INDEPENDENT REVIEW COMMITTEE

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                    [ArticleID] => 521227
                    [Title] => Petron urges government to examine its books
                    [Summary] => 
Petron Corp., the country’s largest oil refining and marketing company, yesterday urged the government to examine its books to put an end to speculation that it is overpricing.
                    [DatePublished] => 2009-11-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 296331
                    [Title] => RP better prepared to cope with high oil prices than its Asian neighbors — Lotilla
                    [Summary] => The Philippines appears to be in  a better position to cope  with surging high oil prices compared to neighboring countries in Asia such as Indonesia and India which are set to  raise their fuel prices and lift their subsidies. 


Reports noted that India last week jacked up prices of its diesel and gasoline products by seven percent as their state oil companies cried of ballooning losses, amounting to some $9.1 billion, because of the subsidies. 


                    [DatePublished] => 2005-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 234593
                    [Title] => Meralco IPPs urged to speed up contract renegotiation
                    [Summary] => The Manila Electric Co.’s (Meralco’s)  other independent power producers (IPPs) should come up with an early resolution on the negotiations of their supply contract to further reduce the price of electricity, Energy Secretary Vincent Perez said.


"We hope that Meralco and Quezon Power Philippines Ltd. (QPPL) will be able to soon finalize negotiations of their power supply contract to further reduce electricity rates of Meralco’s customers," Perez said. 


                    [DatePublished] => 2004-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 223241
                    [Title] => Meralco reaches accord with QPL, but not with First Gas
                    [Summary] => The Manila Electric Co. (Meralco) has finalized its negotiations with Quezon Power Ltd. (QPL) but negotiations with First Gas Power Corp (FGPC) is seen headed into a deadlock over penalty rates.


According to the Independent Review Committee headed by Landbank president Margarito Teves, QPL and Meralco were preparing to sign the official agreement by December but negotiations with FGPC have not moved. 


                    [DatePublished] => 2003-10-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Petron urges government to examine its books

By Donnabelle L. Gatdula | November 9, 2009 - 12:00am

Petron Corp., the country’s largest oil refining and marketing company, yesterday urged the government to examine its books to put an end to speculation that it is overpricing.

Business

RP better prepared to cope with high oil prices than its Asian neighbors — Lotilla

By Rocel Felix | September 12, 2005 - 12:00am

The Philippines appears to be in a better position to cope with surging high oil prices compared to neighboring countries in Asia such as Indonesia and India which are set to raise their fuel prices and lift their...

Business

Meralco IPPs urged to speed up contract renegotiation

By Donnabelle L. Gatdula | January 10, 2004 - 12:00am

The Manila Electric Co.’s (Meralco’s) other independent power producers (IPPs) should come up with an early resolution on the negotiations of their supply contract to further reduce the price of electricity,...

Business

Meralco reaches accord with QPL, but not with First Gas

By Des Ferriols | October 6, 2003 - 12:00am

The Manila Electric Co. (Meralco) has finalized its negotiations with Quezon Power Ltd. (QPL) but negotiations with First Gas Power Corp (FGPC) is seen headed into a deadlock over penalty rates. According to the...

Business