The country’s net oil imports drastically increased by 87.9% to $11.15 billion in 2021 from $5.93 billion in 2020, slightly beating that of pre-pandemic levels, based on data from the Department of...
Oil refinery production in the country fell by 66.9% to 1,284 million liters (ML) in the first half of this year from 3,878 ML in the same period last year, based on...
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil...
Pilipinas Shell Petroleum Corporation (PSPC) has inaugurated its world-class import terminal in Tabangao, Batangas City, the site of its former refinery, enhancing its capacity to meet fuel demand not just in Metro...
The refinery shutdowns of Petron and Shell led the country’s oil refining output to drop by 41.8% to 5,504 million liters (ML) in 2020 from 9,460 ML in 2019, according to the...
Pilipinas Shell Petroleum Corporation (PSPC) eyes to grow its strategic priorities with up to Php20 billion worth of investments in the next five years, to prepare for increasing demand in the domestic...
Pilipinas Shell Petroleum Corporation (PSPC) has begun operating its solar farm in its former oil refinery in Tabangao, Batangas City and is now supplying power to the complex, which has been converted...
Around 200 employees of Pilipinas Shell Petroleum Corporation were affected following the closure of the company’s refinery in Tabangao, Batangas City last year. At a hearing of the House Committee on Energy...
The Bureau of Customs (BOC) increased its revenue collection from petroleum products in November 2020 by 54.1% to P12.8 billion compared to Php8.33 billion in the same period last year due to...
Following the closure of Pilipinas Shell’s oil refinery last August and the impending shutdown of Petron’s facility in January, Surigao Del Sur Rep. Johnny Pimentel wants the House Committee on Energy to...
