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                    [ArticleID] => 143351
                    [Title] => Coal firm earmarks P120-M capex
                    [Summary] => The Philippine National Oil Co. Coal Corp. (PNOC-CC), the wholly-owned coal subsidiary of state-run PNOC, will earmark some P120 million for its capital expenditure program for 2002, PNOC-CC president Florante Navarro said yesterday.


In a press conference, Navarro said the bulk of the programmed expenses next year would be for the investment on exploration projects such as Cotabato Coal prospect (P13 million) and Surigao Integrated Coal project (P10 million). Another P3.5 million would be used for its Lumbog coal project.


                    [DatePublished] => 2001-12-12 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 140081
                    [Title] => PNOC Coal eyes turnaround
                    [Summary] => PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000.


PNOC president and chief executive officer Thelmo Y. Cunanan said the projected net income will be the first following years of losses by the company.


In 1999, Cunanan said the company incurred a net loss of P35 million which ballooned to P107 million last year.


                    [DatePublished] => 2001-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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FLORANTE NAVARRO

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                    [ArticleID] => 143351
                    [Title] => Coal firm earmarks P120-M capex
                    [Summary] => The Philippine National Oil Co. Coal Corp. (PNOC-CC), the wholly-owned coal subsidiary of state-run PNOC, will earmark some P120 million for its capital expenditure program for 2002, PNOC-CC president Florante Navarro said yesterday.


In a press conference, Navarro said the bulk of the programmed expenses next year would be for the investment on exploration projects such as Cotabato Coal prospect (P13 million) and Surigao Integrated Coal project (P10 million). Another P3.5 million would be used for its Lumbog coal project.


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                    [ArticleID] => 140081
                    [Title] => PNOC Coal eyes turnaround
                    [Summary] => PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000.


PNOC president and chief executive officer Thelmo Y. Cunanan said the projected net income will be the first following years of losses by the company.


In 1999, Cunanan said the company incurred a net loss of P35 million which ballooned to P107 million last year.


                    [DatePublished] => 2001-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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abtest

Coal firm earmarks P120-M capex

December 12, 2001 - 12:00am

The Philippine National Oil Co. Coal Corp. (PNOC-CC), the wholly-owned coal subsidiary of state-run PNOC, will earmark some P120 million for its capital expenditure program for 2002, PNOC-CC president Florante Navarro...

Business

PNOC Coal eyes turnaround

By Donnabelle L. Gatdula | November 14, 2001 - 12:00am

PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000. PNOC president...

Business