Uy-led Phoenix Petroleum Philippines Inc. has reinforced its partnership with various entities on its target to improve automotive servicing for a wider base of customers. The oil firm noted that Autoworx Plus MyCasa, which is its partner in automotive servicing, has recently signed a partnership...
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...
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 ...
An Intergovernmental Energy Board (IEB) Circular has been jointly inked by the Department of Energy (DOE) and the Ministry of Environment, Natural Resources, and Energy (MENRE) to kickstart investments in coal, and petroleum exploration and development in the Bangsamoro Autonomous Region in Muslim...
Phoenix Asphalt Philippines, Inc., a subsidiary of listed firm Phoenix Petroleum Philippines Inc., is introducing to market its new asphalt product to be used in airport runways. Phoenix Asphalt explained that its latest product called polymer modified bitumen (PMB) is a kind of bitumen with added...
(Unsplash) Instant noodles, liquefied petroleum gas (LPG), drinking water, and kerosene ought to be protected from unwarranted price hikes, especially during times of calamities. For this purpose, Bicol Saro Party-list Rep. Brian Raymund Yamsuan and Camarines Sur 2nd district Rep. LRay Villafuerte...
CAGAYAN DE ORO CITY – An oil and gas company has urged concerned government agencies to properly enforce Republic Act No. 11592, also known as the LPG Industry Regulation Act, to carve out illegal refilling activities in Mindanao. Evelyn Gerodias, Phoenix Petroleum Philippines Inc. general manager...
Households will have breather on their cooking fuel budgets this month as the price of liquefied petroleum gas (LPG) has been trimmed by P6.10 to P6.20 per kilogram or aggregate P67.10 to P68.20 for the standard 11-kilogram tank. The newly adjusted LPG prices effective June 1 will stay for the rest...
Motorists will feel the pinch on their wallets anew as fuel commodity prices take a reverse course for uptrends next week, based on calculation by oil companies. According to the industry players, diesel prices will have a relatively significant increase of P1.25 to P1.55 per liter, while gasoline...
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...
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...
