Nearly Php 3 per liter fuel price hike set on Jan. 24

Daphne Galvez - Reporter / @DYGalvezINQ 01/23/2023

MANILA, Philippines — The pump prices of gasoline, diesel, and kerosene will increase by nearly P3 per liter starting Tuesday, Jan. 24. Local oil firms announced on Monday the following price adjustments: Shell (6 a.m.) Gasoline: +P2.80…

Oil prices going up again on June 28

Beatrice Pinlac - @inquirerdotnet 06/27/2022

MANILA, Philippines —Starting Tuesday, June 28, gasoline, diesel, and kerosene prices will be going up again. In separate advisories issued Monday, Caltex Philippines and Seaoil said they will increase gasoline prices by P0.50 per liter, while a…

DOE not convinced on NGCP’s ‘lightning’ reason as cause of recent Visayas blackout

Mae Fhel Gom-os 09/09/2021

  MANDAUE CITY, Cebu — An official of the Department of Energy (DOE) said they did not officially accept the statement of the National Grid Corporation of the Philippines (NGCP) that lightning caused the blackout which affected…

Power supply investors urged to come up with other forms of supply to cater future demand in Visayas

Mae Fhel Gom-os 09/09/2021

  MANDAUE CITY, Cebu — Investors are urged to come up with other forms of energy supply to cater the projected demand in the Visayas. This was what Engr. Jose Rey Maleza, the chief science research specialist…

AboitizPower remits P508M to host communities

Rosalie O. Abatayo 09/06/2020

Aboitiz Power Corporation or AboitizPower has remitted a total of P508.2 million shares to its host communities which the latter may use in their COVID-19 response programs. In an e-mailed statement, AboitizPower said it has downloaded P148.2…

Global oil demand seen to shrink in 2020

Ronnel W. Domingo 03/14/2020

Worldwide oil demand is expected to contract this year for the first time since 2009, a time of a global financial crisis, as the coronavirus (COVID-19) pandemic continues to take a toll on China while worsening elsewhere.…

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