A MEMORANDUM of understanding (MoU) was signed last Aug. 20, 2024 between the Philippine National Oil Co. (PNOC), the University of Asia and the Pacific Foundation Inc. (UA&P), and the Center for Research and Communication Foundation Inc. (CRC). The MoU aimed to formalize and strengthen the close collaboration between PNOC, UA&P and CRC in the areas of manpower training and research that would further promote investments in the fields of renewable energy and social enterprises.
The PNOC was a government-owned and controlled corporation that sought to develop and implement projects in a financially prudent and responsible manner. PNOC had the aim of increasing the country's self-sufficiency level in oil, gas and other energy sources; fostering sustainable and environment-friendly sources of energy; promoting energy efficiency and conservation; and maintaining the highest standards of service and corporate governance.
From left are Philippine National Oil Co. (PNOC) Corporate Secretary Joel Arzaga, PNOC President and Chief Executive Officer Oliver Butalid, University of Asia and the Pacific Foundation Inc. (UA&P) President Winston Padojinog, Center for Research and Communication Foundation Inc. Vice President Bernardo Villegas, and UA&P Vice President for Business Development and Alumni Affairs Robert Roque. CONTRIBUTED PHOTO
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