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+ Follow SHELL EXPLORATION AND CHEVRON Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 328110 [Title] => PNOC-EC income jumps five-fold to P2.9B in 2005 [Summary] => Publicly-listed PNOC Exploration Corp (PNOC-EC) posted a 417-percent rise in its unaudited consolidated net income of P2.94 billion in 2005, from the 2004 level of P568 million.
PNOC-EC said the unprecedented improvement in profit was caused by high oil and gas prices and increased production volume of its Malampaya deepwater gas- to-power project.
PNOC-EC holds a 10 percent stake in the $4.5 billion Malampaya project while lead proponents Shell Exploration and Chevron each has 45 percent stake.
[DatePublished] => 2006-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SHELL EXPLORATION AND CHEVRON
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 328110 [Title] => PNOC-EC income jumps five-fold to P2.9B in 2005 [Summary] => Publicly-listed PNOC Exploration Corp (PNOC-EC) posted a 417-percent rise in its unaudited consolidated net income of P2.94 billion in 2005, from the 2004 level of P568 million.
PNOC-EC said the unprecedented improvement in profit was caused by high oil and gas prices and increased production volume of its Malampaya deepwater gas- to-power project.
PNOC-EC holds a 10 percent stake in the $4.5 billion Malampaya project while lead proponents Shell Exploration and Chevron each has 45 percent stake.
[DatePublished] => 2006-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | March 26, 2006 - 12:00am
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