Petron E10 Premium Proven on Top Car Makes

Petron E10 Premium, the new ethanol blend of oil industry leader Petron Corporation, was recently proven in a media test drive using the country’s top car brands — Honda, Mitsubishi, Nissan and Toyota. The Petron E10 Premium Run set a milestone as it brought together the top four automobile manufacturers and various media personalities, as the high-performance, eco-friendly Petron E10 Premium in a host of different cars and diverse driving conditions.

The Petron E10 Premium Run consisted of four legs — a CannonBall Run through Metro Manila, a Sampaguita Run on NLEX, a Speed Trap at SCTEX, and a Navigator’s Run in Subic. Each leg of the Petron E10 run was judged on a point system, with a triumphant Nissan Sentra driven by Lester Dizon (Motorcycle Magazine) and Dino Directo (Manila Standard Today) finishing as overall champion. Garnering silver honors was a Toyota Altis captained by the team of John Nieves and Val Villamar of Gadgets Magazine. Taking the bronze medal was a Honda City piloted by the team of JR Langit (Kasangga Mo Ang Langit, IBC 13) and Cristy Dailo (DWIZ-Aliw Broadcasting Corporation Auto Radyo). Coming in at fourth place was a Mitsubishi Lancer driven by Ferman Lao (Kotse.com) and Charles Custodio (Top Gear Magazine), while in fifth place was the Nissan Livina of Angelo Almonte and Ricky Velasco (DZMM Radyo Patrol). Read more

Seaoil to Offer First Euro-5 Diesel in the Country

Seaoil Philippines Inc. has entered into a $30-million supply contract for the sale and distribution of the low emission Euro-5 diesel product, making it the first oil firm in the country to comply with the highest European emission standards.

Seaoil president and chief executive Francis Glenn Yu said they have forged an agreement with SK Networks, a major South Korean trading house, for the supply of Euro-5 diesel over the next six months.

At present, diesel being sold in the Philippines is only at Euro-2 standard. Read more

DOE: Transport Sector to Use Natural Gas

The Department of Energy (DOE) said the transport sector would likely account for at least five percent of the total market demand for natural gas in the country.

Despite the absence of concrete level of natural gas to be allocated for the transport sector, the DOE said one of the key strategies to successfully implement the country’s program on natural gas for transport is to develop a market base.

“The magnitude of the public transport system, in terms of volume and coverage, makes it viable for conversion to compressed natural gas (CNG), the DOE said. Read more

RP Government to Spend P49 B on Alternative Fuels Development

The government will spend about P49.1 billion for the Alternative Fuels Program next year, Sen. Juan Miguel Zubiri said yesterday.

He noted that bulk of the program will go to biofuels development at P25.6 billion which is 20.75 percent higher than the P21.2 billion allocated for the biofuels program this year.

The Biofuels Act, principally authored by Zubiri, mandates a two percent biodiesel blend and 10 percent ethanol blend for gasoline starting January next year. Read more

Oil Firms Roll Back Gasoline, Diesel Prices by P1

Dismissing the possibility of one-time big rollback, oil players have reduced their prices by P1 per liter on all their pump products.

The reduction was higher than anticipated as oil firms were expected to cut prices by only 50 centavos per liter for diesel.

Echoing the view of Energy Secretary Angelo Reyes, oil companies believed that the continuing drop in world oil prices would mean subsequent oil price rollbacks in the domestic front. Read more

Petron Procures Ethanol from Leyte Agri Corp

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 blend with its E10 Premium gasoline. Read more

Honda Partners with Fleet Accounts in Promoting Fuel Economy

Honda Cars Philippines, Inc. recently completed the Fleet Edition of Honda Challenge Cup, a fuel efficiency driving competition that serves as an instrument in promoting fuel economy awareness in the face of fuel crisis.

Honda, in cooperation with Petron and the Department of Energy, conduct a series of fuel economy competition among different types of audiences to demonstrate how a simple fuel efficient driving style can make a big difference. In the most recent edition, representatives from different corporations maintaining a fleet of motor vehicles participated and learned the rudiments of fuel efficient driving. Read more

Petron Xtend Offers Safe, Reliable Auto LPG

More motorists are converting their vehicles to run on Liquid Petroleum Gas (LPG), drawn by the cost-saving benefits of using the cheaper and cleaner-burning alternative fuel.

Many have also been encouraged to switch because major oil companies, led by Petron, have increased the number of stations and outlets where Auto LPG is dispensed safely to LPG-powered vehicles. Read more

IRRI Tests Fuel Saving Toyota Prius

Amid continually rising crude oil prices and growing concerns for the degradation of the natural environment, Toyota Motors Philippines Corporation (TMP) is continuing to test the Toyota Prius. The world’s pioneer of hybrid technology, the Prius is acclaimed worldwide for its fuel efficiency and environment-friendly features.

As a hybrid, the Prius is propelled by two power sources – the electric and conventional internal combustion engines. The engine, the battery, or both can power the vehicle, depending on driving conditions. A number of Prius units were brought to the Philippines so they can be tested under local road and traffic situations. Read more

CAMPI: Car Sales Up but Buyers Focus on Fuel Efficiency

The automotive industry sold 61,654 cars and trucks in the first half of the year, up 13.6 percent from the same period last year, even as buyers shifted to fuel-efficient vehicles amid escalating petroleum prices.

“The overall Philippine automotive industry… remains relatively strong and stable,” said Elizabeth Lee, president of the Chamber of Automotive Manufacturers of the Philippines Inc. Read more

Next Page »