9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Gas station owners who will attempt to sell untaxed petroleum products and smuggled goods will be criminally prosecuted, according to the Bureau of Internal Revenue (BIR). This was the warning issued by
The Organization of the Petroleum Exporting Countries (Opec) in a meeting on Monday, July 1, extended the oil production cuts for another nine months in hopes to trigger an upward movement in
President Rodrigo Duterte has signed an executive order that approves of third party participation in exploring, developing, and utilizing the country’s energy resources such as oil and gas. It will allow the
The Department of Energy (DOE) has recorded a rise in the country’s net oil import by 31 percent in 2018, from last year’s $9.256 billion to $12.116 billion. “This was attributed to
1-PACMAN party-list Rep. Michael “Mikee” Romero renewed his call to establish the Philippine Strategic Fuel Reserves (PSFR), which is said to address the country’s shortage in fuel reserves while also acting as
Oil prices will increase today with P0.90 per liter for gasoline and P0.55 per liter for diesel products due to bellwether Dubai crude hitting US$62 per barrel last week. Kerosene recorded an
The Department of Energy (DOE) wants to explore legal means that could force oil companies to be more transparent on their margins for profit. DOE Secretary Alfonso G. Cusi told Manila Bulletin
The Philippine National Oil Co. (PNOC) is looking to redevelop the 11.89-hectare Pandacan oil depot in Manila. “We have a property in Pandacan. Petron’s oil depot, that’s ours. We are also studying
The Philippine National Oil Company (PNOC) is studying the possibility of building a strategic reserve in the midst of unstable oil prices and the decision of major oil producers to restrict oil
The Organization of the Petroleum Exporting Countries (OPEC) is eyeing a global consensus in cutting oil productions, the group’s chief said on Tuesday. “In order to restore stability at a sustainable level,
