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...
The proposed 3.0 million tons per annum (mtpa) liquefied natural gas (LNG) import terminal of Shell Energy Philippines is targeting to supply the gas requirements of two power plants in Central Luzon; as well as a major petrochemical facility in the country. According to Energy Secretary Alfonso G....
Listed firm Pilipinas Shell Petroleum Corporation suffered a humongous net loss of P16.2 billion last year, a complete reversal from its P5.6 billion net income logged in 2019. The oil company qualified though that 73 percent or P12 billion of its losses last year had been mainly traced to one-off...
The Department of Energy (DOE) has issued another notice-to-proceed (NTP) for a liquefied natural gas (LNG) import facility project – this time for Shell Energy Philippines. According to the project proponent-firm, the Philippines “is an important country for Shell and is keen to continue...
