Phoenix hikes gas prices
By Tetch Torres-Tupas
Independent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m.
Independent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m.
Even top taxpayers must obey the law, Finance Secretary Cesar V. Purisima said Tuesday.
Local oil companies are implementing new price adjustments on Tuesday to reflect movements of prices in the international market.
Local oil companies slashed the prices of petroleum products effective on Saturday to reflect the continued decline of oil prices in the global market.
Local oil companies are slashing prices of petroleum products effective Monday (Feb. 25) to reflect the softening of oil prices in the global market.
Publicly listed Phoenix Petroleum Philippines Inc. is investing P242 million to increase the authorized capital stock of its wholly-owned subsidiary, Chelsea Shipping Corp.
Local oil companies have slashed prices of petroleum products to reflect the downtrend in prices in the global oil market.
Local oil companies are slashing the prices of petroleum products, effective Tuesday, to reflect the continued softening of global oil prices.
Local oil companies are slashing prices of fuel products this week, reflecting the continued softening of oil prices in the international market.
Phoenix Petroleum Philippines aims to raise as much as P2.5 billion through the issuance of five-year fixed rate notes within this month.
Publicly listed Phoenix Petroleum Philippines posted a 33-percent decline in its net income to P206 million in the first half of 2012, from the P305 million it registered a year ago.
Phoenix Petroleum Philippines Inc. plans to double its nationwide distribution footprint to 500 outlets in the next five years while expanding commercial space offered for lease in selected outlets to complement its selling of petroleum products.
