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Shell Pilipinas profit tumbles to P1.2 billion in 2023

The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Malampaya

Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Sandigan junks ex-Palawan execs’ bid to dismiss raps

The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Pagluto sa gas stove, may epekto sa kalusugan

Ang pagluluto sa gas stove ay may dala palang "potential hazard." The post Pagluto sa gas stove, may epekto sa kalusugan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 6th, 2024

Senado kinalampag sa natural gas industry bill

Pinaaapura ng dalawang kongresista sa Senado ang pagpapatibay ng panukala upang mailatag ang polisiya ng gobyerno sa natural gas industry. The post Senado kinalampag sa natural gas industry bill first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Mandaue City dad pushes ‘heat break’ for field workers

MANDAUE CITY, Philippines — A councilor in Mandaue City is advocating for a ‘heat break’ for the city’s field personnel to shield them from extreme heat and ensure a safe and conducive work environment. Councilor Joel Seno proposed his resolution during the city council’s regular session on Monday, April 22. Under the draft resolution, field.....»»

Category: newsSource:  inquirerRelated NewsApr 22nd, 2024

Philippines rescuers find girl alive 60 hours after landslide - Philippines

Three-year-old has given fresh hope of finding more survivors in a gold-mining village where death toll has climbed to 27 The rescue of a child nearly 60 hours after a landslide hit a gold-mining village in the southern Philippines has been hailed as a miracle after searchers had given up hope of finding more survivors. The girl, who the Philippine Red Cross said was three years old, had been among scores of people missin.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

New Delhi raises target for defense exports

India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF

Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Justice still elusive as environmental activists, journalists commemorate 13th death anniversary of Gerry Ortega

Ortega was known to courageously oppose influential mining aimed at exploiting the natural resources of Palawan. His colleagues firmly believe that the broadcaster was killed for reporting on the misuse of the Malampaya fund by the local government at that time. The post Justice still elusive as environmental activists, journalists commemorate 13th death anniversary of Gerry Ortega appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

Senate pressed on bill to develop natural gas

Senators are being urged to immediately deliberate on a pending legislation that would put in place state policy for the full development of the Philippine natural gas industry......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Four die from gas poisoning in Nueva Vizcaya

Three persons, believed to be treasure hunters, and a village official died from methane gas poisoning in a tunnel in Purok 3, Barangay Magsaysay Hill in this town on Monday......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Senate urged to act swiftly on bill to develop natural gas

The Senate should take swift action on a proposed legislation that would lay down state policy for the full development of the Philippine natural gas industry as the measure is a legislative priority of President Marcos, according to key members of the House of Representatives......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Taal Volcano back to spewing high-volume of toxic gas

LUCENA CITY, Philippines  – After spewing lower volumes of sulfur dioxide (SO2) for the past five days, Taal Volcano in Batangas province again emitted a high level of toxic gas on Saturday, March 23. A total of 14,287 metric tons (MT) of SO2 from Taal’s main crater was measured over the past 24 hours and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024