Filipino consumers will have to tighten their belts once again when it comes to their fuel budgets this week, as gasoline prices will increase by P0.90 per liter; while diesel prices will go up by P0.80 per liter. Kerosene, which is the other fuel commodity in the weekly adjustments, will also inch...
Filipino consumers are bracing for another week of added financial burden at petroleum pumps as the price of gasoline products will rise anew by P0.80 per liter; while diesel prices will go up by P0.65 per liter. Kerosene products, the base for aviaton fuel will also increase by P0.45 per liter,...
The financial misery of Filipino motorists will continue this week, as prices at petroleum pumps will rise anew due to soaring prices in the world market and the depreciating value of the Philippine peso against the US dollar. Based on cost adjustment advisories sent by the oil companies, the price...
President Duterte has aired "grave concern" over what he described as the "apparent effort" at the Senate to put in a bad light the recent developments involving the Malampaya Gas Field. President Rodrigo Duterte (Malacañang photo) "This casts undue, undeserved, and unwarranted aspersion on the...
Filipino consumers will have to bear higher costs for fuel commodities this week, as prices of gasoline and diesel products will be jacked up anew by P0.75 per liter. For kerosene products, the price hike will be P0.45 per liter, according to the price adjustment notices sent by oil companies. The...
Oil industry player Chevron Philippines Inc. has opened 15 new gasoline stations in the fourth quarter of 2021, a remarkable reinforcement on its retail network to serve more customers in various parts of the country. The company’s new retail stations had been sited in Guinangayan, Quezon; Pila,...
The continued rally in prices in the world market will result in greater financial difficulties to Filipino consumers as the price of diesel at the pumps will rise by P1.80 per liter while gasoline will climb by P0.90 per liter. Of the three commodities in the weekly price adjustments, kerosene, a...
Get one free when you buy a Suzuki Suzuki Philippines Inc. (SPH) recently commenced its partnership with one of the leading fuel brands in the country, Caltex, at the start of December 2021. Caltex is marketed and distributed by Chevron Philippines Inc. (Chevron), one of the world’s largest and...
Filipino motorists will gain massive financial relief this week as the price of gasoline will be on a hefty rollback of P2.40 per liter, while socially sensitive diesel products will be down by P2.65 per liter. With airline travels getting restricted again in many parts of the world because of the...
The Department of Energy (DOE) indicated that it will reply to and would tackle all allegations on the sale of Malampaya shares in a proper forum, including in a fair trial that may be carried out in judicial bodies. In its response to the issues thrown by the Integrated Bar of the Philippines...
The Integrated Bar of the Philippines (IBP) has asked the Department of Energy (DOE) to rescind the approval it granted to Udenna Corporation for the acquisition of the 45 percent shareholdings of Chevron Corporation in the multi-billion Malampaya deep water gas-to-power project. In a statement,...
Motorists using diesel fuel on their vehicles will experience significant financial relief this week as the price of this commodity had been rolled back by P1.20 per liter while gasoline price reduction was lower-than-expected at P0.85 per liter. The price of kerosene, which is a base fuel for the...
