Financially beleaguered consumers can count on a slight relief on their pockets next week as another round of price rollback is anticipated at the domestic petroleum pumps, according to the oil companies. Based on the estimates of the industry players, the price of gasoline products will be trimmed...
LUCENA CITY, Quezon – An oil mill here was destroyed in a fire on Thursday, May 2. Lucena-Bureau of Fire Protection head Fire Supt. Rodel Nota reported that fire at the Holy Oil Mill started at around 4:25 a.m. The fire reached the fourth alarm, prompting firemen from Tayabas City, Sariaya,...
State-run Philippine National Oil Company (PNOC) has cemented a memorandum of understanding (MOU) with LBP Resources and Development Corporation (LBRDC), a subsidiary of Land Bank, for the rollout of solar rooftop installations at the latter’s economic zone domains. According to PNOC President...
Parcels declared as commodities from the United States of America and Canada were revealed to contain marijuana and cannabis oil with a combined worth of P3 million, the Bureau of Customs (BOC) reported Monday, April 29. An inspection by officials of BOC-Ninoy Aquino International Airport (NAIA) of...
Consumers’ pockets will experience slight reprieve this week, as oil prices will be on moderate rollback, according to the pricing advisories of the oil companies. The price of diesel products will be trimmed by P0.45 per liter; while gasoline prices will have marginal reduction of P0.25 per...
State-run Philippine National Oil Company (PNOC) has inked a preliminary deal with Singapore-based firm Moorfields Capital Pte Ltd for targeted deployment of aquavoltaic technology as one of the innovative solutions for the country’s energy future. The memorandum of understanding (MOU) was firmed...
There is a silver lining after all amid the country’s energy insecurity dilemma, as oil prices will be on moderate rollback next week - a financial respite badly needed as consumers’ temper flare on consistent threat of rotational power service interruptions. According to the industry players,...
Motorists using diesel products can have a smile on their faces when they fill up their tanks; while those with gasoline-fed vehicles will have nothing but frustration on their drive to the gasoline stations this week. Based on the pricing advisories of the oil companies, the price of diesel will...
As global oil prices softened in the last two trading days, the estimated rollback for diesel and kerosene prices have gone heftier to P1.00 per liter level, based on the calculation of the oil companies. According to the industry players, the price of diesel will likely be trimmed by P0.80 to...
Consumers filling up gasoline products in their vehicles will have dreaded stop at the oil pumps next week, as the price of this commodity is expected to increase; while diesel and kerosene prices will be on a more favorable track of rollback. Based on the mid-week estimates of the oil companies,...
There will be new wave of consumer frustrations at the domestic pumps this week because of the fresh wave of oil price hikes enforced by the oil companies across all fuel commodities. Based on the price adjustment advisories of the industry players, the price of diesel products will rise by P0.95...
The squeeze on consumers’ pockets will continue next week, as the oil companies are anticipating new round of increase in the prices of diesel and kerosene products. Based on the outcome of whole week trading in the regional market, the industry players estimated that the price of diesel products...
