oil

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…

Aramco back in PH, to buy 25% of Unioil

Saudi oil giant Aramco is making its way back to Philippine shores through a planned…

BIZ BUZZ: PNOC not giving up claim on Petron assets

Once in a blue moon, the Supreme Court entertains a second motion of reconsideration “in…

Venezuela oil exports rise on Chevron’s cargoes, more supply to China

Venezuela’s oil exports rose 15 percent to some 867,000 barrels per day in January, driven…

BIZ BUZZ: ‘Hijacking of public assets’

The Philippine National Oil Co. (PNOC) is not ready to concede in its legal tussle…