Senator Sherwin Gatchalian has raised alarm over the possibility that the government is entering into a midnight deal to extend the service contract of the Malampaya project with the gas field operator Shell Philippines Exploration B.V. (SPEX) by finalizing the transfer of its participating...
Filipino motorists will need to cough up higher budgets in filling up their vehicles this week as prices of diesel will rise by P0.90 per liter and gasoline by P0.55 per liter. The price of kerosene product, a commodity that is essential for households and also a base for aviation fuel, will be...
For the third time this month, Filipino consumers will need to cough up heftier amounts when they fill-up their vehicles at petroleum pumps as prices start to go up starting today, Sept. 20. oil pumps photo Gasoline and diesel prices are being adjusted by P0.80 per liter. The price of kerosene...
Filipino motorists will have added burden in their fuel budgets this week as oil companies announced P0.40 per liter hike on pump prices of their gasoline products; while diesel prices will rise by P0.35 per liter. oil pumps photo The oil firms similarly indicated that the price of kerosene...
Chevron Philippines, which carries the ‘Caltex’ brand of petroleum products, has expanded its retail network and has also reinforced its vehicle auto repair shops and lube bays in various parts of the country. caltex station photo In a statement to the media, the oil company said it brought to...
Motorists filling up their vehicles with diesel products will feel the brunt of pump cost adjustments to a greater degree this week, as the price of this commodity will rise by P0.95 per liter, according to the price adjustment notices sent by the oil companies. oil pumps photo The price of...
On this last price adjustment for August, Filipino consumers will need to cough up more on their fuel budgets as petroleum product costs will increase starting Tuesday, August 31, as advised by oil companies. 29370 The price of gasoline products will increase by P0.40 per liter; diesel by P0.60 per...
The price of gasoline products in the country had been reduced by P0.80 per liter, lower than what was anticipated at over P1.00 per liter because of the last batch of cost recovery on higher ethanol prices, according to the industry players. The oil companies similarly trimmed the pump prices of...
Consumers can benefit from slight reduction in pump prices this week, with diesel prices getting trimmed by P0.30 per liter; and kerosene had been down by P0.40 per liter. 26574 There was also expectation of at least P0.20 to P0.25 per liter rollback in gasoline prices, but that was wiped out by...
Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...
The long-awaited rollback in pump prices will finally provide financial relief to Filipino motorists this week, as gasoline prices will be reduced by P0.75 per liter; and diesel products will be lower by P0.60 per liter. For kerosene product, which is used by households and key industries, this...
Filipino motorists will suffer another round of price hikes on their fuel consumption this week -- and this is already the third batch of increases for this month. 20369 As announced by the oil companies, gasoline prices will be up slightly by P0.10 per liter; while diesel and kerosene prices will...