Tag page - oil stockpile

State-run Philippine National Oil Company (PNOC) is weighing the proposal of at least three investors that have been eyeing to put up an oil refinery at its property in Bataan, so it can augment the country’s fuel requirements. “We have proponents - there are investors talking to us about our...

Motorists filling up their vehicles with diesel products will have another week of agonizing trip to the petroleum pumps as the price of this commodity will rise by hefty P3.60 to P3.90 per liter. For households and key industries like aviation, the cost burden will also come heavy because the cost...

The Department of Energy (DOE) has inked a deal with the Japan Oil, Gas and Metals National Corporation (JOGMEC) for a targeted updating of a feasibility study for the Philippines’ plan to venture into oil stockpiling. The memorandum of agreement (MOA) sealed by the parties had been intended for...