Shell Pilipinas Corp. swung to a net loss of ₱2.7 billion in the first half of the year as global oil market volatility, inventory holding losses, and a depreciating peso squeezed operating margins. In a disclosure to the Philippine Stock Exchange on Monday, Aug. 17, the fuel distributor said...
Shell Pilipinas Corp. is launching a week-long nationwide discount program starting Friday, May 15, amid volatile global oil prices. In a statement, Shell Pilipinas said the initiative, which runs through May 21, provides tiered price reductions for both private vehicles and public utility drivers...
Shell Pilipinas Corp. plans to maintain its annual capital spending at roughly ₱2 billion to ₱3 billion through 2026, prioritizing the modernization of its import terminals and supply chain infrastructure to insulate operations from global market volatility. During the company’s annual...
Shell Pilipinas Corp. announced that it would be investing around ₱2 billion to ₱3 billion per year within the next two years to sustain investments at its import facility in Tabangao, Batangas City, as well as develop and upgrade its mobility unit. During the oil firm ’s annual...