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                    [ArticleID] => 771184
                    [Title] => DOE to review oil firms' books
                    [Summary] => 
The Department of Energy (DOE) will meet next week the sector nominees of the independent review committee (IRC) to iron out the details of a review of oil firms’ books. The actual review is suppose to be undertaken starting February.
                    [DatePublished] => 2012-01-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 519252
                    [Title] => Me to Ate Glue: Told you so about Petron
                    [Summary] => 
When Finance Secretary Gary Teves was hell-bent on selling the 40-percent government ownership in Petron, I wrote in this column that they are making a big mistake.
                    [DatePublished] => 2009-11-02 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 395856
                    [Title] => Petron earmarks P5B for capex this year
                    [Summary] => 



Publicly-listed Petron Corp. is allocating about P5 billion for its capital expenditure this year.


In a disclosure to the Philippine Stock Exchange, Petron said that of the P5-billion capex this year, some P4.4 billion will be used for major capital pro-jects and P583 million for miscellaneous projects.


The major capital projects include the refinery expansion project of the oil firm.


On the back of the success of the mixed xylene pro-ject, the company said it would also expand further into the petrochemical business.


                    [DatePublished] => 2007-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 386693
                    [Title] => Petron sees profit hitting P5.7B
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, is projecting its net income to reach P5.7 billion in 2007, a ranking company official said.


The official told The STAR that the projected income, presented during the recent Petron board meeting, would be driven by the oil company’s aggressive expansion program.


According to the official, who requested anonymity, the income assumption is also anchored on the oil firm’s continuing efforts to expand its operations abroad particularly its export business.


                    [DatePublished] => 2007-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 147611
                    [Title] => PNOC sees flat income growth
                    [Summary] => Government-run Philippine National Oil Co. (PNOC) is projecting a flat income growth of P500 million for 2002, a ranking company official said yesterday.


PNOC executive vice president and chief operating officer Alfredo Parungao said there would be no significant development in the overall economy this year that would have an impact on the performance of its subsidiaries.


"We expect to register the same income for this year," Cunanan said.


                    [DatePublished] => 2002-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 83411
                    [Title] => Petron refines its vision
                    [Summary] => Petron Corp.’s mission statement starts: "We are a petroleum-based business enterprise in pursuit of growth and opportunities that are in the best interests of our shareholders."


Two months before its annual stockholders meeting in July, Petron’s two largest shareholders are not in entire agreement on whether their best interests will allow the oil company to continue growing in a deregulated market.


                    [DatePublished] => 2001-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1198166
                    [AuthorName] => by Margaretjao-Grey
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

        )

)

IF PETRON

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                    [ArticleID] => 771184
                    [Title] => DOE to review oil firms' books
                    [Summary] => 
The Department of Energy (DOE) will meet next week the sector nominees of the independent review committee (IRC) to iron out the details of a review of oil firms’ books. The actual review is suppose to be undertaken starting February.
                    [DatePublished] => 2012-01-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 519252
                    [Title] => Me to Ate Glue: Told you so about Petron
                    [Summary] => 
When Finance Secretary Gary Teves was hell-bent on selling the 40-percent government ownership in Petron, I wrote in this column that they are making a big mistake.
                    [DatePublished] => 2009-11-02 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 395856
                    [Title] => Petron earmarks P5B for capex this year
                    [Summary] => 



Publicly-listed Petron Corp. is allocating about P5 billion for its capital expenditure this year.


In a disclosure to the Philippine Stock Exchange, Petron said that of the P5-billion capex this year, some P4.4 billion will be used for major capital pro-jects and P583 million for miscellaneous projects.


The major capital projects include the refinery expansion project of the oil firm.


On the back of the success of the mixed xylene pro-ject, the company said it would also expand further into the petrochemical business.


                    [DatePublished] => 2007-04-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 386693
                    [Title] => Petron sees profit hitting P5.7B
                    [Summary] => 



Petron Corp., the country’s largest oil refiner, is projecting its net income to reach P5.7 billion in 2007, a ranking company official said.


The official told The STAR that the projected income, presented during the recent Petron board meeting, would be driven by the oil company’s aggressive expansion program.


According to the official, who requested anonymity, the income assumption is also anchored on the oil firm’s continuing efforts to expand its operations abroad particularly its export business.


                    [DatePublished] => 2007-02-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 147611
                    [Title] => PNOC sees flat income growth
                    [Summary] => Government-run Philippine National Oil Co. (PNOC) is projecting a flat income growth of P500 million for 2002, a ranking company official said yesterday.


PNOC executive vice president and chief operating officer Alfredo Parungao said there would be no significant development in the overall economy this year that would have an impact on the performance of its subsidiaries.


"We expect to register the same income for this year," Cunanan said.


                    [DatePublished] => 2002-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 83411
                    [Title] => Petron refines its vision
                    [Summary] => Petron Corp.’s mission statement starts: "We are a petroleum-based business enterprise in pursuit of growth and opportunities that are in the best interests of our shareholders."


Two months before its annual stockholders meeting in July, Petron’s two largest shareholders are not in entire agreement on whether their best interests will allow the oil company to continue growing in a deregulated market.


                    [DatePublished] => 2001-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1198166
                    [AuthorName] => by Margaretjao-Grey
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

        )

)

abtest

DOE to review oil firms' books

By Ted P. Torres | January 27, 2012 - 12:00am

The Department of Energy (DOE) will meet next week the sector nominees of the independent review committee (IRC) to iron out the details of a review of oil firms’ books. The actual review is suppose to be undertaken...

Business

Me to Ate Glue: Told you so about Petron

By Boo Chanco | November 2, 2009 - 12:00am

When Finance Secretary Gary Teves was hell-bent on selling the 40-percent government ownership in Petron, I wrote in this column that they are making a big mistake.

Business

Petron earmarks P5B for capex this year

By Donnabelle L. Gatdula | April 23, 2007 - 12:00am

Publicly-listed Petron Corp. is allocating about P5 billion for its capital expenditure this year. In a disclosure to the Philippine Stock Exchange, Petron said that of the P5-billion capex this year, some...

Business

Petron sees profit hitting P5.7B

By Donnabelle L. Gatdula | February 25, 2007 - 12:00am

Petron Corp., the country’s largest oil refiner, is projecting its net income to reach P5.7 billion in 2007, a ranking company official said. The official...

Business

PNOC sees flat income growth

January 19, 2002 - 12:00am

Government-run Philippine National Oil Co. (PNOC) is projecting a flat income growth of P500 million for 2002, a ranking company official said yesterday. PNOC executive vice president and chief operating officer...

Business

Petron refines its vision

By by Margaretjao-Grey | May 27, 2001 - 12:00am

Petron Corp.’s mission statement starts: "We are a petroleum-based business enterprise in pursuit of growth and opportunities that are in the best interests of...

Business As Usual