Oil companies will implement another round of massive price hikes with gasoline prices anticipated to rise P1.60 to P2.00 per liter. Diesel users will also brace for a fresh increase of P1.15 to P1.45 per liter while kerosene prices will have a heftier upswing of P2.00 to P2.40 per liter. The...
CALAPAN CITY, Oriental Mindoro – Gov. Humerlito A. Dolor has ordered the insurance firm of the sunken oil tanker MT Princess Empress to start the distribution of payment to damage claimants on or before September 30 this year. ORIENTAL Mindoro Gov. Bonz Dolor (left) signs an...
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...
Philippine upstream company PXP Energy Corporation is now coming to terms with the idea that the resumption of exploration at the Recto Bank prospect will rely on the political decision of the national government (NG), primarily considering the diplomatic alliances of the administration with global...
Major oil firm Petron Corporation reported a 20 percent decline in net income in the first half of this year to P6.14 billion from a more robust profit level of P7.7 billion in the same period last year. Despite the rebound in economic activities post-pandemic, the oil firm emphasized that both its...
It will be a financially-punishing drive at the petroleum stations, as the price of diesel will rise by as much as P3.50 per liter, while gasoline prices will climb by P2.10 per liter, effective Tuesday, August 1, according to the price adjustment advisories of the oil companies. Additionally, the...
Big-time price hikes at the pumps will have heavy blow on consumers’ pockets next week, with the price of diesel products are anticipated to rise by as much as P3.20 to P3.50 per liter, based on the calculation of the oil companies. Industry players similarly estimated P1.85 to P2.15 per liter...
Gasoline users will have heavier financial burden at the petroleum pumps this week as the price of this commodity will rise by P1.35 per liter, according to the pricing adjustment advisories of the oil companies. Diesel, on the other, will have a leaner price hike of P0.45 per liter, while kerosene...
Motorists using gasoline gasoline fuel will need to beef up their budget as the price of this commodity is expected to rise by P1.35 to P1.65 per liter, based on the calculation by oil companies. For diesel products, the estimated price hike will be leaner at P0.30 to P0.60 per liter, while ...
Big-time oil price hike across products await motorists next week, based on advisories by oil companies. Based on the calculation of the industry players, the price of gasoline will rise by as much as P1.90 to P2.30 per liter; while diesel prices will also climb by P1.95 to P2.35 per liter. For...
Clean-up operations were being conducted in the vicinity waters of San Ricardo, Southern Leyte after an oil spill was spotted there, the Philippine Coast Guard (PCG) reported on Monday, July 10. *(Photo: Philippine Coast Guard) * The oil spill was sighted at the port in Barangay Benit, San Ricardo...
TACLOBAN CITY – The Philippine Coast Guard is investigating two vessels to determine the cause of an oil spill in San Ricardo, Southern Leyte last week. Coast Guard Southern Leyte Station commander Lt. Commander Donna Liza Duran disclosed that they took samples from the oil that spilled into the...
