Advertisements


PH signs deal with Israeli firm for oil exploration east of Palawan

MANILA, Philippines – The Philippines has signed an oil exploration deal with Israeli firm Ratio Petroleum Ltd, allowing the company to explore for oil and gas resources in an area east of Palawan. The Petroleum Service Contract (PSC) was signed by President Rodrigo Duterte, Energy Secretary Alfonso Cusi, and Ratio ........»»

Category: newsSource: rappler rapplerOct 18th, 2018

PH signs deal with Israeli firm for oil exploration east of Palawan

MANILA, Philippines – The Philippines has signed an oil exploration deal with Israeli firm Ratio Petroleum Ltd, allowing the company to explore for oil and gas resources in an area east of Palawan. The Petroleum Service Contract (PSC) was signed by President Rodrigo Duterte, Energy Secretary Alfonso Cusi, and Ratio ........»»

Category: newsSource:  rapplerRelated NewsOct 18th, 2018

Philippines, Israel sign Palawan oil exploration deal

Malacañang yesterday expressed hope the oil exploration deal between the Philippines and an Israeli firm would lessen Manila’s dependence on imports and its vulnerability to price shocks in the global market......»»

Category: newsSource:  philstarRelated NewsOct 18th, 2018

Philippines, Israel sign Palawan oil exploration deal

Malacañang yesterday expressed hope the oil exploration deal between the Philippines and an Israeli firm would lessen Manila’s dependence on imports and its vulnerability to price shocks in the global market......»»

Category: newsSource:  philstarRelated NewsOct 18th, 2018

PH, Israel to Sign Deal on Energy Exploration

MANILA — The Philippine government is scheduled to sign an agreement with Israeli oil firm Ratio Petroleum Limited, which will cover energy exploration in Palawan, Malacañang said Tuesday. “Inaasahan po natin na mapipirmahan ang isang kasunduan para po sa exploration sa panig ng Pilipinas at ang isang kumpanya dito sa Israel, eto po ay with […].....»»

Category: newsSource:  metrocebuRelated NewsSep 4th, 2018

Philippines to ink oil exploration deal with Israeli firm

Presidential spokesman Harry Roque said the agreement with Ratio Ratio Petroleum Ltd. would help ensure energy security in the Philippines......»»

Category: newsSource:  philstarRelated NewsSep 4th, 2018

Investment firm embarks on limestone mining

Investment firm Premiere Horizon Alliance Corp. has ventured into limestone mining exploration in Southern Palawan, seen to be its potential ticket to diversification into cement production. The board of Premiere Horizon approved a deal to acquire up to 85 percent of equity of Palawan Star Mining Ventures Inc. and Pyramid Hill Mining Industrial Corp., holders of mineral production sharing agreements (MPSAs) covering about 10,384 hectares. This MPSA area contains "probable commercial quality limestone deposits located in the mineralized area of Southern Palawan," it disclosed to the Philippine Stock Exchange. Premiere Horizon intends to fund the precommercial development of a "su...Keep on reading: Investment firm embarks on limestone mining.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2018

West take notice: Lakers top unbeaten Nuggets

By Shaun Powell, NBA.com LOS ANGELES -- There are foreign roads to navigate, traffic to curse and weather to bless. Change can be a mixed bag, even for LeBron James, and we haven’t yet mentioned his other new and complex surroundings, meaning, teammates to break in. There’s also a third layer to this unfamiliar skin, and this could be the most uncomfortable of them all. Yes, if LeBron and the Lakers are to deliver more than just must-see TV for insomniacs around most of the country, they must find a way to flex muscle in the Western Conference. As LeBron has already discovered, he ain’t in Kansas anymore. Actually, make that Orlando, Charlotte, Brooklyn, etc., etc., etc. For a superstar who doesn’t take nights off, well, he can’t afford to do so anyway in the West, where there’s seemingly another potential 50-game winner staring from the other bench. That’s what Thursday (Friday, PHL time) was all about, planting concern into the heads of the elite teams of the West and making them notice what’s taking place in Los Angeles. The Nuggets came into Staples Center undefeated and left with some clues about what LeBron and the Lakers can be in the near future, after they deal with the early bonding process. “Growth that’s continuing to happen,” is how Lakers coach Luke Walton described it. LeBron had his first triple-double as a Laker and given the circumstances -- no Rajon Rondo or Brandon Ingram, both suspended, for a second straight game -- they delivered their most impressive 48 minutes of the season with a 121-114 win. “The first couple of games when we fell behind, we stayed behind,” said LeBron, noting how the Lakers seized control from the Nuggets for good late. “The best teacher in life is experience.” These are the type of games he will see more frequently than he did with the Cavaliers and Heat. For someone who spent his entire career in the East, the upgrade in competition will force LeBron and the Lakers to sharpen their learning curve. Already the West shows few signs of fall-off from a year ago when 10 teams finished with winning records; because only the top eight make the playoffs, the remaining two had to go home, wishing they were in the East. It’s a small sample size so far, yet once again, it’s business as usual in the better conference: The Warriors remain the class of the conference and league, with all the usual suspects that delivered three championships in four years accounted for. OK, sure, Klay Thompson might need to dispatch his trusty dog Rocco to search for his missing jumper. But: Did you see Steph Curry drop 51 on the Wizards the other night? Well, then. What’s interesting and most frightening about the Warriors is how they’re still a few months from suiting up DeMarcus Cousins, who has advanced to light work and dropping sweat in non-contact drills. Last season’s West runner-ups, the Rockets, are obviously missing the perimeter defense and shooting of Trevor Ariza, who signed with the lowly Suns (purely a money-grab for him). Meanwhile, Carmelo Anthony is shooting 26 percent from deep and straining while trying to keep this from becoming an extension from his Oklahoma City stop. Also: James Harden is dealing with a tweaky hamstring and Chris Paul, fresh from wiping Rajon Rondo’s DNA off his face, his serving out a suspension. Yet this will not last long; already, Rockets GM Daryl Morey is up to his tricks, scheming to trade a plate of Texas brisket to the Timberwolves for Jimmy Butler. If Morey pulls that off, the Rockets will have three All-Stars in their starting five, second only to the Warriors. LeBron must beware of Rondo’s old team, which is playing like it isn’t missing Rondo as much as some folks were led to believe. The New Orleans Pelicans is flourishing with a breezy style that’s a carryover from their surprising second-round run in last spring’s playoffs, with Niko Mirotic putting up more points than Anthony Davis and ex-Laker Julius Randle fitting right in next to AD. Speaking of the unexpected, the Spurs with DeMar DeRozan off to a good start could make it 22 straight playoff appearances after all the changeover and injuries. And Pat Beverly said the Clippers are the best team in LA; take that for what it’s worth, but it shows you that nobody is rolling out the red carpet for the Lakers just because they added LeBron. The Nuggets missed the playoffs on the final regular season day last season and they’re perhaps wiser for it. Nikola Jokic is making his top-three center case and Denver’s defense is rating No. 1 in efficiency. What they saw Thursday (Friday, PHL time) was a controlled and efficient game from LeBron (28 points, 11 rebounds, 11 assists); Lonzo Ball strip Jamal Murray in the open floor for one of his five steals; former Warriors role player JaVale McGee actually getting 16 shots and doing something with it with 21 points; and highly entertaining energy from Lance Stephenson off the bench. Nuggets coach Mike Malone was an assistant from 2005-10 in Cleveland and therefore saw the LeBron Effect first-hand in those formative years. “Sure, the West is tougher,” Malone said, “but also this is his first time playing with all those guys. As he said, this will take time. It doesn’t happen overnight, just as it didn’t last year in Oklahoma City when they brought in Paul George and Carmelo Anthony and everybody thought they were going to be great right away. Playing with LeBron isn’t easy. It easy, but it isn’t easy. When we traded for guys like Wally Szczerbiak, he comes in and says `I’ve never been this open in my life.’ He had a hard to making shots because he was so open. “LeBron is bringing all those guys confidence up. Josh Hart, Kyle Kuzma, they’ll be better off for it. He’s a great player and slowly the team will round into form. My definition of greatness is, what can you do for everyone around you? Can you take them to new heights? And he has done that repeatedly throughout his career. He’s doing the same thing now in LA.” A week into the season tells us this about the Lakers: They’ve played four of their five games against playoff teams, winning only one but taking the other three well into the fourth quarter. They’re two missed LeBron free throws from a winning record. LeBron is MVP-like and sturdy as ever, and the other pieces are slowly dropping into place. Whether it’ll be good enough to make traction in a tough conference will take months to sort out. Yes, the West is better. But that’s also because the Lakers fueled by LeBron, no longer the post-Kobe pushovers, are better as well. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsOct 26th, 2018

Israeli helps Manila find oil

Energy Secretary Alfonso Cusi attended on Wednesday the ceremonial signing of the Petroleum Service Contract (PSC) for Area 4 (East Palawan Basin) of the Fifth Philippine Energy Contracting Round (PECR5) at the Heroes Hall, of Malacañang Palace. President Duterte signed the PSC on behalf of the government while Itay Raphael Tabibzada, company president and CEO, […].....»»

Category: newsSource:  tribuneRelated NewsOct 18th, 2018

No surprise, the West title still runs through the Warriors

By Tim Reynolds, Associated Press Golden State coach Steve Kerr is a happy man these days. He’s got a new contract. He’s got his son Nick, who was helping out in San Antonio, working in the Warriors’ video room now. He’s leading a team that has won three of the last four NBA championships and is the overwhelming favorite to win it again this season. Staying happy will be the challenge for Kerr and the Warriors this season, when Western Conference rivals resume their attempts to take down the champs. “Our place in the history of the league is pretty secure,” Kerr said. “I don’t think our guys should feel a ton of pressure. I think they should feel the importance of trying to do it again, because this may be the last time we have this current iteration of the Warriors, just given all the free agents and the money crunch and everything else.” LeBron James took his talents to Los Angeles, signing with the Lakers and moving out of the East for the first time in his career. Houston had the NBA’s best regular-season record a year ago and has reigning MVP James Harden. Utah has a budding superstar in Donovan Mitchell, and certainly got the league’s attention with its playoff run last season. But in the West, until further notice, it’s still the Warriors and then everybody else. “It’s a marathon,” Warriors guard Stephen Curry said. “There’s a lot of time between now and April and May and June, but if we go about it the right way to start the season, it can feed on itself in terms of the expectation we have night in, night out.” A look at the West, in predicted order of finish: PLAYOFF BOUND 1. GOLDEN STATE — Warriors aiming for their third consecutive NBA championship, something only the Lakers, Celtics and Bulls franchises have done. 2. UTAH — Donovan Mitchell is a legitimate star, coach Quin Snyder has been underrated for far too long, and the Jazz went 29-6 to finish last season. 3. HOUSTON — The Rockets have the MVP in James Harden, a leader in Chris Paul and added Carmelo Anthony, but expecting another 67-15 season is a lot. 4. L.A. LAKERS — LeBron James is still the best player in the game and shows no signs of slowing down, so doubting his chances seems less than brilliant. 5. OKLAHOMA CITY — This is a sign of how loaded the West remains: The Thunder are really good, and that won’t assure them home-court for Round 1. 6. DENVER — Losing Game 82 last season to Minnesota and missing the playoffs because of that outcome should serve as a massive motivator for Denver. 7. NEW ORLEANS — DeMarcus Cousins is gone, Rajon Rondo is gone, but Anthony Davis is still there and that should be enough for a Pelicans playoff run. 8. SAN ANTONIO — Dejounte Murray’s ACL tear is a disaster, but any team with LaMarcus Aldridge, DeMar DeRozan and Gregg Popovich still has a lot. IN THE MIX 9. PORTLAND — The West’s No. 3 seed last season, the Blazers were only three games ahead of No. 9 and will face a serious battle in a very loaded West. 10. DALLAS — Luka Doncic is NBA-ready, DeAndre Jordan will make the Mavs better and Dirk Nowitzki deserves to see his franchise trending up again. 11. L.A. CLIPPERS — A possible transitional year for the Clippers, who should be major players in free agency next summer and could add a lottery pick. FACING LONG ODDS 12. MINNESOTA — The Jimmy Butler debacle shows that some big changes in direction are probably going to happen in Minnesota, and sooner than later. 13. PHOENIX — Devin Booker got his max deal and the Suns got No. 1 pick Deandre Ayton, but firing GM Ryan McDonough so close to the season was odd. 14. MEMPHIS — Mike Conley and Marc Gasol are savvy vets, but they are going to need a lot of help if Memphis is going to seriously improve this season. 15. SACRAMENTO — Kings had a league-high 44 games last season where they didn’t score 100 points, and a very young team might not change that much. WHAT TO KNOW L.A. BRON: If he has even an average-for-him season, new Los Angeles Lakers star LeBron James will rise to No. 4 on the NBA’s all-time scoring list this season. He’s currently No. 7, with No. 6 Dirk Nowitzki, No. 5 Wilt Chamberlain and No. 4 Michael Jordan well within reach. Add 2,000 or so points to James’ total of 31,038, and only No. 3 Kobe Bryant, No. 2 Karl Malone and No. 1 Kareem Abdul-Jabbar — all former Lakers — would still be ahead of him. STEPH RISING: Speaking of rising up career charts, Golden State’s Stephen Curry could easily be No. 3 on the all-time list for 3-pointers made by the end of this season. Curry has 2,129 3s in 625 career games, a rate of 3.4 made per game. The six players ahead of him — Ray Allen, Reggie Miller, Jason Terry, Kyle Korver, Jamal Crawford and Paul Pierce — averaged 1.8 made 3s per game. BIG NUMBERS: The only players in the last 30 seasons to average 30 points and eight assists were Oklahoma City’s Russell Westbrook in 2016-17 and Houston’s James Harden last season. Probably not coincidentally, Westbrook and Harden won MVP awards for those seasons. There are seven active players with at least one MVP award in the NBA right now, and all seven play in the West. GREAT COACHES: San Antonio’s Gregg Popovich enters the season with 1,197 wins, fifth-most in NBA history — 13 behind Pat Riley and 24 behind Jerry Sloan. Meanwhile, Golden State’s Steve Kerr comes into the year with the highest winning percentages during both the regular season (265-63, .808) and the postseason (63-20, .759) in NBA history. Here’s how far ahead Kerr is on the NBA’s all-time regular season winning percentage list: If the Warriors go 24-58 this season, which seems less than likely, he would still be above Phil Jackson for the No. 1 spot. VERSUS EAST: The West beat the East for the ninth consecutive season in head-to-head matchups, winning nearly 53 percent of the cross-conference matchups in the regular season (and 100 percent of them in the NBA Finals). Over the last nine seasons, West teams have beaten East teams nearly 57 percent of the time......»»

Category: sportsSource:  abscbnRelated NewsOct 11th, 2018

PLDT Signs New Deal with Software Firm for IT Infra Upgrade

PLDT has expanded its partnership with international software company Amdocs for the modernization of its IT infrastructure as it focuses on providing digital services to its subscribers. The telco firm has signed a new agreement with Amdocs for the management and development of PLDT and Smart’s IT infrastructure for six years through the introduction of […].....»»

Category: newsSource:  metrocebuRelated NewsOct 1st, 2018

Japan firm signs with SpaceX for lunar missions

A Japanese start-up is to send spacecraft to the moon in a deal signed with Elon Musk’s SpaceX, the Tokyo-based firm said. Japan firm signs with SpaceX for lunar missions A Japanese start-up is to send spacecraft to the moon in a deal signed with Elon Musk's SpaceX, the Tokyo-based firm said Wednesday. Source link: Japan firm signs with SpaceX for lunar missions.....»»

Category: newsSource:  manilainformerRelated NewsSep 26th, 2018

PH, Israel s Ratio Petroleum to sign oil exploration deal - Palace

Jerusalem - The Philippines and Israel Israeli-owned company Ratio Petroleum are set to sign an oil exploration deal, Presidential Spokesperson Harry Roque said on Tuesday. Roque said the oil explo.....»»

Category: newsSource:  philippinetimesRelated NewsSep 5th, 2018

PHL hopes to sign Palawan oil exploration deal in Israel

THE Philippines expects to sign a Palawan oil exploration agreement with Israel’s Ratio Petroleum Energy Ltd during President Rodrigo R. Duterte’s visit, Malacañang said. The post PHL hopes to sign Palawan oil exploration deal in Israel appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 4th, 2018

Philippines to sign exploration deal with Israeli oil company

MANILA, Philippines – The Philippines will sign an oil exploration agreement with an Israeli oil company before President Rodrigo Duterte ends his 4-day Israel visit. Presidential Spokesman Harry Roque announced that on Tuesday, September 4, the government is expected to sign a deal with Ratio Petroleum Limited, allowing the company ........»»

Category: newsSource:  rapplerRelated NewsSep 4th, 2018

Bank of Cyprus sells to New York firm ‘biggest ever’ worth of bad loans: $3.1-B

Nicosia, Cyprus --- Cyprus' biggest lender, the Bank of Cyprus, says it had sold 2.7 billion euros ($3.1 billion) worth of bad loans to New York-based Apollo Global Management, the largest such deal in the east Mediterranean island-nation's history. Speaking to The Associated Press, CEO John Patrick Hourican called the sale "the biggest transaction in Cyprus" since Britain purchased the island from the Ottomans in 1878, "except this time Cypriots are the real winners." The sale --- equivalent to 15 percent of Cyprus' gross domestic product --- chops the bank's bad loan stock to 5.2 billion euros, down from 15 billion euros four years ago. Bank of Cyprus and other Cypriot lenders...Keep on reading: Bank of Cyprus sells to New York firm ‘biggest ever’ worth of bad loans: $3.1-B.....»»

Category: newsSource:  inquirerRelated NewsAug 28th, 2018

AC Energy signs deal to build solar power plants in Vietnam province

AC Energy, Inc. and its Vietnamese partner have signed an engineering, procurement, and construction (EPC) contract and a financing deal to develop of solar power plants in Vietnam’s Ninh Thuan province, its parent firm Ayala Corp. told the stock exchange on Monday. “We are excited to scale up our development initiatives in Vietnam. We expect […] The post AC Energy signs deal to build solar power plants in Vietnam province appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 13th, 2018

NOW signs asset use deal with TransCo

Listed NOW Corp. has taken another step in its planned bid to challenge the PLDT-Globe duopoly, inking a deal with National Transmission Corp. (TransCo) for the use of the latter’s assets. NOW and subsidiary NOW Telecom Co. have inked a memorandum of understanding (MoA) with the state-owned firm “to collaborate on the potential use of [...] The post NOW signs asset use deal with TransCo appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 14th, 2018

Netanyahu warns Merkel of new refugee crisis sparked by Iran

BERLIN: Israeli Prime Minister Benjamin Netanyahu warned German Chancellor Angela Merkel Monday that Iranian meddling in the Middle East could touch off massive new refugee flows to Europe, as they clashed about the future of the nuclear deal with Tehran. At the start of a three-day European tour dominated by strategic differences on Iran, Netanyahu [...] The post Netanyahu warns Merkel of new refugee crisis sparked by Iran appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 5th, 2018

Netanyahu warns Merkel of new refugee crisis sparked by Iran

BERLIN, Germany – Israeli Prime Minister Benjamin Netanyahu warned German Chancellor Angela Merkel Monday, June 4, that Iranian meddling in the Middle East could touch off massive new refugee flows to Europe, as they clashed about the future of the nuclear deal with Tehran . At the start of a 3-day European tour dominated by ........»»

Category: newsSource:  rapplerRelated NewsJun 5th, 2018

DBP signs P9.5-B loan deal for construction of Clark gov’t center

THE Development Bank of the Philippines (DBP) signed a P9.5- billion loan deal with the construction firm AlloyMTD Holdings Philippines, Inc. for the development of the National Government Administrative Center (NGAC) at the New Clark City (NCC). The P9.5-billion loan represents 75% of the P13-billion budget to build the first phase of the NGAC while […] The post DBP signs P9.5-B loan deal for construction of Clark gov’t center appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 8th, 2018