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Energy dep’t sees P15B in investments in bioethanol plants

The Department of Energy expects P15 billion in fresh investments in the local ethanol industry following the issuance of guidelines setting reference prices and an assurance that all local production...

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Jeepney drivers with fuel smart cards to each get another P2k subsidy

Jeepney drivers who have already claimed their fuel smart cards under the P450-million Public Transport Assistance Program, or Pantawid Pasada, will each get an additional P2,000 subsidy to cushion the...

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Fuel, agri imports in second monthly decline

The Philippines imported more petroleum, wheat and tobacco products amid the second straight monthly slowdown in imports in November 2011, according to the National Economic and Development Authority...

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Again, oil firms up prices

Oil companies raised fuel prices anew Wednesday to reflect the continued uptrend of oil prices in the global market last week.

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Shell introduces new generation of premium fuels

Oil giant Shell will replace its Shell V-Power and Shell Super Premium fuels with a new generation of premium fuels namely: Shell V-Power Nitro+Gasoline, Shell V-Power Nitro+Racing and Shell V-Power...

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DoE requires accreditation of coal traders

Coal traders, suppliers and end users have been mandated by the Department of Energy (DoE) to have themselves accredited yearly, as the government moves to curb substantial losses in government...

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Oil firms cut petrol prices anew

For the ninth consecutive week, local oil companies are cutting prices of petroleum products effective Saturday as a result of the continued drop of oil prices in the international market.

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Shell to invest P6.5B for refinery

Pilipinas Shell Petroleum Corp. is investing about $150 million (roughly P6.45 billion) to upgrade its refinery in Tabangao, Batangas, which will not only result in more efficient operations for the...

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Running on empty (VAT on fuel)

Being a son carries some important duties. After my eldest brother and father’s passing, I became the eldest child and the eldest son among four siblings, and such an important familial “position”...

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Euro IV-compliant diesel now at Unioil pumps

I’m a car enthusiast first before a motoring journalist. I love driving almost all types of cars: supercars, subcompact hatchbacks, executive sedans and even big lumbering SUVs. But I recognize that...

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PSALM seeks bidders for P15-B fuel supply contracts

State-run Power Sector Assets and Liabilities Management Corp. is seeking offers for the supply and delivery of P15 billion worth of industrial fuel oil to serve the requirements of four critical power...

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Seaoil earmarks P1.1B for expansion in ’13

Seaoil Philippines, an independent fuel retailer, is spending another P1.1 billion this year to further expand its retail network. The goal is to reach a total count of 400 stations by the end of 2013.

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Korean company plans power plant in Iloilo

A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.

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Meet Solane, the former Shellane

With a new name that is still unfamiliar even to its old customers, Solane is counting on enhanced client service to reestablish itself in the liquefied petroleum gas (LPG) market, even increase its...

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DOE set to issue order requiring 10% ethanol fuel blend

The Department of Energy is set to issue a circular that will require the blending of 10-percent ethanol in all gasoline products.

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Oil firms jack up pump prices a day after polls

Oil companies raised prices effective 6 a.m. Tuesday, a day after the conduct of midterm elections, "to reflect price movements" in the international market.

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Blazing the road with Petron Blaze 100 Euro IV

As a journalist, I often travel around the world. But I always take the time to look around the local shops and markets. Oftentimes, we find products that look similar to brand-name items but at a...

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What they say about Petron’s Blaze 100 Euro IV fuel

Roberto Coyiuto III, PGA Cars Inc. executive director: We haven’t seen any noticeable difference between the old Petron Blaze formulation and the new Euro IV-compliant variant. Which is a good thing...

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Fuel pump prices seen to rise further but at slower pace

Fuel prices are expected to continue rising this week although at a slower pace given the substantial increases recently, industry sources said.

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Fuel prices rise on fears over Syria

Oil firms raised pump prices for gasoline, diesel and kerosene Tuesday as market jitters drove up fuel prices across the globe. Petron, the No. 1 oil player in the country, attributed the international...

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