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Article: BRIEFING - ASIA ENERGY - AUG 6, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 6, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on energy for Aug 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
PHILIPPINES' EASTERN PETROLEUM POSTS US$20.9 MLN REVENUE IN H1
MANILA - Despite the global financial crunch, an independent Philippine oil company revealed that it posted P1 billion (US$20.9 million) revenues for the first half of this year.
Fernando Martinez, chairman of Eastern Petroleum Corp. (EPC), said that in the first six months of 2009, it realized P1 billion in revenues and around P30 million in net income.
INVESTORS COMMIT ...