oil

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…

Volatility, Malaysia ops slump cut Petron profit

Local oil giant Petron Corp. led by billionaire Ramon Ang reported a 16-percent drop in…

Feb inflation likely moderated to 2.6%, says poll

Lower prices of rice and fuel might have softened inflation in February, something that could…

BSP pegs February inflation at 2.2-3%

Costlier power bills and higher prices of oil and key farm products were the main…

EU says energy plan could save 45B euros

BRUSSELS — Plans due to be published by the European Commission on Wednesday could shave…