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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 272024 [Title] => PNOC unit to spend $40M on geothermal proj in Negros Oriental [Summary] => PNOC-Energy Development Corp., a subsidiary of the state-owned Philippine National Oil Co. (PNOC), is planning to spend as much as $40 million for a geothermal development project in Dauin, Negros Oriental.
EDC president and CEO Paul Aquino said the company has previously conducted tests and drilled wells in the site during the 1970s until the 1980s.
"We will revisit the site and check if we can now find geothermal energy there," he said, noting that the area has an estimated potential reserve of 20 to 40 megawatts (MW).
[DatePublished] => 2005-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PALINPINON AND DAUIN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 272024 [Title] => PNOC unit to spend $40M on geothermal proj in Negros Oriental [Summary] => PNOC-Energy Development Corp., a subsidiary of the state-owned Philippine National Oil Co. (PNOC), is planning to spend as much as $40 million for a geothermal development project in Dauin, Negros Oriental.
EDC president and CEO Paul Aquino said the company has previously conducted tests and drilled wells in the site during the 1970s until the 1980s.
"We will revisit the site and check if we can now find geothermal energy there," he said, noting that the area has an estimated potential reserve of 20 to 40 megawatts (MW).
[DatePublished] => 2005-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | March 30, 2005 - 12:00am
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P15,000,326.00
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1$ : P51.66