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Oil firms announce pump price rollback

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INQUIRER FILE PHOTO

Oil prices are sliding this week on weaker trading and an overall expectation of market gloom amid ample US crude supply in coming weeks.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

DOE exerts IPO pressure on Pilipinas Shell

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INQUIRER FILE PHOTO

Pilipinas Shell Petroleum Corp. still has not come up with a decision on plans to list on the Philippine Stock Exchange, and the Department of Energy (DOE) is now but a few steps shy of taking legal action.

Posted: February 20th, 2014 in Latest Business Stories | Read More »

Series of increases in fuel prices seen

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Oil firms cut diesel and kerosene prices as demand for fuel tapered off amid the tail-end of winter in the United States. AP FILE PHOTO

Oil prices are seen to be trending upwards on stronger demand and positive credit data from China—suggesting that the fuel-guzzling economic power is avoiding a sharp slowdown and will keep driving oil demand, industry sources said.

Posted: February 18th, 2014 in Latest Business Stories | Read More »

Oil prices rise for first time in 2014

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AP FILE PHOTO

Oil firms announced their first price hike for the year as fuel demand recovered following three straight weeks of decline.

Posted: January 28th, 2014 in Latest Business Stories | Read More »

Fuel prices down greets long weekend

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AFP FILE PHOTO

Motorists going on a road trip for the long weekend are in for a cheerful ride as oil firms slashed pump prices nationwide, including disaster-stricken Cebu and Bohol.

Posted: October 27th, 2013 in Latest Business Stories | Read More »

Gas up, earn points, and shop

Pilipinas Shell-SM Advantage Print Ad-1

In a bid to reward Filipino motorists, Pilipinas Shell has partnered with Marketing Convergence Inc., the company behind SM Advantage, to offer premiums for every fuel purchase at its retail stations nationwide

Posted: September 5th, 2013 in Latest Business Stories,Motoring,Photos & Videos | Read More »

Pilipinas Shell hikes gas prices effective Tuesday

INQUIRER FILE PHOTO

Pilipinas Shell Petroleum Corp. announced hikes in the prices of gasoline, kerosene and diesel that will take effect Tuesday at 6 a.m. to reflect movements in international oil prices.

Posted: July 9th, 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 »

Shell seeks more time to decide on IPO plan

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Pilipinas Shell Petroleum Corp. is seeking more time—or until the end of 2013—to decide whether it will offer shares to the public through a long overdue initial public offering (IPO).   “Everything hinges on the study on upgrading the refinery and the law states that if you have a refinery, you should commit 10 percent [...]

Posted: June 7th, 2013 in Headlines | Read More »

Pilipinas Shell to introduce new line of transport lubricants

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REQUERO

Pilipinas Shell last week unveiled the latest in its commercial transport lubricant range, the Rimula R4X, a higher quality version of its best-selling R3X which will be available starting this month.

Posted: June 4th, 2013 in Motoring | Read More »

DOE presses Pilipinas Shell to conduct IPO

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INQUIRER FILE PHOTO

The Department of Energy is pressing Pilipinas Shell Petroleum Corp. to conduct its much delayed public offering, stressing that now is the right time to do so.

Posted: May 29th, 2013 in Latest Business Stories | Read More »

Pilipinas Shell confirms smuggling

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Pilipinas Shell Petroleum Corp., the country’s second biggest fuel provider, identified two ways of smuggling petroleum products into the country aside from bringing them in through special economic zones and selling them tax-free outside the zones.

Posted: April 3rd, 2013 in Headlines | Read More »

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