Pilipinas Shell Petroleum Corporation has launched its Tuloy Ang Pasko campaign to provide encouragement though the holidays, and to remind Filipinos that despite life's many challenges, the hope and optimism inherent to Philippine culture still shine during the pandemic. “In this campaign,...
Filipino motorists will have to brace for significant cost burden in their fuel budgets this week as the price of gasoline will rise by P1.60 per liter while diesel prices will likewise climb by P1.35 per liter. The oil companies similarly stated that kerosene prices will go up by P1.20 per liter,...
Filipino motorists will gain massive financial relief this week as the price of gasoline will be on a hefty rollback of P2.40 per liter, while socially sensitive diesel products will be down by P2.65 per liter. With airline travels getting restricted again in many parts of the world because of the...
After 107 years in the country, Shell Philippines has tapped Lorelie Quiambao Osial, 46, to be its first lady president and chief executive officer (CEO) starting Dec. 1, 2021. This is a watershed event in one of the country’s top five corporations that is also regarded as one of the most...
The Department of Energy (DOE) indicated that it will reply to and would tackle all allegations on the sale of Malampaya shares in a proper forum, including in a fair trial that may be carried out in judicial bodies. In its response to the issues thrown by the Integrated Bar of the Philippines...
Pilipinas Shell Petroleum Corporation has launched a collaboration with Mazda Philippines to offset CO 2 emissions, making Mazda the first in the car dealership industry to drive carbon neutrality in the Philippines. “We are happy that as we take part in the Voluntary Carbon Offset programme,...
The Integrated Bar of the Philippines (IBP) has asked the Department of Energy (DOE) to rescind the approval it granted to Udenna Corporation for the acquisition of the 45 percent shareholdings of Chevron Corporation in the multi-billion Malampaya deep water gas-to-power project. In a statement,...
The operator of the Malampaya gas field is scheduling at least four "production holds" or gas restriction occurrences next year, according to the Department of Energy. “Based on the submitted document from SPEX (Shell Philippines Exploration B.V.), there will be four scheduled ‘production...
Motorists using diesel fuel on their vehicles will experience significant financial relief this week as the price of this commodity had been rolled back by P1.20 per liter while gasoline price reduction was lower-than-expected at P0.85 per liter. The price of kerosene, which is a base fuel for the...
Surigao del Sur Rep. Johnny Pimentel has called for the Department of Energy (DOE) to assure the “seamless transfer” of Malampaya’s day-to-day gas business amid calls for a probe of Shell Petroleum B.V.’s $460 million operator switch to Udenna Corp. “We are counting on a smooth handover...
The Udenna Corporation of Davao businessman Dennis A. Uy strongly denied accusations that the company took out cash from the Malampaya revenues, which in turn, was allegedly used to pay for its acquisition of the 45 percent shareholdings of US firm Chevron Corporation in the Philippine gas field...
Oil firms asked to explain lower-than-calculated gasoline rollback Myrna M. Velasco The Department of Energy (DOE) is seeking explanation from the oil companies why they have just implemented P0.90 per liter rollback in gasoline prices, which is lower than the calculated P1.10 to P1.20 per liter...
