Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...
Consumers will need to allot more cash for their fuel budgets this week, as the price of gasoline products will rise again by P0.60 per liter this week; while diesel will increase slightly by P0.10 per liter. The oil companies advised though that the price of kerosene will be on a marginal rollback...
It’s a bit of mid-year sting on consumers’ pockets; as gasoline prices will rise by a hefty P1.00 per liter this week; while diesel prices will have upward adjustment of P0.65 per liter. Another fuel commodity kerosene will also have higher prices this week by a scale of P0.70 per liter, as...
With continued rally in prices in the world market, Filipino consumers will need to cough up heftier budgets this week for their fuel usage, as the price of gasoline will increase by P0.75 per liter; and diesel by P0.70 per liter. The other commodity that will have higher price this week is...
Filipino motorists will need to cough up higher budgets for their fuel consumption this week, as the price of gasoline had gone up by P0.50 per liter; and diesel by P0.40 per liter, according to the pricing advisories sent by the oil companies. The oil industry players have similarly adjusted...
The relentless rise in fuel prices will continue this week for all fuel products, including that of liquefied petroleum gas (LPG), which is the preferred commodity by most Filipino households for cooking. As advised by the oil companies, gasoline prices will increase by P1.00 per liter in this...
A pending legislative measure is seeking to refocus the investment mandate of state-run Philippine National Oil Company (PNOC) into exploration and production (E&P) ventures in the oil and gas sector, and for it to transform itself as a global champion in that industry similar to the...
Thai oil firm subsidiary PTT Philippines is scheduled to receive its ISO 9001:2015 certification that shall be accorded to it by Bureau Veritas (BV), one of the world’s leading certifying organizations. The company clinched the recommendation for its ISO certification after passing the audit,...