oil

Bolsonaro ousts Petrobras president after fuel increases: official

BRASILIA, Brazil (AFP) -- Brazilian President Jair Bolsonaro decided on Monday to change the president of state-owned Petrobras, Joaquim Silva…

12th oil price hike this year: Diesel prices to go up by P8.65 per liter, gasoline prices by P3.40 per liter on March 29

Price hike follows major rollback last week   (Eagle News) – Oil companies are set to implement another price hike…

Germany moves to wean itself off Russian energy

  BERLIN, Germany (AFP) -- Germany said Friday it was drastically slashing its energy purchases from Russia amid Moscow's invasion…

Canada will boost oil exports to replace Russian energy

OTTAWA, Canada (AFP) - Canada announced Thursday it will boost oil exports by about five percent to help address supply…

Oil sees further gains on sanctions talk, while equities slip

Brent crude back to above $120 a barrel   HONG KONG, China (AFP) -- Oil prices extended their gains Thursday…

Oil prices soar on Saudi, Russian supply fears

NEW YORK, United States (AFP) -- Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among…

Price rollback of P11.45 per liter for diesel, P5.45 per liter for gasoline set on March 22

Rollback was in reaction to decrease in oil prices in world market last week   (Eagle News) – Philippine oil…

LNG projects in the Gulf of Mexico boosted as Russian gas alternative

by François PICARD Agence France-Presse HOUSTON, United States (AFP) - Two years ago, the American liquified natural gas (LNG) company…

Japan presses UAE to pump more oil as Ukraine war spikes prices

DUBAI, United Arab Emirates (AFP) -- Japan on Sunday urged the United Arab Emirates to pump more oil to calm…

Saudi Aramco says annual profit more than doubled in 2021

  by Haitham EL-TABEI Agence France Presse RIYADH, Saudi Arabia (AFP) -- Energy giant Saudi Aramco said Sunday its 2021…

Thousands protest over soaring prices across Spain

  MADRID, Spain (AFP) -- Thousands of demonstrators hit the streets across Spain on Saturday in protest at the soaring…

For the first time this year, huge oil price rollback set this week after 11 straight weeks of price hikes

Diesel prices expected to go down by P10.70 to P10.90 per liter, gasoline by P5.10 to P5.30 per liter  …

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