oil

Philodrill moves to extend control of Palawan gas field

Oil exploration firm The Philodrill Corp. is seeking to renew and expand oil exploration activities…

How the Philippines forestalled its own development–and how we may redeem it 

“Victory is claimed by all, failure to one alone.” –Tacitus In Morong, Bataan, stands a…

Biodiesel group warns vs suspension of oil blending

A biodiesel group has warned against the suspension of oil blending proposed by House Bill…

Unioil expansion gets boost with Aramco’s entry

Unioil Petroleum Philippines, Inc. is getting a major push for its planned expansion as Saudi…

Petron income up 37% despite global headwinds

Petron Corp., the country’s only oil refiner led by billionaire Ramon Ang, saw its bottom…

SEC, DOF to tighten monitoring of oil, gas, mining firms’ owners

The Securities and Exchange Commission (SEC) and the Department of Finance (DOF) plan to tighten…

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…