Cebu-based Top Line Business Development Corp. (Topline) is pursuing robust expansion on its core business in the fuel industry, primarily to meet the growing needs of retail as well as commercial end-users in its main market in the Visayas. According to Topline Chairman Erik Lim, who is also the...
State-run firms Philippine National Oil Company (PNOC) and the National Power Corporation (NPC) have inked a memorandum of understanding (MOU) that will cement their collaboration on setting up a pilot project for the rollout of hybrid systems leaning on solar and wind farms in energizing off-grid...
The Department of Energy (DOE) has instructed players in the deregulated downstream oil industry to assess the quality of their fuel products before these are retailed to customers – primarily if there had been infiltration of floodwaters in their underground storage facilities or if some...
There is a rainbow after the rain for consumers -- and that will be coming at the gas pumps as the oil companies calculated likely price rollback across products next week. Based on the outcome of three-day trading in the regional market, the estimated price cut for gasoline products would hover at...
President Marcos has tasked government agencies to assess the oil spill impact from a sunken motor tanker off the coast of Limay, Bataan on Thursday, July 25. MT Terra Nova (Photo courtesy of Philipine Coast Guard) During a situation briefing on Thursday morning, Marcos particularly ordered...
Consumers will experience a mixed bag of adjustments at the pumps this week, as the price of diesel products will moderately roll back to P0.40 per liter, while gasoline prices will rise marginally to P0.10 per liter. For kerosene, it will also be in a favorable swing as the price of this commodity...
Pangilinan-led PXP Energy Corporation has formally secured the approval of the Department of Energy (DOE) for the relinquishment of its interest in a petroleum block in the Northwest Palawan basin that was previously awarded under Service Contract (SC) 74. “The DOE has approved the surrender of...
Motorists filling up their vehicles with diesel will be in a better place in their drive to the gas stations next week, as the price of this product is anticipated to be on a rollback of P0.25 to P0.55 per liter, based on the estimates of the industry players. The other fuel product that will have...
At least two port facilities that will support the development of offshore wind projects in the country are being proposed for inclusion in the General Appropriations Act (GAA) or the country’s national budget for next year. According to Energy Undersecretary Rowena Cristina L. Guevara, priority...
As the lingering warmth of summer gradually fades away, there's no better time to gather around the table and savor the comforting flavors of classic family recipes. From the kitchens of celebrity home cooks Richard Gomez and Marjorie Barretto, here are some delightful recipes—all made with Doña...
By MYRNA M. VELASCO Consumers can enjoy temporary relief in their pockets this week as the price of petroleum products will be on downtrend due to softening of prices in the world market. As announced by the oil firms, the price of diesel products will be on P0.95 per rollback; while gasoline...
BY MYRNA VELASCO Consumers can finally pull collective sigh of relief as pump prices are expected to be on significant rollback across products, based on the calculation of the oil companies. If reckoned on the four-day outcome of trading in the regional market, the estimated price cuts would be...
