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Philex trims losses in 1st half

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Philex Petroleum Corp. slashed its losses in the first half of 2014 by 81.93 percent to P40.7 million, from P225.2 million in the same period last year, on higher revenues and reduced expenses.

Posted: July 26th, 2014 in Headlines | Read More »

Movement seen in fuel prices

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AP FILE PHOTO

Oil industry players expect slight movements in gasoline and diesel prices this week, although diesel prices seem particularly volatile.

Posted: March 9th, 2014 in Latest Business Stories | Read More »

Seaoil strives to put people first, ensure growth

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GLENN Yu

For far too many corporations in the Philippines, employees are mere cogs in the wheel, automatons with no hearts and minds that exist for no other purpose than to help the owners earn more money year after year.

Posted: September 29th, 2013 in Headlines,Inquirer Features | Read More »

Oil falls below $106 ahead of Fed policy meeting

AP FILE PHOTO

The price of oil fell below $106 a barrel Tuesday, anticipating that the US Federal Reserve’s two-day policy meeting will end with an announcement to scale back its unprecedented monetary stimulus.

Posted: September 17th, 2013 in Latest Business Stories | Read More »

BOC loses bid to reverse dismissal of case vs Pilipinas Shell

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bureau-of-customs-logo

The Court of Appeals stood pat on its earlier ruling dismissing the case against Pilipinas Shell Petroleum Corporation (PSPC) over its alleged use of fraudulently obtained tax-credit certificates (TCCs).

Posted: June 19th, 2013 in Latest Business Stories | Read More »

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