Local fuel prices see a continuous downtrend as the Organization of Petroleum Exporting Countries (OPEC) and its allies decided to make no further output cuts. ..
Tag Archives: OPEC
With the Russia-Ukraine conflict in its second month, Petron – the Philippines’ largest oil firm – said that its oil supply remains stable, at least..
Petron Corporation, the country’s largest oil firm, registered a net income of Php6.14 billion in 2021, a reversal from the Php11.4 billion net loss in..
The Department of Energy (DOE) has asked Congress to amend Republic Act 8479, better known as the Oil Deregulation Law, in the wake of rising..
The Department of Energy (DOE) has urged oil firms to make sure the country has enough fuel supply given that the Organization of the Petroleum..
The Organization of the Petroleum Exporting Countries (OPEC), including other oil-producing countries, has agreed to reduce the production of nearly 10 million barrels, aiming to..
The Organization of the Petroleum Exporting Countries (OPEC) is eyeing a global consensus in cutting oil productions, the group’s chief said on Tuesday. “In order..
