NDO 0.56% 90.0¢ nido education limited

MANILA, June 10 (Reuters) - The Philippines, which is trying to...

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    MANILA, June 10 (Reuters) - The Philippines, which is trying to cut dependence on imported oil, said on Tuesday that its 17,500 barrel-per-day (bdp) Galoc oilfield will come onstream next week with output aimed at local refineries.

    "We are pleased to announce that the development of Galoc oil field is completed and that the first flow of oil is estimated to be commencing June 16, 2008," Energy Secretary Angelo Reyes told reporters.

 
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