Leading oil firm Petron Corporation reported that its consolidated net income in the first quarter this year slightly dropped to P3.4 billion versus last year’s more upbeat bottom line of P3.6 billion due to higher financing cost. “The increase in financing cost was partly tempered by the...
Cavite 4th district Rep. Elpidio Barzaga Jr. (Mark Balmores/ MANILA BULLETIN) Government officials ought to set an example to the public to prove that it's already safe to eat fish that was caught in the Mimaropa region, which was affected by MT Princess Empress oil spill. Cavite 4th district Rep....
Big relief awaits consumers this week as the price of major petroleum products will be trimmed by significant amounts, based on the pricing adjustment advisories of the oil companies. For diesel products, the price decrease will be at heftier scale of P2.70 per liter; while gasoline prices will be...
Motorists are in for significant financial relief with oil prices on on big time rollback next week due to the downtrend of prices in the world market, according to industry players. Based on estimates, gasoline prices will be trimmed by P2.10 to P2.40 per liter; while diesel prices will have...
Authorities are optimistic that the on-going clean-up operations in areas affected by the massive oil spill in Oriental Mindoro will yield more positive results as 85.41 percent of shoreline in Pola town was already cleared, the Philippine Coast Guard (PCG) said Friday, May 5. (Photo: PCG) Based on...
More than two months since motor tanker (MT) Princess Empress sank and triggered a massive oil spill in Oriental Mindoro, loads of spilt oil are still being collected by response teams as leak continues from the sunken vessel. (Photo courtesy of PCG) The Philippine Coast Guard (PCG) reported that...
Motorists can rest easy this week, as the price of gasoline products will be on rollback by P1.50 per liter, while diesel prices will also go down by P1.30 per liter, based on the announcement by oil companies. Industry players also sent notices for a price cut of P1.40 per liter for kerosene, an...
Motorists will have another week of reprieve at the gas pumps as oil prices will be on hefty rollback by Tuesday, May 2, based on the calculation of the oil companies. According to industry players, the price of gasoline products will be trimmed by P1.50 to P1.90 per liter; while diesel will be down...
The Philippine Coast Guard (PCG) reported on Friday, April 28, that around 8.2 kilometers of shoreline in two towns in Oriental Mindoro remain contaminated due to the oil spill caused by the sinking of motor tanker (MT) Princess Empress two months ago. (Courtesy of PCG) The PCG incident management...
The Bureau of Fisheries and Aquatic Resources (BFAR) has recommended keeping the fishing ban imposed in Oriental Mindoro areas affected by the oil spill caused by the sinking of Motor Tanker (MT) Princess Empress. In BFAR's Oil Spill Bulletin No. 3 released Wednesday, April 27, the bureau cited...
Idemitsu Lubricants Philippines, Inc., a subsidiary of Idemitsu Kosan Co., has launched a new series of engine oils, namely the Idemitsu Four-wheelers’ Gasoline (IFG), Idemitsu Four-wheelers’ Dual (IFD) and Idemitsu Riders’ Gasoline (IRG) series for cars and motorcycles during the Manila...
Vice President and Education Secretary Sara Duterte gave a piece of advice for school children who have classmates who are unable to read. Vice President Sara Duterte interacts with grade school students of Tagumpay Elementary School during her visit in Pola, Oriental Mindoro on Tuesday, April 25....
