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Shell, Petron Join Unioil in ‘Big’ Fuel Price Rollback
Published on 15 May, 2011 at 14:32 in Traffic, Fuel, Infrastructure | | 2 Comments
Several oil players enforced “big-time” reductions on their pump prices at different times Saturday even as one of them hiked its price for liquefied petroleum gas (LPG).
The weekend price movement was initiated by Seaoil Philippines, which at 12:01 a.m. Saturday pulled down prices of diesel and kerosene by P2 per liter.
The rollback also covered prices of premium and unleaded gasoline,…
Unioil to Expand Philippine Network
Published on 7 Mar, 2009 at 10:17 in Traffic, Fuel, Infrastructure | | No Comments
Despite the financial crunch, Unioil Petroleum Philippines Inc. has committed to expand its retails network this year.
Unioil general manager Luisito Medina-Cue said they would open two more service and retail stations located at strategic in Quezon City and Caloocan.
He said the new stations form part of the company’s expansion program that also involves the upgrading…
PTT Philippines Launches Ethanol-Blended Gasoline
Published on 29 Jan, 2009 at 7:36 in Traffic, Fuel, Infrastructure | | No Comments
PTT Philippines Corp. (PTTPC), the local arm of PTT Public Ltd. Co. of Thailand, launched last January 28, 2009 its new ethanol-blended gasoline, Performa 95+.
PTTPC president Siripong Phoungpaka, said they have invested about P6 million to be able to comply with the ethanol blend requirement under the biofuels law.
Under Republic Act 9367 or the Biofuels…
Unioil to Put Up More Retail Stations
Published on 22 Dec, 2008 at 16:42 in Traffic, Fuel, Infrastructure | | 1 Comment
Unioil Philippines Inc. is investing up to P160 million next year to put up at least eight new retail stations in Metro Manila and nearby provinces.
Chito Medina-Cue Jr. told reporters over the weekend that they have already identified the areas for the new gas networks.
Cue admitted that they will be more aggressive next year despite…
RP Government to Spend P49 B on Alternative Fuels Development
Published on 9 Sep, 2008 at 17:25 in Traffic, Fuel, Infrastructure | | No Comments
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,…
Oil Firms Roll Back Gasoline, Diesel Prices by P1
Published on 14 Aug, 2008 at 21:05 in Traffic, Fuel, Infrastructure | | 2 Comments
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…
