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INCLUDING the past weeks’ price cuts, oil firms have ticked off 17 oil price reductions and 14 hikes this year since January. But no matter, industry sources say, at least the price drops are no longer as drastic…
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Officials of the so-called “Big 3” oil companies have said they will be out of the Pandacan oil depot in Manila by November. This was the assurance they gave Manila Mayor Joseph Estrada and Vice Mayor Francisco…
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MOSCOW — The CEO of French oil company Total, Christophe de Margerie has died after a private jet crashed at a Moscow airport, Russian media reported Tuesday citing aviation and law enforcement sources. “There was one passenger…
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THE YEAR 2013 for the local oil industry was marked by constant pump price increases during the first half of the year and subsequent price decreases. The increases were mainly brought about by the turmoil in the…
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Last week, Seaoil Philippines Inc., the country’s largest independent fuel company formally announced its partnership with STP, one of the leading fuel and lubricant additive brands in the US. The STP brand is owned by the Armored…
