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Phinma unit gets stake in gas-rich SC50

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Newly listed Trans-Asia Petroleum Corp. (Tapet) of the Phinma Group has formalized its acquisition of a minority stake in gas-rich Service Contract 50 (SC50) in offshore Palawan from Frontier Oil Corp.

Posted: October 17th, 2014 in Headlines | Read More »

Biz Buzz: Irreverent

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This administration takes pride in having attracted into government service a number of foreign-educated whiz kids who were supposedly so inspired by President Aquino’s “Walang Mahirap Kung Walang Corrupt” slogan, that they went back to the land of their birth, even if it meant massive pay cuts, just to serve the Filipino people.

Posted: September 3rd, 2014 in Columnists,Inquirer Columns | Read More »

Developing El Nido the right way

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KAYAKING at the Big Lagoon in Miniloc Island

As more tourists discover the natural wonders the Philippines has to offer, those managing one of the key attractions in the country’s so-called last frontier have a conundrum at their hands.

Posted: July 20th, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

Astoria newly opened resort in Palawan

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The Canopy is the resort’s welcome and reception area.

Palawan has around 1,780 of our 7,100 islands. The province has over 2,000 kilometers of coastline, with hundreds of sugar-white sand beaches, inlets and coves. Its interiors have vast stretches of virgin forests and mountain ranges, with many species of unique flora and fauna.

Posted: June 21st, 2014 in Inquirer Features,Property Guide | Read More »

PNOC confident to strike oil off Palawan

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CONTRIBUTED IMAGE/ http://www.pnoc-ec.com.ph

A consortium led by the state-run Philippine National Oil Company-Exploration Corp. (PNOC-EC) has embarked on a $22-million energy exploration project off the western coast of Palawan, which is “estimated to contain oil-in-place volumes of [up] to 676 million barrels, and an upside potential of 977 million barrels.”

Posted: June 8th, 2014 in Latest Business Stories | Read More »

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