Oil firms roll back fuel prices by up to P3 per liter starting Nov. 14

Meg Adonis 11/13/2023

MANILA – A good news for motorists. Hefty rollbacks in the pump prices of petroleum products will greet consumers on Tuesday, Nov. 14, with local oil firms cutting prices by as much as P3 per liter. In…

Refillable aluminum LPG canister now available in Cebu

Irene R. Sino Cruz 12/17/2019

CEBU CITY — In a bid to cut into the market for illegally-refilled butane canister in Cebu, Pascal Resources Energy Inc. (PREI) launched its 230-gram refillable aluminum liquefied petroleum gas (LPG) canister. PREI created Gaz Lite, the…

June 11 fuel price rollback: Gasoline cut by P2.40, diesel by P2.70

Futch Anthony Inso 06/10/2019

CEBU CITY, Philippines — Good news for motorists. Oil companies have announced that they will be implementing a rollback on prices of petroleum products tomorrow, June 11. This is already the 3rd consecutive week where prices of…

Chinese firm, partners eye mini-refinery, natgas deposits in Alegria

Irene R. Sino Cruz 05/31/2019

CEBU CITY — The China International Mining Petroleum Co. Ltd. and its partners are looking into the possibility of putting up a mini-refinery to process the crude oil coming from its oil wells in Alegria town, Cebu.…

DOE to meet with Coast Guard and Marina to tackle issue on illegal transport of petroleum products

Benjie Talisic, Morexette Marie B. Erram 02/21/2019

CEBU CITY, Philippines – The Department of Energy in Central Visayas (DOE-7) will be meeting with maritime law enforcers to help them track down illegal traders of petroleum products in the region. This developed after a letter sent…

Alden Richards reveals why he’s into business

Apple Ta-as 12/13/2016

FAME, like any other thing, fades. That is why actor and host Alden Richards, who is now at the peak of his career, has been aggressive in investing his hard-earned money in the food business—opening two branches…

Asian stocks mixed as markets await OPEC meeting results

11/30/2016

ASIAN stocks were mixed Wednesday, as investors awaited the results of a key meeting of the Organization of Petroleum Exporting Countries. Japan’s benchmark Nikkei 225 was flat, finishing at 18,308.48, and Australia’s S&P/ASX 200 dropped 0.3 percent…

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