oil

PCC clears Aramco investment in Unioil

Global oil giant Saudi Arabian Oil Company is inching closer to reentering the Philippine market…

Petron reels from weaker oil prices, Mid-East conflict

Lingering market pressures dampened Petron Corp.’s first-half earnings, which declined by 12 percent to P5.3…

PXP Energy raises stake in WPS oil contract

PXP Energy Corp. has hiked its stake in Canada-based FEC Resources Inc. (FEC), strengthening its…

‘Anticompetitive’ activities of oil firms under scrutiny

The Department of Energy (DOE) is on the lookout for “anticompetitive” practices of some fuel…

Petron lists P32-B bonds after oversubscribed offering

Petron Corp., the country’s only oil refiner backed by billionaire Ramon Ang, said on Monday…

Petron raises P32B from bond sale

Petron Corp., the country’s only oil refinery backed by billionaire Ramon Ang, has raised fresh…

BSP still sees below-target June inflation despite oil price spike

Consumer prices may have posted a faster growth in June due to a brief spike…

Fuel prices seen easing as ME strife simmers

A slight relief from surging local fuel prices remains possible as global oil prices dropped…

Analysts: War in Middle East may cut short BSP easing

Tensions in the Middle East and the resulting surge in oil prices may force some…

World on edge pressures peso, stocks

The Philippine peso sank deeper into the 57 territory while stocks slumped further as the…