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  1. Join Date
    Nov 2005
    Posts
    34,817
    #2841
    siguro the pandemic accelerated PH Shell's plan to shut down the refinery

    this pandemic is very good at accelerating things

    ung mga plans na dapat implement in 5 years or more napilitan implement now

  2. Join Date
    Mar 2010
    Posts
    1,535
    #2842
    Quote Originally Posted by shadow View Post
    Matagal na nila plan yan diba? In fact Petron na lang talaga nagiisang refinery dito. Nabasa ko yan matagal na eh.


    Sent from my iPhone using Tapatalk
    Dati 3 refinery kasama pa Caltex.

    Naging pride ng mga Pinoy ang mga refineries maski contractor lang as reference para matanggap sa Aramco, PDO, ADNOC, etc. sa middle east at africa.


    Sent from my ASUS_Z017DA using Tsikot Forums mobile app

  3. Join Date
    May 2006
    Posts
    3,600
    #2843
    Quote Originally Posted by uls View Post
    siguro the pandemic accelerated PH Shell's plan to shut down the refinery

    this pandemic is very good at accelerating things

    ung mga plans na dapat implement in 5 years or more napilitan implement now
    agree the pandemic hasten the demise of shell tabangao refinery.
    but this is happening in every 4 corners of the world! actually, more are operating at under capacity.
    ewan ko kung gaano kababa ang capacity para sa jet fuel ngayon dahil wala naman gaanong byahe ng mga airlines.

  4. Join Date
    Nov 2005
    Posts
    34,817
    #2844
    RE: jet fuel demand

    lowest since 1968

    Jet Fuel Demand Plunges to Lowest Level in Decades
    In a year of eye-popping aviation statistics, the following may be the most eye-popping yet. The U.S. Energy Information Administration (EIA) said demand for jet fuel in May was the lowest since 1968. May jet fuel demand fell 67% year-over-year.

    This stat starkly illustrates the near-total collapse of air travel. The industry now is much, much larger than it was in 1968 (although, yes, jets back then were much less fuel-efficient). Jet fuel prices are low, down to $1 per gallon in July. Youíd have to go back to January 2016 to find jet fuel prices that low, and back to about 2004 for jet fuel prices to regularly be below the $1 threshold, EIA data show.

  5. Join Date
    Nov 2005
    Posts
    34,817
    #2845
    RE: US refinery utilization


  6. Join Date
    Sep 2003
    Posts
    21,866

  7. Join Date
    Oct 2002
    Posts
    19,512
    #2847
    Same owner ba SSI and Rustanís?
    Signature

  8. Join Date
    Jun 2009
    Posts
    742
    #2848
    Quote Originally Posted by boybi View Post
    Same owner ba SSI and Rustanís?
    Yesss


    Sent from my iPhone using Tapatalk

  9. Join Date
    Mar 2006
    Posts
    12,989
    #2849
    ^ yes. Tantoco family pa din ata ang majority owners nila afaik

    do what you gotta do so you can do what you wanna do

  10. Join Date
    Nov 2005
    Posts
    34,817
    #2850

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Philippine Economy Talk