Palace orders PNOC revamp


State-run Philippine National Oil Co. and its oil and gas subsidiary PNOC Exploration Corp. will have a leadership revamp next week, industry officials confirmed Thursday. Industry sources said former PNOC president Pedro Aquino Jr. was appointed by Malacañang as president of PNOC Exploration. Aquino’s appointment is expected to be announced during PNOC Exploration’s stockholders meeting […]