By MYRNA M. VELASCO Consumers can enjoy temporary relief in their pockets this week as the price of petroleum products will be on downtrend due to softening of prices in the world market. As announced by the oil firms, the price of diesel products will be on P0.95 per rollback; while gasoline...
The Senate Committee on Energy is requiring the Department of Energy (DOE) to legally justify the approval it bestowed on the transfer of the unloaded 45-percent shareholdings of Chevron Corporation in the Malampaya gas field venture to buyer Udenna Corporation. In a statement to the media, Senator...
Year-ender Today, I give you pain. Tomorrow, who knows? For industry players in the energy sector, that’s their tale of woe this year given decimated top and bottom lines with demand crash on energy commodities. Onward, uncertainties hold sway. At the height of the lockdown period in March-May,...