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.
Cesar A. Buenaventura has more prestigious awards than most executives now manning the helm of the country’s largest corporations.
Pilipinas Shell Petroleum Corp. has expressed willingness to help the government curb the rampant oil smuggling in the country, which has been hurting the government through foregone revenue of up to P60 billion a year.
Pilipinas Shell Petroleum Corp. will freeze any possible increases in the prices of petroleum products next week in areas affected by the recent monsoon rains and heavy flooding.
Local oil companies jacked up prices of petroleum products on Tuesday to reflect the uptrend in global oil prices last week.
The Department of Energy said it would study the proposal of Pilipinas Shell Petroleum Corp. to take an active part in the construction of the $2.1-billon Batangas-Manila natural gas pipeline project, even as it had expressed reservation in allowing the entry of private companies in this venture.
Pilipinas Shell Petroleum Corp. hopes to supply the small islands around the country with natural gas for power generation once its proposed floating regasification terminal for liquefied natural gas (LNG) in Batangas has been completed.
Oil giants Petron and Pilipinas Shell have announced they will decrease fuel prices starting 12:01 a.m. on Tuesday (May 22) to reflect the decline in international product prices.
Pilipinas Shell Petroleum Corp. is set to file a motion for reconsideration on or before May 22 this year to contest the Supreme Court decision that junked the oil firm’s petition to get a tax refund amounting to P95 million.
Pilipinas Shell Petroleum Corp. (PSPC) and Islas Tankers Seatransport Corp. (ITSC) recently signed contracts for the time charter of the latter’s two double-hull tankers.
MANILA, Philippines—Pilipinas Shell Petroleum Corp. is raising prices of premium gasoline by a hefty P1.40 a liter; regular gasoline by P1 a liter; kerosene by 70 centavos a liter; and of diesel by 55 centavos a liter, effective Tuesday at 12:01 a.m. According to Pilipinas Shell, the latest price movement reflected the upward adjustment of [...]
Pilipinas Shell Petroleum Corp. will slash Tuesday prices of regular gasoline by 75 centavos a liter, kerosene by 30 centavos a liter, and diesel by 40 centavos a liter. However, the price of premium gasoline will rise by 30 centavos a liter. The price adjustments were meant to reflect the decline in oil prices on [...]
