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                (
                    [ArticleID] => 180339
                    [Title] => PNOC-EDC hires go-between in talks with CalEnergy
                    [Summary] => PNOC-Energy Development Corp. (EDC), the geothermal unit of state-owned Philippine National Oil Co. (PNOC), has commissioned at least three investment banks to serve as the third party in the ongoing negotiations with California Energy International Services Inc. (CalEnergy).


EDC president Sergio Apostol identified only two of the investment banks. "We are awaiting the services of ABN Amro and Credit Suisse First Boston to become the third party to act as go-between in our negotiations with CalEnergy," he said.


                    [DatePublished] => 2002-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 93728
                    [Title] => PNOC-EDC reports P7.2-B forex savings in 5 months
                    [Summary] => The Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) realized a total of $144.95 million (P7.2 billion) in foreign exchange savings during the first five months this year, PNOC-EDC chairman Sergio Apostol said.


Apostol said the huge savings came from geothermal power facilities located in Bicol, Leyte, Southern Negros and Cotabato.


According to Apostol, the amount is equivalent to 5.37 million barrels of fuel oil which otherwise would have been imported to meet the country’s energy requirements.


                    [DatePublished] => 2001-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

SOUTHERN NEGROS AND COTABATO

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    [results] => Array
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                    [ArticleID] => 180339
                    [Title] => PNOC-EDC hires go-between in talks with CalEnergy
                    [Summary] => PNOC-Energy Development Corp. (EDC), the geothermal unit of state-owned Philippine National Oil Co. (PNOC), has commissioned at least three investment banks to serve as the third party in the ongoing negotiations with California Energy International Services Inc. (CalEnergy).


EDC president Sergio Apostol identified only two of the investment banks. "We are awaiting the services of ABN Amro and Credit Suisse First Boston to become the third party to act as go-between in our negotiations with CalEnergy," he said.


                    [DatePublished] => 2002-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 93728
                    [Title] => PNOC-EDC reports P7.2-B forex savings in 5 months
                    [Summary] => The Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) realized a total of $144.95 million (P7.2 billion) in foreign exchange savings during the first five months this year, PNOC-EDC chairman Sergio Apostol said.


Apostol said the huge savings came from geothermal power facilities located in Bicol, Leyte, Southern Negros and Cotabato.


According to Apostol, the amount is equivalent to 5.37 million barrels of fuel oil which otherwise would have been imported to meet the country’s energy requirements.


                    [DatePublished] => 2001-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PNOC-EDC hires go-between in talks with CalEnergy

By Donnabelle L. Gatdula | October 18, 2002 - 12:00am

PNOC-Energy Development Corp. (EDC), the geothermal unit of state-owned Philippine National Oil Co. (PNOC), has commissioned at least three investment banks to serve as the third party in the ongoing negotiations...

Business

PNOC-EDC reports P7.2-B forex savings in 5 months

July 12, 2001 - 12:00am

The Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) realized a total of $144.95 million (P7.2 billion) in foreign exchange savings during the first five months this year, PNOC-EDC chairman Sergio...

Business