Kerosene subsidy at Rs 12/liter, LPG at Rs 18/kg

August 11, 2015 by · Comments Off on Kerosene subsidy at Rs 12/liter, LPG at Rs 18/kg 

NEW DELHI, Aug. 10 — Government has capped the subsidy payout on kerosene at Rs 12 per litre and domestic cooking gas (LPG) at Rs 18 per kg, Oil Minister Dharmendra Pradhan said Monday.

Read more

Petron’s income drops to Php3-B in 2014 due to oil price crash

March 18, 2015 by · Comments Off on Petron’s income drops to Php3-B in 2014 due to oil price crash 

MANILA, March 17 — With the crash of oil prices in the second half of 2014, Petron Corporation’s income also dropped from Php5.1 billion in 2013 to Php3 billion in 2014.

Read more

DTI-Quezon warns against buying expensive LPG hose, gas regulators

February 8, 2015 by · Comments Off on DTI-Quezon warns against buying expensive LPG hose, gas regulators 

By Gideon Belen

LUCENA CITY, Quezon Feb. 7 (PNA) — The Department of Trade and Industry (DTI) here warns the public against buying products offered by PAZ Safety Venture with business address at West Subdivision Bukad Village in the municipality of Pagbilao this province.

Read more

BFP – Isabela shares fire safety tips

January 23, 2015 by · Comments Off on BFP – Isabela shares fire safety tips 

CITY OF ILAGAN, Jan 23 — The Bureau of Fire Protection (BFP) – Isabela has shared tips on how to avoid fire incidents during the first provincial fire safety summit held recently.

Read more

Export duty on oil in Russia to decrease by US$ 57.3 to US$ 112.9 per ton on Feb 1 — ministry

January 16, 2015 by · Comments Off on Export duty on oil in Russia to decrease by US$ 57.3 to US$ 112.9 per ton on Feb 1 — ministry 

MOSCOW, Jan. 15 — The export duty on oil in Russia will go down by US$ 57.3 to US$ 112.9 per ton on February 1, said Alexander Sarkovich, leading Finance Ministry expert.

Read more

EC Gas to rollback LPG by Php50

January 3, 2015 by · Comments Off on EC Gas to rollback LPG by Php50 

MANILA, Jan. 2 — Eastern Petroleum's EC Gas will rollback its Liquefied Petroleum Gas (LPG) by Php50 per its 11 kilogram (kg) cylinder.

Read more

Petron rolls back LPG products by Php5.50; Php3.07 for AutoLPG

January 2, 2015 by · Comments Off on Petron rolls back LPG products by Php5.50; Php3.07 for AutoLPG 

MANILA, Jan. 2 — Petron rolls back Friday its Liquefied Petroleum Gas (LPG) products by Php5.50 per kilogram (kg) and its AutoLPG brand by Php3.07 per liter.

Read more

Petron to rollback LPG prices by Php 5.50 /kg; AutoLPG by Php 3.44/ltr

January 2, 2015 by · Comments Off on Petron to rollback LPG prices by Php 5.50 /kg; AutoLPG by Php 3.44/ltr 

By Juzel L. Danganan

MANILA, Jan. 1 (PNA) — Petron Corp. will cut prices of its Liquefied Petroleum Gas (LPG) by Php 5.50 per kilogram (kg) and its AutoLPG brand by Php 3.44 per liter effective 12:01 a.m. Friday.

Read more

Independent players may resort to stockpile oil due to price drop — IPPCA President

December 17, 2014 by · Comments Off on Independent players may resort to stockpile oil due to price drop — IPPCA President 

By Juzel L. Danganan

MANILA, Dec. 17 (PNA) — Independent players may individually result to stockpiling due to the global oil price drop, according to Independent Philippine Petroleum Companies Association (IPPCA) President Fernando Martinez.<p"Individually, we may stockpile. Common importation happens, but the question is when is the proper timing," Martinez told reporters.

Read more

Eastern Petroleum to spend Php250-M for retail and LPG outlet expansion

December 16, 2014 by · Comments Off on Eastern Petroleum to spend Php250-M for retail and LPG outlet expansion 

By Juzel L. Danganan

MANILA, Dec. 16 (PNA) -– Independent player Eastern Petroleum will spend Php250 million for its combined retail outlets and Liquefied Petroleum Gas (LPG) outlet expansion, said Chairman and Chief Executive Officer (CEO) Fernando Martinez.

Read more