^
+ Follow JOSE SYJUCO JR. Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 398657
                    [Title] => House members get P476-M grants
                    [Summary] => 

The head of the Technical Education and Skills Development Authority (Tesda) played Santa Claus to congressmen yesterday, promising to give them P2 million each in scholarship funds next year.

[DatePublished] => 2008-09-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 96012 [Title] => Petron nets P348 M in Quarter 1 [Summary] => Petron Corp., the country’s largest oil refiner, reported yesterday a net income of P348 million for the first quarter of 2001, a turnaround from the P331-million net loss registered in the same period in 2000.

Petron chairman Jose Syjuco Jr. attributed his company’s strong performance to slightly improved margins, resulting from lower crude prices and a more stable peso exchange rate. The company reported a net loss of P1 billion for the whole of 2000.
[DatePublished] => 2001-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 96388 [Title] => DOE chief nixes oil exchange [Summary] => Energy Secretary Jose Isidro "Lito" Camacho sees no need for a so-called national oil exchange, saying this will run counter to the oil deregulation law’s objective of allowing market forces to prevail in the country’s oil industry.

"The (oil deregulation) law already provides, I think, the ample protection to promote an open market system in the oil industry. I think, it is better to leave it to market forces. Perhaps the concept of an oil exchange might bring us to an era of unified purchasing," Camacho said.
[DatePublished] => 2001-03-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 96946 [Title] => Petron incurs P1.1-B loss for 2000 [Summary] => Publicly listed Petron Corp. reported yesterday a net loss of P1.1 billion for 2000, lower than the projected P2-billion loss for the period, but marked a complete turnaround from the P2.4-billion net income registered in 1999.

Petron said this was a record loss for the company, and marked only the second time in its history that it turned in a negative performance. The first was in 1997 when the company ended up in the red by P500 million due to foreign exchange losses following the Asian financial crisis at that time.
[DatePublished] => 2001-02-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96922 [Title] => Petron chief hails GMA for scrapping OilEx plan [Summary] => Publicly listed Petron Corp. lauded yesterday President Arroyo’s announcement that she would not consider the creation of a National Oil Exchange Corp. (OilEx).

Petron Corp. chairman Jose Syjuco Jr. praised President Arroyo’s statement that she was only batting for measures that would improve greater transparency in fuel pricing and not the creation of a centralized oil trading company as earlier reported.
[DatePublished] => 2001-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98252 [Title] => Various groups buck baseoil tariff hike [Summary] => Government agencies, transport groups and the local oil industry in general have joined hands in opposing Senate Bill (SB) 2203 which seeks to increase the tariff on imported baseoil and lubricants from three percent to 20 percent.

Pilipinas Shell Petroleum Corp., operator of the only baseoil refinery in the Philippines, is supporting the bill.
[DatePublished] => 2000-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98242 [Title] => Shell chides Petron for being ‘unnationalistic’ [Summary] => Pilipinas Shell Petroleum Corp. (Shell) lashed out yesterday at Petron Corp. for being "unnationalistic" as the latter prefers to import baseoil products instead of sourcing its requirements from an existing baseoil refinery in Pililia, Rizal which is owned by Shell.

Shell officials were referring to the opposition of Petron to Senate Bill (SB) 2203, which proposes to impose a 20-percent tariff on imported grade 1 baseoil and lubricants. A three-percent tariff is currently being applied which is considered among the lowest in the region.
[DatePublished] => 2000-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98586 [Title] => Petron reports P1.3-B loss [Summary] => Industry leader Petron Corp. reported a P1.3-billion after tax loss in the first nine months this year, a sharp downturn compared to the P2-billion net income the company registered in the same period last year.

The huge loss was traced to the company’s inability to adjust pump prices in line with the rise in world crude oil prices and the continued depreciation of the peso against the dollar.
[DatePublished] => 2000-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 99020 [Title] => Proposed oil exchange must be privately owned - new players [Summary] =>

The country's new players are open to the creation of a national oil exchange as long as it is private and is prepared to compete in the open market.

"They should join the free market and establish their storage, distribution and marketing facilities like we did," they said. "Why should anyone at this moment have a distinctive edge when the industry was already deregulated.?"

New players control nearly 10 percent of the industry after a little over two years since the country's oil industry was deregulated. [DatePublished] => 2000-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98861 [Title] => Petron willing to support naphtha plant [Summary] =>

Petron Corp. confirmed over the weekend its interest in supplying raw materials to the proposed naphtha cracker plant.

The country's leading oil refiner also confirmed that Saudi Aramco Co. of Saudi Arabia (Aramco) had indicated its willingness to also sell raw materials.

Petron chairman and chief executive officer Jose Syjuco Jr. [DatePublished] => 2000-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

JOSE SYJUCO JR.
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 398657
                    [Title] => House members get P476-M grants
                    [Summary] => 

The head of the Technical Education and Skills Development Authority (Tesda) played Santa Claus to congressmen yesterday, promising to give them P2 million each in scholarship funds next year.

[DatePublished] => 2008-09-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097047 [AuthorName] => Jess Diaz [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 96012 [Title] => Petron nets P348 M in Quarter 1 [Summary] => Petron Corp., the country’s largest oil refiner, reported yesterday a net income of P348 million for the first quarter of 2001, a turnaround from the P331-million net loss registered in the same period in 2000.

Petron chairman Jose Syjuco Jr. attributed his company’s strong performance to slightly improved margins, resulting from lower crude prices and a more stable peso exchange rate. The company reported a net loss of P1 billion for the whole of 2000.
[DatePublished] => 2001-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 96388 [Title] => DOE chief nixes oil exchange [Summary] => Energy Secretary Jose Isidro "Lito" Camacho sees no need for a so-called national oil exchange, saying this will run counter to the oil deregulation law’s objective of allowing market forces to prevail in the country’s oil industry.

"The (oil deregulation) law already provides, I think, the ample protection to promote an open market system in the oil industry. I think, it is better to leave it to market forces. Perhaps the concept of an oil exchange might bring us to an era of unified purchasing," Camacho said.
[DatePublished] => 2001-03-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 96946 [Title] => Petron incurs P1.1-B loss for 2000 [Summary] => Publicly listed Petron Corp. reported yesterday a net loss of P1.1 billion for 2000, lower than the projected P2-billion loss for the period, but marked a complete turnaround from the P2.4-billion net income registered in 1999.

Petron said this was a record loss for the company, and marked only the second time in its history that it turned in a negative performance. The first was in 1997 when the company ended up in the red by P500 million due to foreign exchange losses following the Asian financial crisis at that time.
[DatePublished] => 2001-02-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 96922 [Title] => Petron chief hails GMA for scrapping OilEx plan [Summary] => Publicly listed Petron Corp. lauded yesterday President Arroyo’s announcement that she would not consider the creation of a National Oil Exchange Corp. (OilEx).

Petron Corp. chairman Jose Syjuco Jr. praised President Arroyo’s statement that she was only batting for measures that would improve greater transparency in fuel pricing and not the creation of a centralized oil trading company as earlier reported.
[DatePublished] => 2001-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98252 [Title] => Various groups buck baseoil tariff hike [Summary] => Government agencies, transport groups and the local oil industry in general have joined hands in opposing Senate Bill (SB) 2203 which seeks to increase the tariff on imported baseoil and lubricants from three percent to 20 percent.

Pilipinas Shell Petroleum Corp., operator of the only baseoil refinery in the Philippines, is supporting the bill.
[DatePublished] => 2000-12-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98242 [Title] => Shell chides Petron for being ‘unnationalistic’ [Summary] => Pilipinas Shell Petroleum Corp. (Shell) lashed out yesterday at Petron Corp. for being "unnationalistic" as the latter prefers to import baseoil products instead of sourcing its requirements from an existing baseoil refinery in Pililia, Rizal which is owned by Shell.

Shell officials were referring to the opposition of Petron to Senate Bill (SB) 2203, which proposes to impose a 20-percent tariff on imported grade 1 baseoil and lubricants. A three-percent tariff is currently being applied which is considered among the lowest in the region.
[DatePublished] => 2000-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98586 [Title] => Petron reports P1.3-B loss [Summary] => Industry leader Petron Corp. reported a P1.3-billion after tax loss in the first nine months this year, a sharp downturn compared to the P2-billion net income the company registered in the same period last year.

The huge loss was traced to the company’s inability to adjust pump prices in line with the rise in world crude oil prices and the continued depreciation of the peso against the dollar.
[DatePublished] => 2000-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 99020 [Title] => Proposed oil exchange must be privately owned - new players [Summary] =>

The country's new players are open to the creation of a national oil exchange as long as it is private and is prepared to compete in the open market.

"They should join the free market and establish their storage, distribution and marketing facilities like we did," they said. "Why should anyone at this moment have a distinctive edge when the industry was already deregulated.?"

New players control nearly 10 percent of the industry after a little over two years since the country's oil industry was deregulated. [DatePublished] => 2000-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98861 [Title] => Petron willing to support naphtha plant [Summary] =>

Petron Corp. confirmed over the weekend its interest in supplying raw materials to the proposed naphtha cracker plant.

The country's leading oil refiner also confirmed that Saudi Aramco Co. of Saudi Arabia (Aramco) had indicated its willingness to also sell raw materials.

Petron chairman and chief executive officer Jose Syjuco Jr. [DatePublished] => 2000-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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