Friday, May 1, 2026
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Tag: LPG

Pryce’s net income edged up to P1.08 billion in first quarter

Energy and industrial firm Pryce Corp. reported a consolidated net income of P1.084 billion in the first quarter of 2026, a slight increase from...

PNOC seeks buyers for 21,000 tons of LPG

State-run Philippine National Oil Co. is seeking expressions of interest for the commercial withdrawal of its liquefied petroleum gas inventory to reinforce domestic supply...

Marcos cuts excise taxes on LPG, kerosene

President Ferdinand Marcos announced Monday that excise taxes on LPG and kerosene would be trimmed to ease the fuel price shock wrought by the...

Mideast war takes a bite out of Filipino street food vendors

Manila, Philippines—Filipinos like their "pares"—a traditional beef stew, served hot—but the soaring cost of liquefied petroleum gas has made that prospect increasingly difficult since war...

PNP chief orders crackdown on LPG hoarding, price manipulation

Philippine National Police chief Jose Melencio Nartatez Jr. has ordered intensified monitoring of liquefied petroleum gas (LPG) retailers to prevent hoarding and profiteering amid...

Pryce’s income jumped 30% to P4b in 2025

Pryce Corp. on Friday reported a 2025 consolidated net income of P4.01 billion, up 30 percent from P3.09 billion it booked in 2024. The listed...

Phoenix reinforces marine conservation

Phoenix Petroleum, through its foundation, joined thousands of volunteers worldwide for the 2025 International Coastal Cleanup on Sept. 20, 2025, reinforcing its drive to...

‘Big-time’ oil price hike seen following US-EU trade pact

Consumers can expect a significant oil price hike next week, by as much as P1.70 per liter for gasoline, as the global oil market...

Pryce reported 4% profit growth in first semester

Pryce Corp. said Thursday its consolidated net income went up 46.1 percent in the first half of 2025 to P1.93 billion from P1.32 billion...

DOE moves to ensure oil products delivery to Samar

The Department of Energy (DOE) on Tuesday moved to ensure uninterrupted supply of petroleum products, including liquefied petroleum gas (LPG), to Samar with the...

Pryce posted P1.06-bin come in first quarter

Pryce Corp. said Monday it posted a 48-percent increase in its first-quarter net income to P1.06 billion from P713.67 million a year ago. Pryce said...

Oil companies cut fuel, LPG prices this April

Petron Corp. and Isla Petroleum cut the price of liquefied petroleum gas or LPG by P0.25 and P0.27 per kilogram, respectively effective April 1,...

DOE: Violators of law against fake LPGs face stiff penalties

The Department of Energy (DOE) warned those selling substandard and generic liquefied petroleum gas (LPG) and violating Republic Act No. 11592, or the LPG...

DOE asks LPG stakeholders to comply with new law

The Department of Energy (DOE) asked liquefied petroleum gas (LPG) industry players to comply with Republic Act No. 11592, or the LPG Industry Regulation...
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