
Pump prices drop next week
Pump prices are likely to decline next week, breaking a two-week streak of increases, as global oil markets react to weak demand and easing geopolitical…
· 1 min read
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Pump prices are likely to decline next week, breaking a two-week streak of increases, as global oil markets react to weak demand and easing geopolitical…
· 1 min read

Donnabel Kuizon Cruz has been appointed chairperson of the Petroleum Association of the Philippines, a key role in advancing the country’s energy security and…
· 2 min read

After more than a decade, global energy giant Saudi Aramco has returned to the Philippines through a strategic investment in Unioil Petroleum Philippines, Inc.
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The Criminal Investigation and Detection Group (CIDG) of the Philippine National Police (PNP) confiscated P25 million worth of illegal liquefied petroleum gas…
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Global oil prices have been under pressure from concerns over reduced exports from key suppliers, particularly as refinery maintenance season approaches.
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Final price adjustments from local oil companies will be announced on Monday, with implementation set for Tuesday.
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On average, each station requires an average investment of P15 million—depending on size and equipment.
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The Organization of the Petroleum Exporting Countries and its allies recently extended their 2.2 million barrels per day production cuts until April 2025,…
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Nido Petroleum Philippines Pty Ltd. is awaiting the Department of Energy's (DOE) declaration of commerciality to expand the oil exploration and production…
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A QSP is defined as an individual who has completed an approved training course for LPG service persons conducted by the DoE, the Department of Trade and…
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The weak performance of China’s economy also played a significant role, with investors maintaining a pessimistic outlook on the country’s oil demand.
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Consumers are likely to face higher fuel prices in the week ahead, as early indicators show a potential increase in both diesel and gasoline costs.
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Measures will help further deny Iran financial resources used to support its missile programs
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The country’s third-largest petroleum company, Unioil, has announced a pivotal expansion beyond Luzon, opening its newest fuel terminal in San Fernando,…
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The cleanup efforts were carried out simultaneously across 10 locations nationwide, with Phoenix employees working alongside local community volunteers to…
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Phoenix Petroleum, through its corporate social responsibility arm, Phoenix Philippines Foundation, Inc., participated in the 2024 International Coastal…
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