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Former National Economic Development Authority director general and University of the Philippines' economics professor Solita "Winnie" Monsod is to testify in a court hearing on Monday on charges of price manipulation against the Big Three oil companies.
18:01:18 2009-11-21
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AUSTRALIAN FIRM OTTO ENERGY LTD. IS eyeing three more prospects in the Galoc oil field in offshore Palawan, to further boost production.
23:25:43 2009-11-19
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LONDON—World oil prices fell on Tuesday as the dollar strengthened and after recent gains for crude partly spurred by hopes of improved energy demand, analysts said.
20:56:37 2009-11-17
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Petrobras on Monday announced a new find of light crude oil in the huge Campos basin area in the southeast, potentially as much as 25 million barrels.
09:20:01 2009-11-17
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(UPDATE) The president of Organization of the Petroleum Exporting Countries (OPEC) told reporters Monday that $75 to $80 a barrel of oil is a satisfactory price.
16:47:48 2009-11-16
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PETRON POSTED A NET INCOME OF P3.37 billion in the first nine months of 2009, a turn around from a record loss of P3.9 billion last year.
21:53:51 2009-11-12
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THE CEBU CITY Council is inviting representatives of the country’s major oil companies to explain reported discrepancies in fuel prices between Cebu and the rest of the country.
10:51:04 2009-11-12
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THE Cebu City government has prepared a check of P18.1 million to settle its fuel bills.
10:50:58 2009-11-12
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Three police investigators chipped in P100 each to buy diesel for their patrol car.
08:57:18 2009-11-11
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PRODUCTION AT THE GALOC oil field finally resumed last Monday, after Galoc Production Co. WLL completed repairs on the Floating Production Storage and Offloading (FPSO) facility.
23:13:21 2009-11-10
