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                    [ArticleID] => 184568
                    [Title] => 7 oil firms reduce gas prices by 25¢
                    [Summary] => Major players Petron Corp. and Pilipinas Shell Petroleum Corp. rolled back yesterday prices of their gasoline products, diesel and kerosene by 25 centavos per liter as world crude prices weakened.


Even new players Unioil, Flying V, Seaoil, Total Petroleum Corp. and Eastern Petroleum Corp. have also reduced their prices. While Flying V’s rollback rate is the same as that of Petron and Shell, Unioil will implement a 25-centavo price reduction on all its products. Seaoil, on the other hand, implemented the price rollback earlier than the others at 6 last night.


                    [DatePublished] => 2002-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 163474
                    [Title] => Petron reduces refinery output by 30% due to weak demand
                    [Summary] => Publicly-listed Petron Corp. has cut back on its refinery production by 30 
percent due to a weak demand in the domestic market.


In an interview during a public forum sponsored by the Philippine Institute of Petroleum Inc. (PIP) on "Turmoil in Middle East-Impact on Oil Supplies and Oil Deregulation – The Asian Experience", Petron president and chief executive officer Motassim Al-Ma’ashouq said that at present, they are running at a rate of 126,000 barrels of oil per day (BOPD) or about 70 percent of its total refining capacity of 180,000 BOPD.


                    [DatePublished] => 2002-06-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
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                    [ArticleID] => 90066
                    [Title] => Energy chief: Oil firms not increasing prices this month
                    [Summary] => Oil companies are not likely to increase their pump prices this month due to the stability of the peso against the dollar in recent weeks, Energy Secretary Jose Isidro Camacho said yesterday.


"It is very unlikely (for them to increase their oil prices this month). I don’t expect significant changes (in world crude prices) this month," he said.


He noted that if ever there would be a slight increase in crude oil prices in the international market, it would be offset by the prevailing peso appreciation.


                    [DatePublished] => 2001-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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)

BOTH PETRON AND SHELL

Array
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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 184568
                    [Title] => 7 oil firms reduce gas prices by 25¢
                    [Summary] => Major players Petron Corp. and Pilipinas Shell Petroleum Corp. rolled back yesterday prices of their gasoline products, diesel and kerosene by 25 centavos per liter as world crude prices weakened.


Even new players Unioil, Flying V, Seaoil, Total Petroleum Corp. and Eastern Petroleum Corp. have also reduced their prices. While Flying V’s rollback rate is the same as that of Petron and Shell, Unioil will implement a 25-centavo price reduction on all its products. Seaoil, on the other hand, implemented the price rollback earlier than the others at 6 last night.


                    [DatePublished] => 2002-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 163474
                    [Title] => Petron reduces refinery output by 30% due to weak demand
                    [Summary] => Publicly-listed Petron Corp. has cut back on its refinery production by 30 
percent due to a weak demand in the domestic market.


In an interview during a public forum sponsored by the Philippine Institute of Petroleum Inc. (PIP) on "Turmoil in Middle East-Impact on Oil Supplies and Oil Deregulation – The Asian Experience", Petron president and chief executive officer Motassim Al-Ma’ashouq said that at present, they are running at a rate of 126,000 barrels of oil per day (BOPD) or about 70 percent of its total refining capacity of 180,000 BOPD.


                    [DatePublished] => 2002-06-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 90066
                    [Title] => Energy chief: Oil firms not increasing prices this month
                    [Summary] => Oil companies are not likely to increase their pump prices this month due to the stability of the peso against the dollar in recent weeks, Energy Secretary Jose Isidro Camacho said yesterday.


"It is very unlikely (for them to increase their oil prices this month). I don’t expect significant changes (in world crude prices) this month," he said.


He noted that if ever there would be a slight increase in crude oil prices in the international market, it would be offset by the prevailing peso appreciation.


                    [DatePublished] => 2001-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

7 oil firms reduce gas prices by 25¢

By Donnabelle L. Gatdula | November 19, 2002 - 12:00am

Major players Petron Corp. and Pilipinas Shell Petroleum Corp. rolled back yesterday prices of their gasoline products, diesel and kerosene by 25 centavos per liter as world crude prices weakened. Even new players...

Headlines

Petron reduces refinery output by 30% due to weak demand

By Donnabelle L. Gatdula | June 5, 2002 - 12:00am

Publicly-listed Petron Corp. has cut back on its refinery production by 30 percent due to a weak demand in the domestic market. In an interview during a public forum sponsored by the Philippine Institute of Petroleum...

Business

Energy chief: Oil firms not increasing prices this month

By Donnabelle L. Gatdula | March 13, 2001 - 12:00am

Oil companies are not likely to increase their pump prices this month due to the stability of the peso against the dollar in recent weeks, Energy Secretary Jose Isidro Camacho said yesterday. "It is very unlikely...

Headlines