Oil companies have advised of higher prices this week at the scale of P0.45 per liter for gasoline; and P0.35 per liter for diesel products as advised by the oil companies. Another commodity that will have a price hike of P0.65 per liter this week is kerosene, which is an essential fuel used in...
With COVID-19 pandemic in the world’s kernel, societies have been petrified – first by the health crisis and next, the ensuing economic shocks. Then comes a highly probable longer-term predicament - a vicious circle that will confront global population with more devastating impact, and that is...
Filipino motorists will need to stretch their fuel budgets anew as prices at petroleum pumps will rise this week by a scale of P0.60 per liter for gasoline; and P0.70 per liter for diesel. Kerosene, which is an essential commodity for households and key industries, will also go up by P0.85 per...
Beyond the provision of quality fuel products, Pilipinas Shell Petroleum Corporation is also extending value-added services to its customer-partners that include strengthening safety standards and measures on fleet deployments. Such sharing of safety standards was sounded off in the recently...
The recurring gas production restriction from the Malampaya field will de-rate anew the electricity generation of the 1,200-megawatt Ilijan gas-fired power facility in Batangas, one of the biggest power plants in the country. In an advisory sent by state-run National Power Corporation to plant...
Pilipinas Shell Petroleum Corporation was recently recognized by the Bureau of Customs (BOC) as one of the top taxpayers of the Manila International Container Port (MICP), the only energy company to receive such an honor for 2020. Shell’s prompt payment of taxes covering its importation of motor...
In economically distressing times, it’s the chief finance officers (CFOs) of corporates who will be doing the ‘heavy lifting’ in unlocking the value of their organizations so they could bounce back faster – especially in a cycle immensely disturbed by a pandemic; or even when an economic...
With the easing of quarantine protocols this week, Filipino motorists can benefit from the marginal rollback in pump prices implemented by the oil companies at the scale of P0.25 per liter for gasoline, and P0.10 per liter for kerosene products....
Major oil firm Pilipinas Shell Petroleum Corporation (PSPC) is looking forward to a rebound in its sales volume next year and go back to profitability as it anticipates the easing of the coronavirus pandemic. “We hope that our fuels volume will go back to pre-Covid levels sometime in 2022,”...
With prospects of economic rebound in the immediate term that will then shore up demand for fuel commodities in the domestic market, listed firm Pilipinas Shell Petroleum Corporation (PSPC) will be rolling out investments of P15 billion to P20 billion to underpin its growth strategy in the next...
Gasoline prices at petroleum pumps will increase by P0.65 per liter this week; while diesel and kerosene prices will marginally go up by P0.05 per liter, based on the pricing notices sent by the oil companies. But for industry player Cleanfuel, the upward adjustment it implemented this week was...
Amid new fears of demand slump for oil commodities, prices of gasoline products at Philippine pumps will be on P1.20 per liter rollback this week; while diesel prices will be reduced by P1.30 per liter. The country’s oil companies also announced price cuts of P1.40 per liter for kerosene...
