The new administration should decide whether the country would continue refining crude oil or just import all its requirements for finished oil products, a global oil industry expert yesterday said.

MANILA -- Motorists have to contend with another price increase as four oil firms jacked up pump prices to reflect the world market increase in petroleum prices. read more

Small oil players have joined militant groups and other sectors in opposing the 250-percent increase in toll fees at the South Luzon Expressway (SLEx), saying that the move could result in higher fuel prices.

OIL COMPANIES have adjusted pump prices of petroleum products to reflect the changes in international oil prices.

Small oil players have joined militant groups and other sectors in opposing the 250-percent hike in toll fees at the South Luzon Expressway (SLEx), stressing that such a move will only result in higher fuel prices.

MANILA, Philippines - Independent oil players are opposing the implementation of the 250% hike in toll fees at the South Luzon Expressway (SLEx) as they warn this can lead to higher fuel prices.

Great strides being made in the development of biodiesel fuel

With fledgling domestic production, Pilipinas Shell Petroleum Corporation is opting for continuous importation from Brazil so it can comply with the higher mandated ethanol blend of 10 percent (E10) which shall be enforced starting February next year.

Local oil companies hiked prices of gasoline, diesel and kerosene by P1 a liter beginning Tuesday to reflect the rising prices of petroleum products in the international market.

MANILA, Philippines - The country's three largest oil companies, raised pump prices by P1 per liter on Tuesday to reflect the recent increase in global petroleum prices.

GASOLINE prices will go up, effectively defeating the spirit of the Bio-fuels Law, if distributors are forced to buy ethanol from local producers, a group said Monday.

We still have projects in the pipeline but theyre on hold now. For bioethanol, we dont know how the price rolls.

INDEPENDENT oil company Phoenix Petroleum Philippines raised its fuel prices by P1 per liter this morning.

MANILA, Philippines - Independent oil company Phoenix Petroleum Philippines is the first to raise pump prices of both gasoline and diesel by P1 per liter, following a rise in the prices of refined petroleum products in the world market.

Local oil companies have slashed prices of gasoline by P0.50 a liter, and those of diesel and kerosene by P0.25 a liter beginning Tuesday, to reflect the decline in the prices of petroleum products in the international market.

Major oil player Petron Corp. and small player Seaoil Philippines announced Monday night price rollbacks reaching P0.50 per liter on their respective petroleum products. The two oil firms said a P0.50 per liter reduction will be imposed on gasoline prices while those of diesel and kerosene would be pulled down by P0.25 per liter. Petron and Seaoil said the price adjustment would take effect at 6 ...

Major oil player Petron Corporation will reduce the prices of its gasoline, diesel and kerosene products on Tuesday morning.

And the G-20 should lead the way.

Local oil firms made good on their promise to raise fuel prices this week, which they had forecast due to the recent rise in international crude prices. Oil giant Pilipinas Shell jacked up its pump prices by P1 a liter effective 12:01 a.m. Tuesday. The increase covered the prices of diesel, gasoline, and kerosene. At around 6 a.m., another big oil player, Chevron Philippines (formerly Caltex ...

OIL MAJORS Pilipinas Shell Petroleum Corp., Chevron Philippines, Inc. and Petron Corp. have raised pump prices of all petroleum products to reflect higher international oil prices.