As the country strives to return to the post-pandemic new normal, smaller businesses have been experiencing unprecedented roadblocks that prevent their recovery and stability. Pilipinas Shell Petroleum Corporation’s second Future Festival gathered industry leaders to propose solutions to their...
Motorists filling up their vehicles with diesel products will be pained anew with cost spikes at the pumps this week as the cost of this commodity will rise by P3.10 per liter, based on the announcement of the oil companies. Gasoline products, on the other hand, will have leaner price hike of P0.80...
With anticipated robust uptake from renewable energy (RE) developers, US-headquartered Amber Kinetics will double its production of kinetic energy storage systems (KESS) or “flywheels” by the end of the year at the completion of its manufacturing facility expansion in Santo Tomas, Batangas. In...
Motorists who will be filling up their vehicles with diesel products, including those in the public transport sector, will have to bear higher costs this week as the price of this fuel commodity will rise by P4.30 per liter, according to the price adjustment advisories of the oil companies. In...
Pilipinas Shell Petroleum Corporation (PSPC) is aligning its targeted venture into electric vehicles (EVs) as part of an all-inclusive strategy to attain its mid-century ‘net zero’ goal to decarbonize its entire chain of operations. Randolph T. Del Valle, vice president for Mobility of PSPC,...
Consumers will brace for new round of financial torment this week as the price of diesel will rise by P6.55 per liter, while gasoline prices will go up by P2.70 per liter, according to notices sent by the industry players. For kerosene, which is a base product for aviation fuel and a critical...
Consumers can temporarily heave a sigh of relief this week as the price of diesel products will be on rollback by a significant P3.10 per liter while kerosene prices will also be trimmed by P2.10 per liter as announced by the oil companies. For gasoline products, the reduction had been at a very...
PSFI’s Access to Energy installed solar panels as sustainable sources of energy for off-grid communities in Palawan. From education to entrepreneurship For more than a century, Pilipinas Shell has been supporting the growth of local economies across the country by providing opportunities in...
Listed firm Pilipinas Shell Petroleum Corporation posted significant upturn in its net income in first quarter this year to P3.5 billion from a relatively lean P1.0 billion earnings in the same period last year. The rise in profit, according to the oil firm, had been mainly underpinned by uptick in...
After voting for their next leaders, Filipino consumers will have to face hefty price hikes of P4.20 per liter for gasoline and diesel products that will be reflected at the pumps on Tuesday, May 10. Kerosene, a base for aviation fuel, will also climb by P5.85 per liter which has been comparatively...
Listed firm Pilipinas Shell Petroleum Corporation will reposition project implementation and investments around its programmed P3 billion to P4 billion yearly capital expenditure (capex) rollout. Reynaldo P. Abilo, vice president for finance and chief risk officer of Pilipinas Shell, said “we are...
Filipino consumers will experience relief in their pockets this week as oil prices will be on rollback for the fourth time this year. For the major products retailed at the pumps, oil firms advised that the price of diesel and kerosene will be reduced by P1.15 per liter while the price of gasoline...
