+ Follow PACIFIC CONSORTIUM Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 393577
[Title] => Trans-Asia allots P500M for capex this year
[Summary] =>
Trans-Asia Oil and Energy Development Corp. (TA Oil), the publicly-listed oil and gas exploration firm of the Phinma Group, will allot P500 million for its capital expenditure this year.
TA Oil president Francisco Viray said the budget would allow the firm to join the bidding for the 600-megawatt Masinloc coal-fired power plant set this July.
According to Viray, they have raised their capex allocation to be able to participate in the said bidding process.
In 2006, the company had set aside P300 million for its capex.
[DatePublished] => 2007-04-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 351452
[Title] => Sa mga Top Officials na kumita sa Masinloc deal: Selda ihahanda na!
[Summary] => Tiniyak kahapon ni Senate Minority Leader Aquilino Pimentel Jr. na ipaghaharap ng karampatang sakdal ang mga matataas na opisyal ng energy sector na hinihinalang tumipak ng malaking halaga sa maanomalyang Masinloc deal.
[DatePublished] => 2006-08-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[2] => Array
(
[ArticleID] => 350917
[Title] => No deadline extension for YNN
[Summary] => State-run Power Sector Assets and Lia- bilities Management Corp. (PSALM) will no longer accept the upfront payment of YNN Pacific Consortium for the 600-megawatt (MW) Masinloc coal-fired power plant once the sale contract extension lapses on Aug. 6.
PSALM president Nieves L. Osorio said the agency is standing firm on the deadline amid allegations it would reconsider accommodating YNN anew with another contract extension to come up with the $227-million upfront payment and enable the government to complete the sale of the Masinloc power facility in Zambales.
[DatePublished] => 2006-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 349585
[Title] => YNN contract kanselahin agad — Miriam
[Summary] =>
Hiniling kahapon ni Sen. Miriam Defensor-Santiago ang agarang kanselasyon ng YNN Pacific Consortium contract sa Masinloc plant deal matapos mabigo itong magbayad ng kanilang downpayment sa kabila ng ibinigay na palugit dito ng pamahalaan.
Sinabi ni Sen. Santiago, chair ng senate committee on energy, sisimulan na rin ng kanyang komite ang imbestigasyon hinggil sa maanomalyang kontratang ito ng YNN bukas upang malaman kung sino-sino ang nakinabang sa nasabing deal makaraang kunsintihin ang Ranhill Berhad Power Corporation ng Malaysia.
[DatePublished] => 2006-07-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[4] => Array
(
[ArticleID] => 347294
[Title] => Nene seeks early rebidding for Masinloc power plant
[Summary] => Senate Minority Leader Aquilino Pimentel Jr. urged the government to start as soon as possible the rebidding of the 600-megawatt Masinloc power plant in Zambales instead of giving YNN Pacific Consortium another 30 days to settle the $227-million downpayment it failed to pay after three extensions.
Pimentel said YNN Pacific lost its right to acquire the power plant when the Power Sector Assets and Liabilities Management (PSALM) Corp. confiscated its $14-million performance bond.
[DatePublished] => 2006-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[5] => Array
(
[ArticleID] => 346597
[Title] => YNN can still save its Masinloc contract, but not its $14-M bond
[Summary] => The government will not deduct the $14.14-million performance bond from the $561-million purchase price of 600-megawatt Masinloc power plant in case the YNN Pacific Consortium Inc. and its partner Ranhill Berhad will decide to deliver the downpayment before Aug. 6, Energy Secretary Raphael P.M. Lotilla said over the weekend.
"That would not be part of the $561 million," Lotilla said. The energy chief did not elaborate.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 346633
[Title] => Masinloc deal lalong nangangamoy
[Summary] => KONTROBERSYAL ang pagbebenta sa Masinloc Power Plant sa kompanyang Ranhill Berhad ng Malaysia. May mga tumututol dahil kapag naibenta sa pribado, baka dumoble ang halaga ng elektrisidad. Pero hindi iyan ang malaking isyu. Kahit maliit lang umano ang puhunan, sa pamamagitan ng "laway" ay napanalunan ang bid ng YNN. Kumbaga, iginisa ng buyer sa sariling mantika ang seller. Labag iyan sa regulasyon ng pagbebenta.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133395
[Focus] => 0
[AuthorID] => 1804793
[AuthorName] => Al G. Pedroche
[SectionName] => PSN Opinyon
[SectionUrl] => opinyon
[URL] =>
)
[7] => Array
(
[ArticleID] => 346415
[Title] => Pimentel scores government over Masinloc sale
[Summary] => Senate Minority Leader Aquilino Pimentel, Jr. denounced anew the government’s decision to give YNN Pacific Consortium 30 more days to settle its $227-million downpayment for the sale of the 600-megawatt power plant in Masinloc, Zambales after failing to do so by the June 30 deadline.
Pimentel said the extension of the payment deadline only lends credence to allegations that YNN Pacific, along with its partner Ranhill Berhad of Malaysia, enjoys the protection of powerful officials in the Arroyo administration.
[DatePublished] => 2006-07-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[8] => Array
(
[ArticleID] => 346065
[Title] => Gov’t to scrap YNN contract
[Summary] => The merchant contract of the YNN Pacific Consortium will be terminated by Monday, the Department of Finance (DOF) announced yesterday after forfeiting the group’s $14-million performance bond.
The bond was ordered forfeit by the Power Sector Assets and Liabilities Management Corp. (PSALM) earlier after YNN failed to deliver the upfront payment of $227.54 million for the acquisition of the Masinloc power plant.
[DatePublished] => 2006-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 345523
[Title] => Government urged to use forfeited Masinloc bond to pay Napocor’s debt
[Summary] =>
Opposition and pro-administration senators crossed party lines yesterday in asking the government to ensure that the forfeited $14-million bond posted by YNN Pacific Consortium in the aborted purchase of the 600-megawatt Masinloc power plant in Zambales be used instead to pay the ballooning loan obligations of the debt-ridden National Power Corp. (Napocor).
[DatePublished] => 2006-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
PACIFIC CONSORTIUM
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 393577
[Title] => Trans-Asia allots P500M for capex this year
[Summary] =>
Trans-Asia Oil and Energy Development Corp. (TA Oil), the publicly-listed oil and gas exploration firm of the Phinma Group, will allot P500 million for its capital expenditure this year.
TA Oil president Francisco Viray said the budget would allow the firm to join the bidding for the 600-megawatt Masinloc coal-fired power plant set this July.
According to Viray, they have raised their capex allocation to be able to participate in the said bidding process.
In 2006, the company had set aside P300 million for its capex.
[DatePublished] => 2007-04-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 351452
[Title] => Sa mga Top Officials na kumita sa Masinloc deal: Selda ihahanda na!
[Summary] => Tiniyak kahapon ni Senate Minority Leader Aquilino Pimentel Jr. na ipaghaharap ng karampatang sakdal ang mga matataas na opisyal ng energy sector na hinihinalang tumipak ng malaking halaga sa maanomalyang Masinloc deal.
[DatePublished] => 2006-08-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[2] => Array
(
[ArticleID] => 350917
[Title] => No deadline extension for YNN
[Summary] => State-run Power Sector Assets and Lia- bilities Management Corp. (PSALM) will no longer accept the upfront payment of YNN Pacific Consortium for the 600-megawatt (MW) Masinloc coal-fired power plant once the sale contract extension lapses on Aug. 6.
PSALM president Nieves L. Osorio said the agency is standing firm on the deadline amid allegations it would reconsider accommodating YNN anew with another contract extension to come up with the $227-million upfront payment and enable the government to complete the sale of the Masinloc power facility in Zambales.
[DatePublished] => 2006-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 349585
[Title] => YNN contract kanselahin agad — Miriam
[Summary] =>
Hiniling kahapon ni Sen. Miriam Defensor-Santiago ang agarang kanselasyon ng YNN Pacific Consortium contract sa Masinloc plant deal matapos mabigo itong magbayad ng kanilang downpayment sa kabila ng ibinigay na palugit dito ng pamahalaan.
Sinabi ni Sen. Santiago, chair ng senate committee on energy, sisimulan na rin ng kanyang komite ang imbestigasyon hinggil sa maanomalyang kontratang ito ng YNN bukas upang malaman kung sino-sino ang nakinabang sa nasabing deal makaraang kunsintihin ang Ranhill Berhad Power Corporation ng Malaysia.
[DatePublished] => 2006-07-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[4] => Array
(
[ArticleID] => 347294
[Title] => Nene seeks early rebidding for Masinloc power plant
[Summary] => Senate Minority Leader Aquilino Pimentel Jr. urged the government to start as soon as possible the rebidding of the 600-megawatt Masinloc power plant in Zambales instead of giving YNN Pacific Consortium another 30 days to settle the $227-million downpayment it failed to pay after three extensions.
Pimentel said YNN Pacific lost its right to acquire the power plant when the Power Sector Assets and Liabilities Management (PSALM) Corp. confiscated its $14-million performance bond.
[DatePublished] => 2006-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[5] => Array
(
[ArticleID] => 346597
[Title] => YNN can still save its Masinloc contract, but not its $14-M bond
[Summary] => The government will not deduct the $14.14-million performance bond from the $561-million purchase price of 600-megawatt Masinloc power plant in case the YNN Pacific Consortium Inc. and its partner Ranhill Berhad will decide to deliver the downpayment before Aug. 6, Energy Secretary Raphael P.M. Lotilla said over the weekend.
"That would not be part of the $561 million," Lotilla said. The energy chief did not elaborate.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 346633
[Title] => Masinloc deal lalong nangangamoy
[Summary] => KONTROBERSYAL ang pagbebenta sa Masinloc Power Plant sa kompanyang Ranhill Berhad ng Malaysia. May mga tumututol dahil kapag naibenta sa pribado, baka dumoble ang halaga ng elektrisidad. Pero hindi iyan ang malaking isyu. Kahit maliit lang umano ang puhunan, sa pamamagitan ng "laway" ay napanalunan ang bid ng YNN. Kumbaga, iginisa ng buyer sa sariling mantika ang seller. Labag iyan sa regulasyon ng pagbebenta.
[DatePublished] => 2006-07-10 00:00:00
[ColumnID] => 133395
[Focus] => 0
[AuthorID] => 1804793
[AuthorName] => Al G. Pedroche
[SectionName] => PSN Opinyon
[SectionUrl] => opinyon
[URL] =>
)
[7] => Array
(
[ArticleID] => 346415
[Title] => Pimentel scores government over Masinloc sale
[Summary] => Senate Minority Leader Aquilino Pimentel, Jr. denounced anew the government’s decision to give YNN Pacific Consortium 30 more days to settle its $227-million downpayment for the sale of the 600-megawatt power plant in Masinloc, Zambales after failing to do so by the June 30 deadline.
Pimentel said the extension of the payment deadline only lends credence to allegations that YNN Pacific, along with its partner Ranhill Berhad of Malaysia, enjoys the protection of powerful officials in the Arroyo administration.
[DatePublished] => 2006-07-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[8] => Array
(
[ArticleID] => 346065
[Title] => Gov’t to scrap YNN contract
[Summary] => The merchant contract of the YNN Pacific Consortium will be terminated by Monday, the Department of Finance (DOF) announced yesterday after forfeiting the group’s $14-million performance bond.
The bond was ordered forfeit by the Power Sector Assets and Liabilities Management Corp. (PSALM) earlier after YNN failed to deliver the upfront payment of $227.54 million for the acquisition of the Masinloc power plant.
[DatePublished] => 2006-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 345523
[Title] => Government urged to use forfeited Masinloc bond to pay Napocor’s debt
[Summary] =>
Opposition and pro-administration senators crossed party lines yesterday in asking the government to ensure that the forfeited $14-million bond posted by YNN Pacific Consortium in the aborted purchase of the 600-megawatt Masinloc power plant in Zambales be used instead to pay the ballooning loan obligations of the debt-ridden National Power Corp. (Napocor).
[DatePublished] => 2006-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
