^
+ Follow ENERGY UNDERSECRETARY PETER ABAYA Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 292122
                    [Title] => Palace mulls fuel rationing
                    [Summary] => The government is considering drastic measures, including fuel rationing and shorter working hours, to cope with the adverse effects of soaring oil prices, officials said yesterday after meeting to map out plans.


In a televised briefing, Finance Secretary Margarito Teves said taxes on imported oil would be cut or removed to cushion the impact on local prices, while Energy Secretary Raphael Lotilla said conservation measures were being drawn up.
[DatePublished] => 2005-08-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 291971 [Title] => Malampaya consortium softens stand on oil drilling ventures [Summary] => The Malampaya consortium led by Shell Phils. Exploration B.V. (Spex) is softening on its stand not to develop the oil rim of the gas field and is now reportedly willing to form joint ventures for the extraction of 40 million barrels of oil in northwest Palawan.

Energy Undersecretary Guillermo Balce said Spex is reviving its interest in exploring possible joint ventures or farm-in agreements with parties that want to participate in extracting oil from Malampaya.
[DatePublished] => 2005-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 288455 [Title] => Petron may participate in proposed strategic oil stockpile [Summary] => Petron Corp., the country’s biggest oil company, said it would consider participating in a proposed strategic oil stockpile that would cushion consumers from the adverse impact of soaring world prices of crude and oil products.

"We do not yet have the details of the government’s stockpiling program. But if it were one that will give financial exchange for Petron, we will pursue it," said Petron chairman Nicasio I. Alcantara.
[DatePublished] => 2005-07-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 285855 [Title] => US urges RP to establish 90-day oil stockpile [Summary] => The US government is urging the Philippines to establish a 90-day, 30-million barrel strategic oil stockpiling program (SOSP) that would cushion it from the adverse impact of spiraling prices of crude and oil products due to insufficient supply.

The SOSP was one of the recommendations made by the US Department of Energy (USDOE) and the United States Agency for International Development (USAID) which completed a strategic oil stockpiling study for the Philippines’ Department of Energy (DOE) upon the request of former Energy Secretary Vince Perez.
[DatePublished] => 2005-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 282853 [Title] => Malampaya group not keen on development of oil rim [Summary] => The consortium developing the Malampaya deep water gas-to-power project in Palawan has reiterated its position to drop the development of the Malampaya oil rim.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 279685 [Title] => DOE mulls dev’t of LNG facilities to avert impending power crisis [Summary] => The government will look at the possibility of pursuing developments of liquefied natural gas (LNG) to avert power crisis in the future, a ranking Department of Energy (DOE) said over the weekend.

Energy Undersecretary Peter Abaya said using LNG in power could be cheaper. "It is cheaper than CNG (compressed natural gas) and petroleum products."

According to Abaya, the development of LNG has been proposed before but not been discussed thoroughly.
[DatePublished] => 2005-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 279378 [Title] => DOE set to pursue oil search in Malampaya [Summary] => The Department of Energy (DOE) will continue to pursue oil rim exploration in Malampaya despite criticisms the site may not be commercially viable.

"It is the position of the DOE, barring any other position of participants in the project, to get that oil out, which could be around 20 to 28 million barrels at $50 per barrel – worth $2 billion to the country. We will get it out and use it for the benefit of Filipinos," Energy Undersecretary Peter Abaya said.
[DatePublished] => 2005-05-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 279269 [Title] => Shell’s CNG refilling stations face delay [Summary] => The Department of Energy (DOE) is expecting a slight delay in the construction of the mother-daughter compressed natural gas (CNG) refilling station of Pilipinas Shell Petroleum Corp.

"The rolling out of the mother-daughter CNG station may be delayed by two months. It may be ready by August 2005. So the fielding of CNG buses seen to happen in June this year will be delayed," Energy Undersecretary Peter Abaya said.
[DatePublished] => 2005-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 278330 [Title] => P.75 rollback sa gasolina ipinatupad [Summary] => Nag-rollback ng 75 sentimos kada litro ng kanilang produktong gasolina ang Pilipinas Shell, Caltex, Petron, Total at Seaoil kahapon bunsod sa patuloy na pagbaba ng presyo nito sa pandaigdigang pamilihan.

Ayon kay Bobby Kanapi, spokesman ng Shell, ito ang ikalawang rollback nila o P1.75 baba ng presyo ng gasolina sa loob lamang ng isang linggo. Nananatili naman ang kanilang presyo sa iba pa nilang produktong petrolyo.
[DatePublished] => 2005-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [9] => Array ( [ArticleID] => 278125 [Title] => Oil prices likely to soften — DOE [Summary] => Oil companies may likely reduce anew prices of their pump products this week with the softening of prices in the global crude market, a ranking energy official said.

Energy Undersecretary Peter Abaya has expressed optimism that oil firms will roll back their pump prices despite recent pronouncements by some small oil players that they expect a price increase soon after they implemented a P1 per liter rollback last week.

Abaya said diesel price, however, may remain at its current level.
[DatePublished] => 2005-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ENERGY UNDERSECRETARY PETER ABAYA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 292122
                    [Title] => Palace mulls fuel rationing
                    [Summary] => The government is considering drastic measures, including fuel rationing and shorter working hours, to cope with the adverse effects of soaring oil prices, officials said yesterday after meeting to map out plans.


In a televised briefing, Finance Secretary Margarito Teves said taxes on imported oil would be cut or removed to cushion the impact on local prices, while Energy Secretary Raphael Lotilla said conservation measures were being drawn up.
[DatePublished] => 2005-08-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 291971 [Title] => Malampaya consortium softens stand on oil drilling ventures [Summary] => The Malampaya consortium led by Shell Phils. Exploration B.V. (Spex) is softening on its stand not to develop the oil rim of the gas field and is now reportedly willing to form joint ventures for the extraction of 40 million barrels of oil in northwest Palawan.

Energy Undersecretary Guillermo Balce said Spex is reviving its interest in exploring possible joint ventures or farm-in agreements with parties that want to participate in extracting oil from Malampaya.
[DatePublished] => 2005-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 288455 [Title] => Petron may participate in proposed strategic oil stockpile [Summary] => Petron Corp., the country’s biggest oil company, said it would consider participating in a proposed strategic oil stockpile that would cushion consumers from the adverse impact of soaring world prices of crude and oil products.

"We do not yet have the details of the government’s stockpiling program. But if it were one that will give financial exchange for Petron, we will pursue it," said Petron chairman Nicasio I. Alcantara.
[DatePublished] => 2005-07-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 285855 [Title] => US urges RP to establish 90-day oil stockpile [Summary] => The US government is urging the Philippines to establish a 90-day, 30-million barrel strategic oil stockpiling program (SOSP) that would cushion it from the adverse impact of spiraling prices of crude and oil products due to insufficient supply.

The SOSP was one of the recommendations made by the US Department of Energy (USDOE) and the United States Agency for International Development (USAID) which completed a strategic oil stockpiling study for the Philippines’ Department of Energy (DOE) upon the request of former Energy Secretary Vince Perez.
[DatePublished] => 2005-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 282853 [Title] => Malampaya group not keen on development of oil rim [Summary] => The consortium developing the Malampaya deep water gas-to-power project in Palawan has reiterated its position to drop the development of the Malampaya oil rim.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 279685 [Title] => DOE mulls dev’t of LNG facilities to avert impending power crisis [Summary] => The government will look at the possibility of pursuing developments of liquefied natural gas (LNG) to avert power crisis in the future, a ranking Department of Energy (DOE) said over the weekend.

Energy Undersecretary Peter Abaya said using LNG in power could be cheaper. "It is cheaper than CNG (compressed natural gas) and petroleum products."

According to Abaya, the development of LNG has been proposed before but not been discussed thoroughly.
[DatePublished] => 2005-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 279378 [Title] => DOE set to pursue oil search in Malampaya [Summary] => The Department of Energy (DOE) will continue to pursue oil rim exploration in Malampaya despite criticisms the site may not be commercially viable.

"It is the position of the DOE, barring any other position of participants in the project, to get that oil out, which could be around 20 to 28 million barrels at $50 per barrel – worth $2 billion to the country. We will get it out and use it for the benefit of Filipinos," Energy Undersecretary Peter Abaya said.
[DatePublished] => 2005-05-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 279269 [Title] => Shell’s CNG refilling stations face delay [Summary] => The Department of Energy (DOE) is expecting a slight delay in the construction of the mother-daughter compressed natural gas (CNG) refilling station of Pilipinas Shell Petroleum Corp.

"The rolling out of the mother-daughter CNG station may be delayed by two months. It may be ready by August 2005. So the fielding of CNG buses seen to happen in June this year will be delayed," Energy Undersecretary Peter Abaya said.
[DatePublished] => 2005-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 278330 [Title] => P.75 rollback sa gasolina ipinatupad [Summary] => Nag-rollback ng 75 sentimos kada litro ng kanilang produktong gasolina ang Pilipinas Shell, Caltex, Petron, Total at Seaoil kahapon bunsod sa patuloy na pagbaba ng presyo nito sa pandaigdigang pamilihan.

Ayon kay Bobby Kanapi, spokesman ng Shell, ito ang ikalawang rollback nila o P1.75 baba ng presyo ng gasolina sa loob lamang ng isang linggo. Nananatili naman ang kanilang presyo sa iba pa nilang produktong petrolyo.
[DatePublished] => 2005-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Bansa [SectionUrl] => bansa [URL] => ) [9] => Array ( [ArticleID] => 278125 [Title] => Oil prices likely to soften — DOE [Summary] => Oil companies may likely reduce anew prices of their pump products this week with the softening of prices in the global crude market, a ranking energy official said.

Energy Undersecretary Peter Abaya has expressed optimism that oil firms will roll back their pump prices despite recent pronouncements by some small oil players that they expect a price increase soon after they implemented a P1 per liter rollback last week.

Abaya said diesel price, however, may remain at its current level.
[DatePublished] => 2005-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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