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                    [ArticleID] => 638071
                    [Title] => PNOC-EC to convert dollar loans to pesos as hedge vs forex losses
                    [Summary] => 
PNOC-Exploration Corp., the upstream oil, gas and coal subsidiary of state-owned Philippine National Oil Co. (PNOC), plans to convert its dollar-denominated loans to local currency loans to hedge against foreign exchange losses.
                    [DatePublished] => 2010-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 369823
                    [Title] => DOE to bid out Camago contract
                    [Summary] => 



The Department of Energy (DOE) expects to bid out the contract for the development of Camago Malampaya Oil Leg (CMOL) by the first quarter of 2007, a top energy official said.


Energy Secretary Raphael P.M. Lotilla told reporters over the weekend that the Philippine National Oil Co. (PNOC), the agency tasked to take a lead in the CMOL development, is committed to carry out the public tender.


"We hope to push through with the development of this resource in the soonest possible time. First quarter is a good target," Lotilla said.


                    [DatePublished] => 2006-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 368542
                    [Title] => DOE offers 10 areas for exploration
                    [Summary] => 



The Department of Energy (DOE) will offer 10 more oil and gas exploration blocks under the third Public Contracting Round (PCR), aiming to raise more than $200-million worth of investments in these areas, a ranking DOE official said.


In an interview with reporters, Energy Undersecretary Guillermo Balce said they would announce the start of PCR 3 by December this year.


He said it would take at least six months to complete the process. By July 2007, he said they expect to award the contracts to the investors.


                    [DatePublished] => 2006-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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            [3] => Array
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                    [ArticleID] => 330063
                    [Title] => PNOC invites proposals for Malampaya oil rim dev’t
                    [Summary] => The Philippine National Oil Co. (PNOC) has started issuing letters of invitation to interested parties for the development of  the Malampaya oil rim in northwest Palawan, the country’s top energy official said.


Energy Secretary Raphael P.M. Lotilla told reporters that interested parties will be given up to April 17 to respond to the  PNOC’s invitation.


Lotilla said after the submission of the individual proposals, the selected party would be announced by June 2 this year.


                    [DatePublished] => 2006-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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CAMAGO MALAMPAYA OIL LEG

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                    [ArticleID] => 638071
                    [Title] => PNOC-EC to convert dollar loans to pesos as hedge vs forex losses
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PNOC-Exploration Corp., the upstream oil, gas and coal subsidiary of state-owned Philippine National Oil Co. (PNOC), plans to convert its dollar-denominated loans to local currency loans to hedge against foreign exchange losses.
                    [DatePublished] => 2010-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 369823
                    [Title] => DOE to bid out Camago contract
                    [Summary] => 



The Department of Energy (DOE) expects to bid out the contract for the development of Camago Malampaya Oil Leg (CMOL) by the first quarter of 2007, a top energy official said.


Energy Secretary Raphael P.M. Lotilla told reporters over the weekend that the Philippine National Oil Co. (PNOC), the agency tasked to take a lead in the CMOL development, is committed to carry out the public tender.


"We hope to push through with the development of this resource in the soonest possible time. First quarter is a good target," Lotilla said.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 368542
                    [Title] => DOE offers 10 areas for exploration
                    [Summary] => 



The Department of Energy (DOE) will offer 10 more oil and gas exploration blocks under the third Public Contracting Round (PCR), aiming to raise more than $200-million worth of investments in these areas, a ranking DOE official said.


In an interview with reporters, Energy Undersecretary Guillermo Balce said they would announce the start of PCR 3 by December this year.


He said it would take at least six months to complete the process. By July 2007, he said they expect to award the contracts to the investors.


                    [DatePublished] => 2006-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                )

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                    [ArticleID] => 330063
                    [Title] => PNOC invites proposals for Malampaya oil rim dev’t
                    [Summary] => The Philippine National Oil Co. (PNOC) has started issuing letters of invitation to interested parties for the development of  the Malampaya oil rim in northwest Palawan, the country’s top energy official said.


Energy Secretary Raphael P.M. Lotilla told reporters that interested parties will be given up to April 17 to respond to the  PNOC’s invitation.


Lotilla said after the submission of the individual proposals, the selected party would be announced by June 2 this year.


                    [DatePublished] => 2006-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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abtest

PNOC-EC to convert dollar loans to pesos as hedge vs forex losses

By Donnabelle L. Gatdula | December 12, 2010 - 12:00am

PNOC-Exploration Corp., the upstream oil, gas and coal subsidiary of state-owned Philippine National Oil Co. (PNOC), plans to convert its dollar-denominated loans to local currency loans to hedge against foreign...

Business

DOE to bid out Camago contract

By Donnabelle L. Gatdula | November 20, 2006 - 12:00am

The Department of Energy (DOE) expects to bid out the contract for the development of Camago Malampaya Oil Leg (CMOL) by the first quarter of 2007, a top energy official said. Energy Secretary Raphael P.M....

Business

DOE offers 10 areas for exploration

By Donnabelle L. Gatdula | November 13, 2006 - 12:00am

The Department of Energy (DOE) will offer 10 more oil and gas exploration blocks under the third Public Contracting Round (PCR), aiming to raise more than $200-million worth of investments in these areas,...

Business

PNOC invites proposals for Malampaya oil rim dev’t

By Donnabelle L. Gatdula | April 6, 2006 - 12:00am

The Philippine National Oil Co. (PNOC) has started issuing letters of invitation to interested parties for the development of the Malampaya oil rim in northwest Palawan, the country’s top energy official said. Energy...

Business