From the News! - Your Daily News » Oil http://fromthenews.net Sat, 07 Mar 2009 17:35:02 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Oil drops 6% to 15-month low http://fromthenews.net/oil-drops-6-to-15-month-low.htm http://fromthenews.net/oil-drops-6-to-15-month-low.htm#comments Fri, 17 Oct 2008 08:16:26 +0000 ripchord http://fromthenews.net/?p=4870 by Reuters
from Inquirer.net

NEW YORK— Oil prices fell more than 6 percent to below $70 a barrel on Thursday, touching a 15-month low on rising US inventories and concerns a possible recession would slow demand further.

The Dow… Read the rest

]]> http://fromthenews.net/oil-drops-6-to-15-month-low.htm/feed 0 Fuel-saving plan gets green light http://fromthenews.net/fuel-saving-plan-gets-green-light.htm http://fromthenews.net/fuel-saving-plan-gets-green-light.htm#comments Thu, 09 Oct 2008 01:16:55 +0000 ripchord http://fromthenews.net/?p=4917 Roy Pelovello
Manila Standard

President Arroyo yesterday approved the Philippine Energy Efficiency Project, which will replace oil imports with local fuel thus saving the government $120 million annually.

More savings can be realized once the Renewable Energy Bill, just… Read the rest

]]> http://fromthenews.net/fuel-saving-plan-gets-green-light.htm/feed 0 ‘Roll back oil prices or face windfall tax’ http://fromthenews.net/roll-back-oil-prices-or-face-windfall-tax.htm http://fromthenews.net/roll-back-oil-prices-or-face-windfall-tax.htm#comments Wed, 08 Oct 2008 09:29:59 +0000 ripchord http://fromthenews.net/?p=5051 Aurea Calica
Philippine Star

Calls for oil companies to roll back fuel prices mounted yesterday as Sen. Juan Ponce Enrile said these firms must be taxed for excess profits if they refuse to bring down prices.

The House of… Read the rest

]]> http://fromthenews.net/roll-back-oil-prices-or-face-windfall-tax.htm/feed 0 RP makes front page of Post http://fromthenews.net/rp-makes-front-page-of-post.htm http://fromthenews.net/rp-makes-front-page-of-post.htm#comments Mon, 06 Oct 2008 09:58:22 +0000 ripchord http://fromthenews.net/?p=5067 Jose Katigbak, STAR Washington bureau
Philippine Star

WASHINGTON – It’s not often that good news from the Philippines makes a prominent splash in a major US daily, but a story on the billions of dollars saved by the country… Read the rest

]]> http://fromthenews.net/rp-makes-front-page-of-post.htm/feed 0 Business group warns gov’t against audit of oil companies http://fromthenews.net/business-group-warns-govt-against-audit-of-oil-companies.htm http://fromthenews.net/business-group-warns-govt-against-audit-of-oil-companies.htm#comments Sun, 21 Sep 2008 09:11:19 +0000 ripchord http://fromthenews.net/?p=5042 Ma. Elisa P. Osorio
Philippine Star

Local industries have warned that a government audit of oil firms could send the wrong signal to potential investors that the state is intervening in deregulated industries.

Jesus L. Arranza, president of the… Read the rest

]]> http://fromthenews.net/business-group-warns-govt-against-audit-of-oil-companies.htm/feed 0 DOE bucks repeal of oil deregulation law http://fromthenews.net/doe-bucks-repeal-of-oil-deregulation-law.htm http://fromthenews.net/doe-bucks-repeal-of-oil-deregulation-law.htm#comments Thu, 18 Sep 2008 07:14:36 +0000 ripchord http://fromthenews.net/?p=4975 Delon Porcalla
Philippine Star

The Department of Energy (DOE) will not support proposals to repeal the Oil Deregulation Law, largely blamed for the unabated oil price increases in the country, Energy Secretary Angelo Reyes told the House committee on… Read the rest

]]> http://fromthenews.net/doe-bucks-repeal-of-oil-deregulation-law.htm/feed 0 Oil firms lower pump prices by P1 per liter http://fromthenews.net/oil-firms-lower-pump-prices-by-p1-per-liter.htm http://fromthenews.net/oil-firms-lower-pump-prices-by-p1-per-liter.htm#comments Sat, 30 Aug 2008 08:32:46 +0000 ripchord http://fromthenews.net/?p=4815 Euan Paulo C. Añonuevo
Manila Times

Oil firms are expected to reduce rates at the pumps, even as world crude prices recovered because of a hurricane threatening the US Gulf Coast.

In separate announcements Friday, Petron Corp., Pilipinas Shell… Read the rest

]]> http://fromthenews.net/oil-firms-lower-pump-prices-by-p1-per-liter.htm/feed 0 Oil industry regulation, why not? http://fromthenews.net/oil-industry-regulation-why-not.htm http://fromthenews.net/oil-industry-regulation-why-not.htm#comments Mon, 28 Jul 2008 08:14:56 +0000 ripchord http://fromthenews.net/?p=4749 Dan Mariano
Manila Times

Get ready to start hearing more and more of “demand destruction.” It is a phrase that market analysts bandy about as a shortcut for the declining demand for oil and its byproducts.

Last Friday,… Read the rest

]]> http://fromthenews.net/oil-industry-regulation-why-not.htm/feed 0 Diesel goes up by P3; gasoline up anew by P1 http://fromthenews.net/diesel-goes-up-by-p3-gasoline-up-anew-by-p1.htm http://fromthenews.net/diesel-goes-up-by-p3-gasoline-up-anew-by-p1.htm#comments Sat, 19 Jul 2008 15:58:41 +0000 ripchord http://fromthenews.net/?p=4623 Donnabelle Gatdula
Philippine Star

As world crude prices soften, a whopping P3 per liter increase in diesel prices is being implemented this weekend, the highest increase so far in the fuel used by most mass transporation vehicles.

The oil… Read the rest

]]> http://fromthenews.net/diesel-goes-up-by-p3-gasoline-up-anew-by-p1.htm/feed 0 Task force created to probe oil firms’ pricing practices http://fromthenews.net/task-force-created-to-probe-oil-firms%e2%80%99-pricing-practices.htm http://fromthenews.net/task-force-created-to-probe-oil-firms%e2%80%99-pricing-practices.htm#comments Tue, 15 Jul 2008 07:58:50 +0000 ripchord http://fromthenews.net/?p=4609 Euan Paulo C. Añonuevo
Manila Times

The government has organized a taskforce that will monitor oil firms’ price adjustments in light of the soaring price of crude in the world market.

In a statement, the Department of Energy said… Read the rest

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