Diesel prices could increase by as much as PHP 5.77 per liter this week, while kerosene may see a hike of up to PHP 8.10 per liter, based on the latest fuel...
Top Line Business Development Corp. said its planned Cebu fuel depot expansion and related infrastructure improvements could cost up to PHP 1 billion as the company moves to strengthen fuel storage capacity...
The Department of Energy (DOE) said it has not found definitive proof of cartelization in the local oil industry, but flagged possible anti-competitive behavior and irregularities such as fuel smuggling and reporting...
Petron Corporation has successfully raised PHP 32 billion through the issuance of fixed-rate bonds listed on the Philippine Dealing and Exchange Corporation (PDEx) on July 7. The offering marks the final tranche...
The Supreme Court (SC) has ruled that the Department of Energy (DOE) has the power to seize control over operations in the oil industry, under the president’s directive, should an emergency happen. ...
