Following its decisive and strategic comeback, Saudi Aramco, the world’s largest integrated energy and chemicals powerhouse, is set to roll out its premium fuel formulations into the Philippine market, signalling its renewed commitment to meeting the country’s growing demand for...
Saudi Arabia's Aramco, a global energy leader, is investing in Unioil Petroleum Philippines, Inc., bolstering the 58-year-old company's growth and solidifying its position as a leading fuel retailer. In a statement, Unioil confirmed that Aramco, which divested its stake in Petron Corp. nearly two...
After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector. According to a highly placed source, this will be through a prospective merger and acquisition (M&A) deal with one of the...
Budget-conscious families will gain slight flexibility in their budgets this month, as the price of liquefied petroleum gas (LPG) will be on moderate rollback of P1.09 to P1.15 per kilogram as advised by the industry players. Leading player Petron Corporation announced that the cost of its LPG...
The heat will be turned down on household budgets for their cooking fuel this month, as the price of liquefied petroleum gas will be reduced by P1.00 per kilogram (kg) or equivalent P11.00 for the standard 11-kilogram cylinder, as advised by the industry players. Petron implemented its reduced LPG...
Cooking fuel will come heavier on the budgets of households this week as the price of liquefied petroleum gas (LPG) will go up by P0.27 to P0.30 per kilogram (kg) for the month of March, as announced by the industry players. Leading player Petron Corporation, in particular, implemented LPG price...
Consumers will feel the heat of a budget swell on their cooking fuel this month as the price of liquefied petroleum gas (LPG) will rise by a hefty P6.64 to P6.65 per kilogram or P73.04 to P73.15 for the standard 11-kilogram cylinder. Leading industry player Petron Corporation advised of LPG price...
Households will have breather on their cooking fuel budgets this month as the price of liquefied petroleum gas (LPG) has been trimmed by P6.10 to P6.20 per kilogram or aggregate P67.10 to P68.20 for the standard 11-kilogram tank. The newly adjusted LPG prices effective June 1 will stay for the rest...
A pending legislative measure is seeking to refocus the investment mandate of state-run Philippine National Oil Company (PNOC) into exploration and production (E&P) ventures in the oil and gas sector, and for it to transform itself as a global champion in that industry similar to the...
