oil

San Miguel leads PH firms in ‘Southeast Asia 500’ list 

Forty of the Philippines’ top revenue-generating firms made it to Fortune Magazine’s second “Southeast Asia…

Renewables, oil pull down PetroEnergy profit

PetroEnergy Resources Corp. (PERC), the listed energy arm of the Yuchengo Group of Companies, registered…

BIZ BUZZ: Aramco heats up downstream oil sector

Shell Pilipinas is pumping up its strategies to remain a tough player in a sector…

Further oil price cuts uncertain despite supply glut

The looming oversupply of oil in the global market can further bring down local fuel…

PXP Energy widens net loss to P9.2M

Listed upstream oil and gas firm PXP Energy Corp. saw a wider net loss in…

Indonesia to propose $10-B US energy imports increase in toll talks

JAKARTA — Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas…

Chevron’s Venezuelan oil cargoes stalled at sea after export cancellations

HOUSTON — At least two vessels carrying Venezuelan crude chartered by Chevron are now stalled…

PTT Philippines earmarks P1.5B for capex over next 4 years

The local unit of Thailand’s PTT Public Co., which is focused on oil and gas,…

Washington raises pressure on Venezuela oil buyers

WASHINGTON/HOUSTON — A US plan to slap tariffs on countries buying sanctioned Venezuelan oil marks…

Premium products, belt tightening shore up Shell Pilipinas profit 

Despite posting lower sales, oil giant Shell Pilipinas Corp. (SPC) grew its net income by…