oil Archives - Manila Standard

Oil price rollback on Christmas week

The country’s oil firms are expected to rollback pump prices by over P1 per liter next week to reflect the movement of prices in...

Venezuela reacts defiantly to US oil blockade, says exports okay

CARACAS – Venezuela struck a defiant note Wednesday (Thursday, Manila time), insisting its crude oil exports were not impacted by US President Donald Trump’s...

PXP seeks partners for oil, gas blocks

PXP Energy Corp. is seeking oil and gas exploration partners to secure the necessary financial resources for its newly-awarded, long-term and capital-intensive service contracts...

Petron’s profit climbs 37% on strong domestic sales

Petron Corp., the Philippines’ sole remaining oil refiner, reported a 37-percent surge in its net income in the first nine months of 2025 to...

Petron wins lease dispute against state-run PNOC

Oil firm Petron Corp. said Thursday the Supreme Court has denied a second motion for reconsideration filed by state-run Philippine National Oil Co. (PNOC)...

Gas prices higher; kerosene, diesel lower next week

Domestic pump prices are forecast to have a mixed movement next week with gasoline increasing by up to P0.60 per liter while diesel will...

Oil companies’ rollback fuel prices on Tuesday

Oil companies rolled back pump prices by as much as ₱1.50 per liter effective 6 a.m. Tuesday, reflecting lower global oil prices. Diesel prices dropped...

P1.50/l roll back in fuel prices eyed next week—DOE

Consumers can expect oil prices to roll back by as much as P1.50 per liter next week due to the softening of global oil...

Diesel, kerosene prices up; gas slightly down

Oil firms implemented a mixed price adjustment effective 6 a.m. Tuesday, reflecting movements in global oil markets. The price of diesel rose by P0.60 per...

Oil firms cut pump prices for second consecutive week

The country’s oil companies have reduced pump prices by P0.70 per liter for gasoline, P0.10 per liter for diesel, and P0.80 per liter for...

PBBM: Fuel subsidies ready amid war fears

LTFRB set to OK P1 jeep fare hike, provincial buses to follow The government is preparing to roll out fuel subsidies amid the rise in...

Germany races to secure stricken ‘Russian shadow fleet’ oil tanker

Berlin, Germany — Germany was racing Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship it said...

Fuel prices up by P1.45/liter on Christmas Eve

Consumers can expect higher pump prices on Christmas Eve as the country’s oil firms implemented an oil price hike of as much as P1.45...

Singapore oil tycoon gets 18 yrs for fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out...

Tag: oil

Oil price rollback on Christmas week

Venezuela reacts defiantly to US oil blockade, says exports okay

PXP seeks partners for oil, gas blocks

Petron’s profit climbs 37% on strong domestic sales

Petron wins lease dispute against state-run PNOC

Gas prices higher; kerosene, diesel lower next week

Oil companies’ rollback fuel prices on Tuesday

P1.50/l roll back in fuel prices eyed next week—DOE

Diesel, kerosene prices up; gas slightly down

Oil firms cut pump prices for second consecutive week

PBBM: Fuel subsidies ready amid war fears

Germany races to secure stricken ‘Russian shadow fleet’ oil tanker

Fuel prices up by P1.45/liter on Christmas Eve

Singapore oil tycoon gets 18 yrs for fraud

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