Results 11 to 20 of 47
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September 29th, 2014 11:13 PM #11
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May 28th, 2015 12:33 AM #12
Euro5 Diesel might be the diesel product from the new refinery.
July 2015 is the unconfirmed release date.
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May 28th, 2015 01:08 AM #13
Petron has no need to introduce Euro 5. What they're doing now is flooding the market with cheap fuel, resulting in many independents turning to Petron as their supplier.
The old status quo was that oil companies had few big wholesalers, who then distributed their fuel to smaller independents. Now, Petron is transacting directly with the small players, by offering lower prices since they eliminated the middleman. Now, the wholesale businesses of other oil companies are getting really affected. Heck, right now, even branded small players source their fuel from Petron because it's cheaper than importing from abroad.
Why is Petron flooding the market with cheap oil? Because they need to maintain a certain volume to maximize the economies of scale of their upgraded refinery in order to keep costs low. The volume from their 2,200 retail stations isn't enough to keep the refinery afloat.
Now, going for Euro 5 doesn't line up well with their current strategy. Euro 5 fuel will be about 2 pesos more expensive per liter. 99% of customers don't care - if you look at the bigger picture, fuel consumption is actually mostly for business use. Private users like us don't constitute the majority of the pie.
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May 28th, 2015 01:42 PM #14
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June 5th, 2015 05:02 PM #15
Its official. Petron fuels are euro4 for mega manila except diesel.
According to Petron Corp.
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June 8th, 2015 12:21 AM #16
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June 8th, 2015 01:39 AM #17
Anyone who use seaoil diesel?post your reviews please?ive been using it since day 1 of my monty
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June 8th, 2015 09:12 AM #20
Somewhat expected from a rushed car from a first time carmaker
Xiaomi E-Car