore opportunities to develop renewable energy sources in the Philippines.
                    [DatePublished] => 2011-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 729935
                    [Title] => Basic Energy signs joint venture with Australian firm
                    [Summary] => 
Basic Energy Corp. has signed an agreement with New World Energy Ltd. (NWE) of Australia to jointly undertake development of the Mabini geothermal energy project in Batangas.
                    [DatePublished] => 2011-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 727583
                    [Title] => Basic Energy inks jv with Dubai firm
                    [Summary] => 
Basic Energy Corp. has signed a memorandum of understanding with Prime Energy Consult Ltd. to jointly develop business opportunities in the oil and gas industry.
                    [DatePublished] => 2011-09-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 670084
                    [Title] => Basic Energy taps Filtech for study on geothermal project
                    [Summary] => 
Basic Energy Corp. has tapped the services of Filtech Energy Drilling Corp. the pre-feasibility study of its geothermal energy project in Mabini, Batangas.
                    [DatePublished] => 2011-03-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 5587
                    [Title] => Basic Petroleum to raise P2.2B for biofuel proj
                    [Summary] => 
            
                    [DatePublished] => 2007-07-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 381588
                    [Title] => Basic Petroleum may go into coal, gold mining
                    [Summary] => 



Basic Petroleum Corp. (formerly Basic Consolidated Inc.) is in talks with prospective partners for its planned foray into coal exploration and/or gold mining, the company told the Philippine Stock Exchange.


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 356627
                    [Title] => Nido Petroleum starts commercial production at Galoc field Nov 7
                    [Summary] => 



Australia’s Nido Petroleum Ltd. is expected to start its first commercial oil production from the Galoc oil field in Palawan on Nov. 7, the company said yesterday.


In a disclosure to the Australian Stock Exchange, Nido Petroleum said it was able to get a reserves certification from a third party.


                    [DatePublished] => 2006-09-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 168456
                    [Title] => Gatchalian insurance firm under state of liquidation
                    [Summary] => TICO Insurance Co. Inc. formerly known as Tabacalera Insurance Co., is now under a state of liquidation after more than a year under  a conservator. The Wellex Group Inc. of plastic king William Gatechalian reportedly controls TICO.


In November 2000, the Insurance Commission (IC) issued a cease-and-desist order (CDO) on TICO after it failed to cover up its capital impairment and margin of solvency of 46.9-million as well as failing to report its financial status in 2002. The CDO disallows the non-life insurance company from selling new policies.


                    [DatePublished] => 2002-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 167324
                    [Title] => Petrocorp needs $100M to pay debts, finance operations
                    [Summary] => Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off  some of its debts and for additional working capital.


This was disclosed yesterday by Petrocorp chief executive officer Henry Leung who said that the petrochem firm  has not been able to operate profitably since it started operation in 1998 due to the general decline in economic activity.


Petrocorp along with two other petrochemical firms are also facing stiff competition from imported polypropylene resins.


                    [DatePublished] => 2002-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest