Publicly listed firm Phoenix Petroleum Philippines Inc. has completed around P4.0 billion refinancing activity before the end of this year as part of its financial management program. The firm disclosed to the Philippine Stock Exchange (PSE) that it first settled P3.0 billion in short term...
Token rollback in pump prices will give consumers slight savings this week, as the cost of diesel products will be reduced by P0.05 per liter; while kerosene will have a heftier cut of P0.25 per liter. The oil companies advised that there will be no price movement in gasoline products this week,...
Just several days before Christmas and Filipino consumers will still need to fork out more cash for their fuel expenses this week as diesel prices will be up by P0.85 per liter; and diesel by P0.75 per liter. The oil firms also sent notices that the price of kerosene will go higher by P0.80 per...
The board of directors of Phoenix Petroleum Philippines Inc. has approved the settlement of the P3.0 billion commercial papers that the firm issued on December 5 last year. The Uy-led company apprised the Philippine Stock Exchange (PSE) that the CP issuance had a tenor of 360 days, hence, its...
Motorists using diesel in their vehicles will be shelling out additional P0.60 per liter; and P0.50 per liter for gasoline, based on the upward adjustments implemented by the oil companies this week. For kerosene, the industry players also sent pricing advisory notices that this fuel commodity will...
As Christmas shopping rush escalates, Filipino motorists will also need to shore up their expenses for fuel as diesel prices will go up by P0.40 per liter this week; and gasoline prices will increase by P0.25 per liter. Kerosene, which is the other commodity in the triumvirate of weekly cost...
Uy-led Phoenix Petroleum Philippines Inc. has approved and crossed at the Philippine Stock Exchange (PSE) on Tuesday (December 1) the sale of 31 million of its treasury common shares. The oil firm said the treasury shares had been traded at the local bourse at the market price of P12.50 per share....
Motorists using gasoline on their vehicles will need to shell out more cash this week, as the price of that commodity will go up by P1.15 per liter, based on the pricing adjustment advisory of the oil companies. For kerosene and diesel products, the price of these fuel commodities will also...
The advent of bad news seems endless for Filipino motorists, as diesel prices will increase again by P0.50 per liter this week, according to the industry players. For kerosene, a commodity on which people barreled by the typhoon could partly lean on while waiting for their electricity services to...
Consumers’ pockets will be ripped off this week with the massive increases in pump prices at the scale of P1.50 to P1.55 per liter for diesel products; and P1.05 to P1.10 per liter for gasoline products. The oil companies also enforced P1.30 per liter hike in the price of kerosene products, an...
With additional valuation-anchored inventory losses and one-off charges booked, the net loss of listed firm Pilipinas Shell Petroleum Corporation (PSPC) had widened to P13.9 billion in nine months this year. That’s a complete reversal of the P4.4 billion net income it posted last year, when oil...
Amazing cooking skills, superb food, and great singing voices—these and more await viewers of the highly anticipated telecast of the ABS-CBN Foundation and Phoenix SUPER LPG’s Kalderoke: The Singing and Cooking Showdown. Hosted by comedian Wacky Kiray and the “Crystal Voice of Asia” singer...
