^
+ Follow SUBIC BAY DISTRIBUTION INC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 310652
                    [Title] => PTT of Thailand to invest P1.4B in RP
                    [Summary] => Thailand-based PTT Public Co. Ltd., which owns PTT Philippines, is planning to invest more than P1.4 billion or $25 million for a five-year expansion program in the Philippines, a ranking company official said over the weekend.


PTT executive vice president for corporate development Tarin Vongvanich  said the company’s board has recently approved the initial phase of the program which will involve the expansion of its retail and wholesale marketing arms in the Philippines next year.
[DatePublished] => 2005-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 240052 [Title] => PTT Phils to buy out US partner in Subic oil firm [Summary] => PTT Philippines Inc., a subsidiary of PTT Public Co. Ltd of Thailand, is firming up the buyout of El Paso Corp., its 50-percent partner in Subic Coastal/ Subic Bay Distribution Inc. (SBDI).

"We are processing the documents for the transfer. Probably we can finish it within the month," PTT PCL president Prasert Bunsumpun said, adding that formal agreement on the sale was done on Dec. 30 last year.
[DatePublished] => 2004-02-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 177358 [Title] => Middle Eastern countries eye Subic as regional oil storage center [Summary] => The Department of Energy (DOE) and some Middle Eastern countries are exploring the possibility of using Subic Bay as their regional oil storage facility.

"I had some discussions with unidentified Middle Eastern countries to explore the possibility of using Subic Bay as their regional storage facility for their own crude oil. The concept is that rather than sending very large crude carrier or ultra large crude carrier they can unload them in Subic Bay and bring them down into small carriers that can enter smaller ports," Energy Secretary Vincent S. Perez said yesterday. [DatePublished] => 2002-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 154863 [Title] => Petron, Shell corner P7.1-B Napocor supply contracts [Summary] => Oil majors Petron Corp. and Pilipinas Shell Petroleum Inc. cornered the P7.1-billion fuel oil supply contracts awarded by the National Power Corp. (Napocor) this week.

Based on data obtained from Napocor’s fuel management department, Petron bagged 18-month supply contracts for 15 delivery points equivalent to 676 million liters of fuel oil valued at P4.9 billion. This represents 60 percent of Napocor’s fuel oil requirements for the awarded period.
[DatePublished] => 2002-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 145897 [Title] => EPC to reopen oil terminal in Pasig City [Summary] => New player, Eastern Petroleum Corp. (EPC), was allowed to reopen its oil terminal in Pasig to immediately sell its remaining petroleum stocks to its customers, including the Subic Bay Distribution Inc. (SBDI).

EPC chairman Fernando Martinez said the Pasig City government has agreed to reopen the plant to allow them to sell all their stocks of 1.5 million liters. He said the move will cushion any possible impact of an impending supply shortage among the new oil players.
[DatePublished] => 2002-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [5] => Array ( [ArticleID] => 145059 [Title] => New oil firms face supply problems [Summary] => New oil companies are likely to face supply problems early next year due to the abrupt closure of the oil terminal of Eastern Petroleum Corp. (EPC) in Pasig.

Industry sources, who requested anonymity, said the closure of the terminal has started taking its toll on the Subic Bay Distribution Inc. (SBDI).
[DatePublished] => 2001-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 143227 [Title] => Eastern Petroleum sets P100-M capex budget [Summary] => Eastern Petroleum Corp. (EPC), one of the country’s new oil players, will spend some P70 million to P100 million for its capital expenditures next year, EPC president Fernando Martinez said yesterday.

In an interview during the EPC’s 5th anniversary celebration, Martinez said the fund would be used to build 30 new service stations in Metro Manila and nearby provinces.

Martinez said the P100 million would be raised through a combination of internally-generated funds and infusion of an additional equity from the stockholders.
[DatePublished] => 2001-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SUBIC BAY DISTRIBUTION INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 310652
                    [Title] => PTT of Thailand to invest P1.4B in RP
                    [Summary] => Thailand-based PTT Public Co. Ltd., which owns PTT Philippines, is planning to invest more than P1.4 billion or $25 million for a five-year expansion program in the Philippines, a ranking company official said over the weekend.


PTT executive vice president for corporate development Tarin Vongvanich  said the company’s board has recently approved the initial phase of the program which will involve the expansion of its retail and wholesale marketing arms in the Philippines next year.
[DatePublished] => 2005-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 240052 [Title] => PTT Phils to buy out US partner in Subic oil firm [Summary] => PTT Philippines Inc., a subsidiary of PTT Public Co. Ltd of Thailand, is firming up the buyout of El Paso Corp., its 50-percent partner in Subic Coastal/ Subic Bay Distribution Inc. (SBDI).

"We are processing the documents for the transfer. Probably we can finish it within the month," PTT PCL president Prasert Bunsumpun said, adding that formal agreement on the sale was done on Dec. 30 last year.
[DatePublished] => 2004-02-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 177358 [Title] => Middle Eastern countries eye Subic as regional oil storage center [Summary] => The Department of Energy (DOE) and some Middle Eastern countries are exploring the possibility of using Subic Bay as their regional oil storage facility.

"I had some discussions with unidentified Middle Eastern countries to explore the possibility of using Subic Bay as their regional storage facility for their own crude oil. The concept is that rather than sending very large crude carrier or ultra large crude carrier they can unload them in Subic Bay and bring them down into small carriers that can enter smaller ports," Energy Secretary Vincent S. Perez said yesterday. [DatePublished] => 2002-09-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 154863 [Title] => Petron, Shell corner P7.1-B Napocor supply contracts [Summary] => Oil majors Petron Corp. and Pilipinas Shell Petroleum Inc. cornered the P7.1-billion fuel oil supply contracts awarded by the National Power Corp. (Napocor) this week.

Based on data obtained from Napocor’s fuel management department, Petron bagged 18-month supply contracts for 15 delivery points equivalent to 676 million liters of fuel oil valued at P4.9 billion. This represents 60 percent of Napocor’s fuel oil requirements for the awarded period.
[DatePublished] => 2002-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 145897 [Title] => EPC to reopen oil terminal in Pasig City [Summary] => New player, Eastern Petroleum Corp. (EPC), was allowed to reopen its oil terminal in Pasig to immediately sell its remaining petroleum stocks to its customers, including the Subic Bay Distribution Inc. (SBDI).

EPC chairman Fernando Martinez said the Pasig City government has agreed to reopen the plant to allow them to sell all their stocks of 1.5 million liters. He said the move will cushion any possible impact of an impending supply shortage among the new oil players.
[DatePublished] => 2002-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [5] => Array ( [ArticleID] => 145059 [Title] => New oil firms face supply problems [Summary] => New oil companies are likely to face supply problems early next year due to the abrupt closure of the oil terminal of Eastern Petroleum Corp. (EPC) in Pasig.

Industry sources, who requested anonymity, said the closure of the terminal has started taking its toll on the Subic Bay Distribution Inc. (SBDI).
[DatePublished] => 2001-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 143227 [Title] => Eastern Petroleum sets P100-M capex budget [Summary] => Eastern Petroleum Corp. (EPC), one of the country’s new oil players, will spend some P70 million to P100 million for its capital expenditures next year, EPC president Fernando Martinez said yesterday.

In an interview during the EPC’s 5th anniversary celebration, Martinez said the fund would be used to build 30 new service stations in Metro Manila and nearby provinces.

Martinez said the P100 million would be raised through a combination of internally-generated funds and infusion of an additional equity from the stockholders.
[DatePublished] => 2001-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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