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                    [Title] => Shell sets P800-M capex for 2002
                    [Summary] => Pilipinas Shell Petroleum Corp. will allocate some P800 million for capital expenditures this year, a ranking company official said.


Shell country chairman Eliseo Santiago, in an interview, said they intend to keep the level of its capex despite the continuing slowdown in the domestic economy.


"We need to invest for our capex though there is an existing lower demand in the market," Santiago said. In 2001, the company also spent P800 million on capital expenditures.


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SHELL RENEWABLES PHILIPPINES CORP

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                    [Title] => Shell sets P800-M capex for 2002
                    [Summary] => Pilipinas Shell Petroleum Corp. will allocate some P800 million for capital expenditures this year, a ranking company official said.


Shell country chairman Eliseo Santiago, in an interview, said they intend to keep the level of its capex despite the continuing slowdown in the domestic economy.


"We need to invest for our capex though there is an existing lower demand in the market," Santiago said. In 2001, the company also spent P800 million on capital expenditures.


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abtest

1999

January 10, 2014 - 7:42am

Shell sets P800-M capex for 2002

June 14, 2002 - 12:00am

Pilipinas Shell Petroleum Corp. will allocate some P800 million for capital expenditures this year, a ranking company official said. Shell country chairman Eliseo Santiago, in an interview, said they intend to keep...

Business