Posts Tagged Oil

Oil price rollback looms this week

Aileen Cerrudo   •   September 30, 2019

Oil companies are set to have an oil price rollback this week. Phoenix Petroleum already implemented an oil price rollback on Sunday (September 29). Their gasoline price went down by...

Energy dept. assures PHL has enough oil supply after Saudi oil attacks

Robie de Guzman   •   September 18, 2019

MANILA, Philippines – The Department of Energy (DOE) assured that the country has enough oil supply for the coming weeks following the attacks in two large oil production facilities in...

DOE prepares for possible effects of Saudi oil site attack

Aileen Cerrudo   •   September 17, 2019

The Department of Energy (DOE) is preparing for the possible impact of the recent Saudi oil attacks on the Philippines’ oil sector. Based on the Facebook post on Monday (September...

Saudi Arabia is possibly able to stabilize int’l energy market – expert

Jeck Deocampo   •   September 16, 2019

Saudi Arabia is possibly able to stabilize the international energy market, said a Saudi analyst on Sunday in Riyadh, capital city of the country. Saudi Arabian oil facilities were attacked...

Oil price hike looms this week

Aileen Cerrudo   •   July 15, 2019

Oil prices are set to increase on Tuesday (July 16) due to a surge in the global fuel prices. Oil companies including Unioil, Seaoil, and Shell will increase prices in...

Oil companies to rollback petroleum prices Tuesday

admin   •   December 17, 2018

  MANILA, Philippines — Some oil companies will impose a price rollback on petroleum products. Price decline on Caltex and Phoenix Petroleum products will take effect on Monday (December 17) at...

Iraq seeks exemption from U.S. sanctions on Iran, PM says

admin   •   December 12, 2018

Iraq will send a delegation to the United States seeking an exemption from sanctions against Iran that would allow it to keep importing Iranian gas, Prime Minister Adel Abdul Mahdi said on Tuesday...

Oil prices seen to spike again next week

admin   •   September 28, 2018

  A price hike on petroleum products will likely strike again next week. There will be an estimated per liter increase of P 1.00 for  gasoline;P1.34 on diesel and P1.09...

Oil price hike on Labor Day, May 1

Marje Pelayo   •   April 30, 2018

Oil players set to announce another round of price increase on Labor Day, Tuesday, May 1. The price of gasoline is expected to increase by 70 centavos per liter while...

Oil price hike takes effect today

admin   •   April 17, 2018

MANILA, Philippines — Oil price hike on petrol products is now in effect. Effective 6 a.m. today, Flying V, Petron, Shell and SEAOIL increased their price of gasoline by 35...

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