Energy Secretary Angelo Reyes on Friday urged motorists to switch to ethanol-blended gasoline (E10), stressing its economic benefits not only for the government but also for consumers.
Under the Biofuels Act (Republic Act No. 9367), local oil companies are now required to sell gasoline pre-blended with 5 percent ethanol. The new requirement…
Petron Corp., the country’s largest oil refiner, has started the procurement of locally-produced ethanol from Leyte Agri Corp. (LAC).
In a disclosure to the Philippine Stock Exchange (PSE), the publicly-listed Petron said the purchase is consistent with its commitment to promote the use of indigenous alternative fuels.
Petron said they would use the fuel grade ethanol from LAC to…
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