Eastern Petroleum - updates

Rappler's latest stories on Eastern Petroleum


Eastern Petroleum, Russian automaker to launch vehicles in PH

Feb 25, 2018 - 10:10 PM

The local oil firm will be the exclusive distributor of GAZ commercial vehicles in the Philippines

FLEET MODERNIZATION. The two firms also agree that GAZ Group would supply in the country Gazelle Next buses, which fully meet the requirements of the government's fleet modernization program. Screenshot from http://gazglobal.com/

Oil firms cut prices for 2nd straight time

Feb 18, 2018 - 8:40 PM

The price of gasoline goes down by P1.05 per liter, diesel by P1.25 per liter, and kerosene by P1.20 per liter on Sunday, February 18

OIL ROLLBACK. Motorists gas up at a gasoline station in Paco, Manila on January 10, 2018. Photo by Ben Nabong/Rappler

Oil price rollback set for July 19

Jul 18, 2016 - 5:24 PM

Shell Phoenix and Eastern Petroleum announce a P0 55 liter cut for gas P0 75 liter for diesel

Oil firms roll back prices

Nov 23, 2015 - 8:16 PM

The latest price adjustments reflect the continuous downward trend in world oil prices

DOWNWARD TREND. Eastern Petroleum chairman and CEO Fernando L. Martinez says, “while analysts around the world are expecting the supply surplus to continue through next year and up until the first half of 2017, still no one can tell or project how long this downward trend will continue." Image from Shutterstock

Oil firms slash prices for 8th consecutive week

Aug 10, 2015 - 8:06 PM

The oversupply situation and downward trend in world oil prices continue to pressure local pump prices to go down further

Eastern Petroleum expects 2014 sales to hit P5B

Dec 06, 2013 - 4:46 PM

Eastern Petroleum Corporation expects its growth next year to be fueled by its LPG business

HITTING TARGETS. Eastern Petroleum Corporation is confident in its prospects for next year. Image from EPC website

Construction of Eastern Petroleum plant starts in Q3

Feb 10, 2013 - 11:27 AM

Independent oil company Eastern Petroleum is diversifying its sources of energy through a US 60 M biomass power plant in Agusan del Sur

GREEN ENERGY. Independent oil company Eastern Petroleum Corp. is diversifying its sources of energy through a US$60-M biomass power plant in Agusan del Sur, set to begin construction in Q3 of 2013. Photo courtesy of Eastern Petroleum Corp.