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                    [ArticleID] => 162399
                    [Title] => Study on $600-M naphtha project ready by July
                    [Summary] => The Philippine National Oil Co. (NPOC) expects to complete the detailed feasibility study (DFS) on the $600-million naphtha cracker plant by July 1 this year.


"We are doing a lot of simulations. We are going as scheduled. The DFS will be completed by June and we are ready to release the results by July 1," PNOC president Thelmo Y. Cunanan said.


After completing the DFS, Cunanan said they will start making an information memorandum that will be distributed to interested investors. This will be followed by the bidding procedures.


                    [DatePublished] => 2002-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 149260
                    [Title] => Brunei group will still invest in RP
                    [Summary] => The Brunei-based Masshor group of companies remains committed to invest in the Philippines, a ranking government official said. 


Philippine National Oil Co. (PNOC) president Thelmo Y. Cunanan said in an interview that oil conglomerate is just waiting for a study on the oil industry prospects to be finished before they start to pour in fresh investments.


There are studies and audits being conducted. They need these studies so that they would know where to strategically place their money," Cunanan said.


                    [DatePublished] => 2002-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 140081
                    [Title] => PNOC Coal eyes turnaround
                    [Summary] => PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000.


PNOC president and chief executive officer Thelmo Y. Cunanan said the projected net income will be the first following years of losses by the company.


In 1999, Cunanan said the company incurred a net loss of P35 million which ballooned to P107 million last year.


                    [DatePublished] => 2001-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 95426
                    [Title] => Filoil to develop Cavite property
                    [Summary] => Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate.


There are four investors that have expressed interest in the project, said Philippine National Oil Co. (PNOC) president and chief executive officer Thelmo Y. Cunanan. Filoil is a subsidiary of PNOC.


Cunanan said the site, located beside the Cavite Export Processing Zone (CEPZ), has been idle, resulting in a monthly loss of nearly P200,000.
                    [DatePublished] => 2001-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 100183
                    [Title] => Filoil to develop Cavite property
                    [Summary] => Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate.


There are four investors that have expressed interest in the project, said Philippine National Oil Co. (PNOC) president and chief executive officer Thelmo Y. Cunanan. Filoil is a subsidiary of PNOC.


Cunanan said the site, located beside the Cavite Export Processing Zone (CEPZ), has been idle, resulting in a monthly loss of nearly P200,000.
                    [DatePublished] => 2001-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

THELMO Y

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                    [ArticleID] => 162399
                    [Title] => Study on $600-M naphtha project ready by July
                    [Summary] => The Philippine National Oil Co. (NPOC) expects to complete the detailed feasibility study (DFS) on the $600-million naphtha cracker plant by July 1 this year.


"We are doing a lot of simulations. We are going as scheduled. The DFS will be completed by June and we are ready to release the results by July 1," PNOC president Thelmo Y. Cunanan said.


After completing the DFS, Cunanan said they will start making an information memorandum that will be distributed to interested investors. This will be followed by the bidding procedures.


                    [DatePublished] => 2002-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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            [1] => Array
                (
                    [ArticleID] => 149260
                    [Title] => Brunei group will still invest in RP
                    [Summary] => The Brunei-based Masshor group of companies remains committed to invest in the Philippines, a ranking government official said. 


Philippine National Oil Co. (PNOC) president Thelmo Y. Cunanan said in an interview that oil conglomerate is just waiting for a study on the oil industry prospects to be finished before they start to pour in fresh investments.


There are studies and audits being conducted. They need these studies so that they would know where to strategically place their money," Cunanan said.


                    [DatePublished] => 2002-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 140081
                    [Title] => PNOC Coal eyes turnaround
                    [Summary] => PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000.


PNOC president and chief executive officer Thelmo Y. Cunanan said the projected net income will be the first following years of losses by the company.


In 1999, Cunanan said the company incurred a net loss of P35 million which ballooned to P107 million last year.


                    [DatePublished] => 2001-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 95426
                    [Title] => Filoil to develop Cavite property
                    [Summary] => Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate.


There are four investors that have expressed interest in the project, said Philippine National Oil Co. (PNOC) president and chief executive officer Thelmo Y. Cunanan. Filoil is a subsidiary of PNOC.


Cunanan said the site, located beside the Cavite Export Processing Zone (CEPZ), has been idle, resulting in a monthly loss of nearly P200,000.
                    [DatePublished] => 2001-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 100183
                    [Title] => Filoil to develop Cavite property
                    [Summary] => Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate.


There are four investors that have expressed interest in the project, said Philippine National Oil Co. (PNOC) president and chief executive officer Thelmo Y. Cunanan. Filoil is a subsidiary of PNOC.


Cunanan said the site, located beside the Cavite Export Processing Zone (CEPZ), has been idle, resulting in a monthly loss of nearly P200,000.
                    [DatePublished] => 2001-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

Study on $600-M naphtha project ready by July

May 27, 2002 - 12:00am

The Philippine National Oil Co. (NPOC) expects to complete the detailed feasibility study (DFS) on the $600-million naphtha cracker plant by July 1 this year. "We are doing a lot of simulations. We are going...

Business

Brunei group will still invest in RP

By Donnabelle L. Gatdula | February 3, 2002 - 12:00am

The Brunei-based Masshor group of companies remains committed to invest in the Philippines, a ranking government official said. Philippine National Oil Co. (PNOC) president Thelmo Y. Cunanan said in an interview...

Business

PNOC Coal eyes turnaround

By Donnabelle L. Gatdula | November 14, 2001 - 12:00am

PNOC Coal Corp. (PNOC-CC), the coal subsidiary of the state-owned Philippine National Oil Co., is projecting a net income of P2 million this year, a turnaround from the net loss of P107 million in 2000. PNOC president...

Business

Filoil to develop Cavite property

June 8, 2001 - 12:00am

Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate. There...

Business

Filoil to develop Cavite property

June 8, 2001 - 12:00am

Filoil Development and Management Corp. (Filoil) will develop a 118-hectare property in Rosario, Cavite into a business park, retail-commercial area including affordable housing areas and an industrial estate. There...

Business