More oil traders may see the Philippines as attractive if Petron’s Bataan refinery, the country’s once-largest and the last one standing, closes indeed, according to an oil executive. Raymond Zorrilla, Senior Vice
Pilipinas Shell Petroleum Corporation incurred a net loss of Php13.9 billion in the first nine months of the year, a reverse from the Php4.4 billion it earned in the same period last
Increasing oil imports resulting from Shell’s decision to close its Batangas refinery would make the Philippines vulnerable to global oil price swings and jacking up of inflation, global market research company Fitch
Shell Philippines Exploration B.V. (SPEX) is eyeing the sale of its 45% interest in the $4.5 billion Malampaya deep water gas-to-power project. In a report from Reuters, the company said the proposed
Six months into the COVID-19 pandemic, major energy players AC Energy and Pilipinas Shell Petroleum corporation look forward to emerge from economic effects of the crisis. Speaking at Standard Chartered’s “Philippines –
Pilipinas Shell Petroleum Corp. will allot P4 Billion yearly for the next three years for their retail network expansion, bitumen project and refinery optimization. This as Shell leverages on its other strengths
Pilipinas Shell Petroleum Corp recorded a 105 percent jump in its net profits in 2016, doubling their record from the previous year. In a disclosure to the Philippine Stock Exchange, Pilipinas Shell
Former executives of Pilipinas Shell Petroleum Corp. have filed a case against a former customs official and two others for perjury. Criminal complaints were filed against former Customs Commissioner Napoleon Morales, former
The Supreme Court has ruled in favor of Pilipinas Shell Petroleum Corp. filed by the Bureau of Customs (BOC) over the former’s failure to pay nearly P1 billion in duties and taxes
The Malampaya gas project is set to undergo a 20-day maintenance shutdown in early 2017 that may cause power rate hikes, the Department of Energy (DOE) said. DOE spokesman Felix William Fuentabella said Malampaya’s
