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...
Consumers will need to shell out heftier budgets again this week if they will fill up their vehicles as the price of diesel will be increased by P4.10 per liter; while gasoline prices will rise by P3.00 per liter, effective Tuesday, April 26. Industry players similarly advised that the price of...
Listed firm Pilipinas Shell Petroleum Corporation will be setting up its third largest import facility in Sta Cruz, Davao which will have a rated capacity of 67 million liters and will be due for commercial operations in the next two years. The Darong import facility in Sta. Cruz is a joint venture...
The Bases Conversion and Development Authority (BCDA) and Pilipinas Shell Petroleum Corp. (PSPC) have renewed their partnership for the energy company’s use of a property along Circumferential Road 5 (C-5 Road) in Taguig City as a full-service mobility station. BCDA Officer-in-Charge President...
