Paychecks of Filipino consumers will be squeezed further as fuel products start adjustments of P1.15 per liter for gasoline and P0.45 per liter for diesel, as announced by the oil companies. The price of kerosene, another commodity which is essential for household and relevant industries like...
The financial burden of consumers on their fuel needs will rise anew by significant amount this week, with gasoline prices increasing by P1.80 per liter, as announced by the oil companies. The price of diesel products will also be on uptrend to the tune of P1.50 per liter; while kerosene products...
‘Red flag’ is being raised anew by Senate Committee on Energy Chairman Sherwin T. Gatchalian on the financial capacity of cash-strapped Udenna Corporation to acquire the 45 percent stake of Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya gas-to-power venture. The...
The petroleum refining volume in the country significantly dropped by 66.5-percent in the first six months this year due to the shutdown last year of the Tabangao refinery of Pilipinas Shell Petroleum Corp., the Department of Energy reported. So far, the only remaining refinery in the country is...
With recovery in oil demand, the country’s total oil import bill in the first half this year significantly climbed by 55.9-percent to $4.795 billion from a leaner $3.075 billion in the same period in 2020. In a report released by the Department of Energy (DOE), it specified that one key factor...
As global prices lingered at multi-year highs, fuel prices at Philippine pumps will increase by P1.30 per liter for gasoline and P1.50 per liter for diesel, as announced by the oil companies. The prices of kerosene products will also have an upswing of P1.45 per liter in this week’s pricing...
Filipino motorists will bear the financial brunt of big-time price hikes for petroleum commodities this week as the retail costs of diesel and kerosene will go up by P2.05 per liter, as announced by the oil companies. Gasoline product prices, on the other hand, will also be higher by P1.45 per...
A design for Shell mobility stations worldwide A first in the Philippines and one of the first in the world, the “Site of the Future” recently launched by Pilipinas Shell Petroleum Corporation (PSPC) in Silang, Cavite is set to become a global blueprint for mobility stations focused on...
The Department of Energy (DoE) will be legally accountable if it will push through with the targeted ‘midnight deal’ for the license extension of the Malampaya gas field project, that in the process will primarily benefit Malampaya Energy XP Pte Ltd, a company of Davao businessman Dennis Uy. In...
NSAC’s 2021 theme ‘RestART’ aims to rebuild dreams through art First place winners from last year's NSAC Walang Choice Kundi Magdasal , by Rianne Abucejo, University of San Carlos, Digital Fine Arts Category; Foresight , by John Santos, Bulacan State University, Oil and Acrylic Category;...
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...