Tag: Petroleum

Ilang oil companies, magpapatupad muli ng rollback

(Eagle News) — Marami pang mga kumpaniya ng langis ang magpapatupad ng roll back sa presyo ng mga produktong petrolyo ngayong linggo. Ngayong araw, nagpatupad na ng rollback ang Jetti Petroleum ng Php 1.10 sa kada litro ng diesel habang Php 1.30 naman sa kada litro ng gasolina. Samantala, bukas ay nakatakda namang magpatupad ang Shell, PTT Philippines at Total Php 1.25 sa kada litro ng gasolina, habang Php 1.10 sa kada litro ng diesel. […]

Oil price hike, posibleng ipatupad ngayong linggo

(Eagle News) — Posible na namang magpatupad ang oil price hike ngayong linggo ang mga kumpaniya ng langis. Ayon sa energy sources, maaaring maglaro sa 25 (P0.25) hanggang 35 centavos (P0.30) kada litro ang pagtaas sa presyo ng diesel, habang 20 (P0.20) hanggang 30 centavos (P0.30) kada litro sa gasolina. Ang kerosene naman ay aabot sa P0.40 hanggang P0.50 kada litro ang taas-presyo. Ang taas-presyo ng petroleum product ay bunsod ng paggalaw ng presyo sa […]

China confirms it will limit oil exports to North Korea

  BEIJING, China (AFP) — China will limit exports of refined petroleum products to North Korea starting October 1, its commerce ministry said, confirming Beijing’s participation in new UN sanctions intended to rein in its rogue neighbor. The United Nations Security Council, including permanent member Beijing, approved tough sanctions against Pyongyang last week in response to its sixth and most powerful nuclear test. Washington had initially sought a full oil embargo, but softened its stance […]

Qatar Petroleum and Total to launch joint venture

DOHA, Qatar (AFP) — State-owned Qatar Petroleum and French energy giant Total will formally launch a 25-year joint venture to develop the Al Shaheen oil field this week, the companies said Monday. The North Oil Company, to be launched on Tuesday, will be made up of a 70 percent stake from QP and a 30 percent stake from Total, which is taking over operations from Maersk Oil, according to a statement released by Qatar Petroleum. […]

Oil companies implement another round of oil price hikes

QUEZON City, Philippines (Eagle News) — Various oil companies implemented another round of oil price hikes effective Tuesday morning, April 18. Gasoline prices were increased by 45 centavos (Php 0.45) per liter while diesel prices increased by P0.65 centavos per liter. For kerosene, the price increase was 60 centavos (Php 0.60) per liter. Big oil companies such as Pilipinas Shell, PTT Philippines, Flying V and Seaoil announced their price adjustments this morning at 6:00 AM, […]