Philippine National Oil Company

Type: Company
Name: Philippine National Oil Company
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Fuel oil import, both in volume and value, to be lower than original estimate in current fiscal

The government has revised its original estimate about the import of petroleum, oil and lubricants (POL) at 5.1 million tonnes against earlier projected level of 5.9 million tonnes for the current fiscal year (FY), 2012-13.The revised volume of crude ... [Published Financial Express Bangladesh - May 17 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Other Stories (05/15/13)

P1-billion loan securedLAGUNA AAA Water Corp., a unit of Manila Water Co., Inc., has secured a P1.33-billion loan which will be used to expand services in the former’s concession area, the parent said in a statement yesterday. Manila Water said Laguna ... [Published Business World - May 14 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

COA questions perks in PNOC-EC…

GOVERNMENT auditors have warned officials of the Philippine National Oil Company-Exploration Corporation that it will disallow over P8 million performance incentive pays (PIP) they received last year unless they can secure approval from the Office of ... [Published Malaya Business Insight - May 13 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

… Execs out-Gloria Gloria on gas allowances

THE Commission on Audit has ordered officials of the Philippine National Oil Company – Exploration Corporation (PNOC-EC) to refund P6.45 million worth of gasoline allowances paid to them since 2 ... [Published Malaya Business Insight - May 13 2013]
First reported May 08 2013 - Updated May 08 2013 - 1 reports

Nido, PNOC approve work plan

NIDO Petroleum and its joint venture partner Philippine National Oil Company have agreed on a forward plan for the Baragatan prospect in the Philippines.Image courtesy of Nido Petroleum.The prospect is a large rotated fault block estimated to contain ... [Published PNGIndustryNews.net - May 08 2013]
First reported May 07 2013 - Updated May 07 2013 - 2 reports

Nido readies Palawan drilling

Nido Petroleum Ltd. of Australia and joint venture partner PNOC Exploration Corp. approved a drilling budget of $22 million to $25 million for the Baragatan oil prospect, which is estimated to contain up to 977 million barrels.“The joint venture has approved ... [Published Manila Standard Today - May 07 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

Shell lines up Boskalis for Malampaya installations

Offshore staffPAPENDRECHT, the Netherlands – Shell Philippines Exploration has commissioned Royal Boskalis Westminster to install an offshore depletion compression platform for the Malampaya project. The location is off the coast of Palawan Island in ... [Published Offshore oil and gas - May 07 2013]
First reported May 06 2013 - Updated May 06 2013 - 3 reports

PNOC coal contracts

The Energy Department awarded three coal operating contracts to PNOC Exploration Corp., the oil and gas unit of state-owned Philippine National Oil Co.PNOC Exploration said in a disclosure to the stock exchange it obtained three coal operating contracts, ... [Published Manila Standard Today - May 06 2013]
First reported May 01 2013 - Updated May 02 2013 - 2 reports

PNOC-EC, Nido Petroleum eyeing new oil well off northwest Palawan

InterAksyon.comThe online news portal of TV5MANILA - The joint venture of PNOC-Exploration Corp (PNOC-EC) and Nido Exploration Ltd has short-listed a new drilling prospect in offshore northwest Palawan.In a report to the Australian Securities Exchange, ... [Published Interaksyon - May 02 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Bataan may start hosting energy firms

?The PNOC (Philippine National Oil Company) shall manage, operate and develop the said parcel of land as an industrial zone and will establish, develop and operate or cause the establishment, development and operation thereat of petrochemical and related ... [Published Business World - Apr 23 2013]
First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

Labor Leader Found Innocent, Freed ...

MANILA ? Labor leader Vincent “Bebot” Borja, 41, was at last freed from prison after the lone witness in the “trumped-up charges” leveled against him has finally made an appearance in a court hearing, and admitted under oath that indeed, he does not recognize ... [Published Bulatlat.com - Apr 20 2013]
First reported Apr 16 2013 - Updated Apr 16 2013 - 2 reports

PNOC-EC income drops

PNOC Exploration Corp., the upstream oil and coal arm of the state-run Philippine National Oil Co., posted a 2.3 percent drop in its net income in 2012 to P2.93 billion from P3 billion in 2011 due to lower revenues from coal operations last year.Its revenues ... [Published Malaya Business Insight - Apr 16 2013]

Quotes

"Just as important, MGIs application for the facilitys Certificate of Compliance filed with the Energy Regulatory Commission (ERC) last April is a critical step towards eventual commercial operation this year. Given that Maibarara is a government-contracted power project, DOE-REMB will coordinate with ERC and other agencies to ensure that government permits are released in a timely fashion so that Maibarara can supply much needed additional power to the Luzon grid this year, Marasigan added. PetroEnergy's partners in MGI are Trans-Asia Oil & Energy Development Corp, which has a 25 percent stake, and state-owned Philippine National Oil Co-Renewables Corp, 10 percent."
"Given the physical scale of the FSRU solution, they are ideal for when small volumes need to be introduced to the market" Sattar said during his presentation at the Emerging Asia Small and Mid-Scale LNG forum held in Singapore
"The last update to the Minex 6.1 software, released late last year, features a new schedule-reporting function focused on production information, which enables clients to report metres progressed and tons produced" states Geovia MD David Osborn
"Exact timing of drilling will be subject to rig availability and timing of securing approvals" the Australian company said

More Content

All (51) | News (49) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Fuel oil import, both in volume and value, to b... [Published Financial Express Bangladesh - May 17 2013]
Other Stories (05/15/13) [Published Business World - May 14 2013]
PetroEnergy's Maibarara geothermal project bags... [Published Interaksyon - May 14 2013]
COA questions perks in PNOC-EC… [Published Malaya Business Insight - May 13 2013]
… Execs out-Gloria Gloria on gas allowances [Published Malaya Business Insight - May 13 2013]
PHL to trim existing GOCCs to 100 in ongoing fi... [Published GMA News.tv - May 13 2013]
No Balut Vendors: Partylist of FG ... [Published Bulatlat.com - May 10 2013]
FSRUs serve as an entry solution to LNG markets... [Published Platts - May 10 2013]
Software features improve underground mining [Published Mining Weekly - May 10 2013]
Nido, PNOC approve work plan [Published PNGIndustryNews.net - May 08 2013]
Nido readies Palawan drilling [Published Manila Standard Today - May 07 2013]
Shell lines up Boskalis for Malampaya installat... [Published Offshore oil and gas - May 07 2013]
Nido, PNOC-EC poised to begin drilling at new o... [Published Interaksyon - May 07 2013]
PNOC coal contracts [Published Manila Standard Today - May 06 2013]
Is Canada Funding Mercenaries in Mi... [Published Bulatlat.com - May 06 2013]
PNOC EC bags 3 coal contracts [Published Philippine Daily Inquirer - May 06 2013]
PNOC-EC bags 3 coal concessions [Published Interaksyon - May 06 2013]
PNOC-EC, Nido Petroleum eyeing new oil well off... [Published Interaksyon - May 02 2013]
Nido plans to drill in new prospect under SC 63 [Published Philippine Daily Inquirer - May 01 2013]
Prel work starts on laying pipeline [Published Financial Express Bangladesh - Apr 27 2013]
Bataan lauds PNOC land conversion [Published Yahoo Philippines News - Apr 24 2013]
PNOC land converted into ‘Integrated Investmen... [Published Headline Gitnang Luzon - Apr 24 2013]
Bataan may start hosting energy firms [Published Business World - Apr 23 2013]
Labor Leader Found Innocent, Freed ... [Published Bulatlat.com - Apr 20 2013]
From paradise to wasteland: Environ... [Published Bulatlat.com - Apr 19 2013]
Battle for PHL’s natural resources [Published Business Mirror - Apr 18 2013]
PNOC-EC income drops [Published Malaya Business Insight - Apr 16 2013]
Election watchdog calls for disqual... [Published Bulatlat.com - Apr 16 2013]
Lower coal revenues pull down PNOC-EC earnings [Published Interaksyon - Apr 16 2013]
Investors eye LNG facility at gov’t park in Bataan [Published Philippine Daily Inquirer - Apr 14 2013]
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South China Sea Energy Profile: Critical World ... [Published MaritimeSecurity.Asia - Feb 08 2013]
The South China Sea is a critical world trade route and a potential source of hydrocarbons, particularly natural gas, with competing claims of ownership over the sea and its resources. Stretching from Singapore and the Strait of Malacca in the southwest ...
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