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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 170385 [Title] => Perez bucks proposal to create National Oil Exchange [Summary] => Energy Secretary Vincent S. Perez is opposing any proposal to create a National Oil Exchange (NOEC).
"The local oil industry is already healthy at the moment. We dont see the need for the concept of an oil exchange," Perez told reporters.
He said the country has sufficient petroleum supply. "The spirit of a deregulated industry already allows transparency in the procurement of petroleum products," he added.
The energy chief said there is enough competitive pressure in the industry, thus there is no need an oil exchange.
[DatePublished] => 2002-08-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MARIAN CATHEDRAL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 170385 [Title] => Perez bucks proposal to create National Oil Exchange [Summary] => Energy Secretary Vincent S. Perez is opposing any proposal to create a National Oil Exchange (NOEC).
"The local oil industry is already healthy at the moment. We dont see the need for the concept of an oil exchange," Perez told reporters.
He said the country has sufficient petroleum supply. "The spirit of a deregulated industry already allows transparency in the procurement of petroleum products," he added.
The energy chief said there is enough competitive pressure in the industry, thus there is no need an oil exchange.
[DatePublished] => 2002-08-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
August 1, 2002 - 12:00am
Recommended
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
6 hours ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
6 hours ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
1 day ago
The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
3 days ago
Lotto Nov 8, 2024
EZ2/LVM - 24 22
SUERTRES - 8 9 4
6D Lotto - 4 6 7 5
6/45 Lotto - 33 9 43 6 45 26
P112,252,998.00
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P106,832,642.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66