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Latest Philippines Oil & Gas News

  • Gasoline pump prices up again 17 May 2008 09:15 GMT
    ... MANILA, Philippines -- The local oil firms announced they have raised pump prices ... under-recovery of increases in global prices of petroleum products. Prices of liquefied petroleum gas have ...

  • Govt 07 RVAT collection reaches P88.93B 17 May 2008 07:35 GMT
    ... Pulse Data Source via COMTEX) -- The Philippine government was able to exceed its Reformed ... billion. It is negatively affected by lower oil industry output, P2.5 billion lower, he said. ... specifically reduced collections from raw materials for petroleum products by P3.7 billion after it only ...

  • Rain pushes Myanmar death toll higher 17 May 2008 03:08 GMT
    ... mapped out a similar EPA with the Philippines, but it has yet to be ratified ... Friday followed the announcement of two major oil players of an increase in the pump prices of its petroleum products effective Saturday. abs-cbnNEWS.com What good are ...

  • Jordan, GNEP plan for nuclear energy 17 May 2008 02:18 GMT
    ... PM Bush asks Saudi Arabia to increase oil output; Venezuela threatens a spike in oil ... Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and ... conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. Published: May 14, ...

  • India's L&T signs deal with GE 17 May 2008 01:35 GMT
    ... PM Bush asks Saudi Arabia to increase oil output; Venezuela threatens a spike in oil ... Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and ... conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. Published: May 14, ...

  • British Energy shares up on new bids 17 May 2008 01:35 GMT
    ... PM Bush asks Saudi Arabia to increase oil output; Venezuela threatens a spike in oil ... Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and ... conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. Published: May 14, ...

  • Time to convene a summit on oil: Financial Times 17 May 2008 00:58 GMT
    ... Time to convene a summit on oil: Financial Times KARACHI (May 17 2008): World's leading ... could constrain demand by passing through higher oil prices to factories and motorists, rather than increasing ... of countries such as Pakistan, Bangladesh and Philippines," he said. ...

  • Otto to sell $15M in shares for exploration plans 17 May 2008 00:29 GMT
    ... MANILA, Philippines—Australian firm Otto Energy Ltd. will issue 38.46 ... the first cash flow from the Galoc oil field off the northwest area of Palawan Island, ...

  • Social services may get a boost from rising oil prices 16 May 2008 23:10 GMT
    ... MANILA, Philippines—An estimated P18.6-billion increase in value-added tax (VAT) ... increase in value-added tax (VAT) collection on oil, brought on by soaring oil prices, should be used to augment government funds ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... Healthcare 0.14% Chemicals 0.10% Public Utilities - Gas 0.10% Food/Beverage 0.08% Petroleum Products 0.06% Building/Real Estate 0.04% Communications-fixed 0.04% ... Mexico 1.68% Turkey 1.49% United Kingdom 1.21% Philippines 0.88% South Africa 0.80% Indonesia 0.67% Argentina ...

  • ACM Managed Dollar Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... 2.21% 5) Brazil 8.88% (10/14/19) 2.11% 6) Philippines 9.88% (01/15/19) 2.00% 7) Hy Total Return ... Automotive 2.92% Public Utilities - Elec & Gas 2.88% Cable 2.70% Energy 2.42% Metals/Mining 2.20% ... 1.04% Retail 0.93% Communications-fixed 0.91% Supermarket/Drug 0.89% Petroleum Products 0.87% Food/Beverage 0.84% Entertainment/Leisure 0.82% Communications ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... 1.88% 6) Brazil 12.50% (01/05/22) 1.79% 7) Philippines 9.88% (01/15/19) 1.68% 8) Philippines 8.25% (01/15/14) ... Healthcare 1.76% Public Utilities - Elec & Gas 1.73% Gaming 1.68% Communications-Mobile 1.59% Industrial 1.56% ... 1.73% Gaming 1.68% Communications-Mobile 1.59% Industrial 1.56% Petroleum Products 1.55% Service 1.53% Technology 1.34% Broadcasting/Media ...

  • India's PFC inks pact with Exim Bank 16 May 2008 20:49 GMT
    ... OPEC cuts estimate of growth in world oil demand for 2008; The United Arab Emirates' ... Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and ... conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. Published: May 14, ...

  • 10 hurt in blast caused by leak in LPG tank 16 May 2008 20:39 GMT
    ... MANILA, Philippines – Ten persons, including a 3-year-old girl, ... girl, were injured when a leaking liquefied petroleum gas (LPG) tank caused an explosion before noon ...

  • India Oil to shelve refinery proposal 16 May 2008 20:34 GMT
    ... OPEC cuts estimate of growth in world oil demand for 2008; The United Arab Emirates' ... Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and ... conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. Published: May 14, ...

  • Upcoming Jatropha "Food vs. Fuel" Webcast to Address Investor Concerns 16 May 2008 19:27 GMT
    ... has the potential to become the 'New Oil.' It is non-toxic, biodegradable, and made from renewable resources ... based projects in Colombia, Ghana and the Philippines. These projects are conducted on marginal, underutilized ... organized industry specific conferences on Liquid Natural Gas, and LPG, ground breaking summit on technologies ...

  • PHILIPPINES GOVT'S 07 RVAT COLLECTION REACHES US$2.1 BILLION 16 May 2008 17:47 GMT
    ... 16, 2008 (AsiaPulse via COMTEX) -- The Philippine government was able to exceed its Reformed ... billion. "It is negatively affected by lower oil industry output, P2.5 billion lower," he said. ... specifically reduced collections from raw materials for petroleum products by P3.7 billion after it only ...

  • ASIAN MARKETS - ASIAN SHARES CLOSE BROADLY HIGHER - May 16, 2008 16 May 2008 13:32 GMT
    ... dollar and a slight easing in crude oil prices, dealers said. Notably two of the largest ... points to end the week at 870.33. Philippine shares closed little changed after investors pocketed ...

  • Asian stocks end mixed as Nikkei retreats, BHP lifts Sydney market - UPDATE 16 May 2008 11:33 GMT
    ... highs, while South Korea, Malaysia and the Philippines were little changed. China also reversed gains ... on Wall Street and a pullback in oil prices overnight encouraged buying early in the day. ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Asian stocks end mixed as Nikkei retreats, BHP lifts ydney market - UPDATE 16 May 2008 11:26 GMT
    ... highs, while South Korea, Malaysia and the Philippines were little changed. China also reversed gains ... on Wall Street and a pullback in oil prices overnight encouraged buying early in the day. ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Asian stocks turn mixed as Nikkei retreats, BHP lifts Sydney market - UPDATE 16 May 2008 11:18 GMT
    ... highs, while South Korea, Malaysia and the Philippines were little changed. China also reversed gains ... on Wall Street and a pullback in oil prices overnight encouraged buying early in the day. ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • SE Asian Stocks-Property stocks rise; Thailand hits 6-mth high 16 May 2008 10:45 GMT
    ... Indonesian stocks .JKSE gained 0.78 percent while Philippine were up 0.5 percent but Vietnam .VNI ... after recent contract wins and on higher oil prices, dealers said. Sembcorp Marine (SCMN.SI: ), the ... Subhani) © Thomson Reuters 2008 All rights reserved ...

  • BRIEFING - ASIA INFRASTRUCTURE - MAY 16, 2008 16 May 2008 10:39 GMT
    ... investment and construction frenzy because of record oil prices and his company intends to take full ... LIMKETKAI SONS FASTTRACKS 4-STAR HOTEL COMPLEX IN PHILIPPINES MANILA - Limketkai Sons, Inc. fast tracked ...

  • JAPANESE NEWSPAPER HIGHLIGHTS - MAY 16, 2008 16 May 2008 10:39 GMT
    ... an 8 per cent stake in Irkutsk Oil Co., a Russian firm that will launch an oil ... businesses, such as insurers, repair shops and gas stations, but also affect the nation's road-building ... exporting 50,000 tons of rice to the Philippines in light of a request from the ...

  • BRIEFING - ASIA ENERGY - MAY 16, 2008 16 May 2008 10:39 GMT
    ... MAY RAISE THRESHOLD FOR WINDFALL TAX ON OIL GAINS BEIJING - Chinese government is considering raising ... how much the threshold would be raised. PHILIPPINES FIRST GAS DENIES ENGAGING IN GHOST POWER DELIVERIES MANILA ...


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