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Malaysia, Indonesia to help Philippines settle palm oil dumping

Mar 28, 2019 - 3:40 PM

Malaysia and Indonesia, the two sources of the Philippines' palm oil imports, agree to help combat further dumping and smuggling of the product

This picture taken in Kampar on August 20, 2018 shows a palm oil farmer collecting palm oil seeds in Kampar, Riau province. - Indonesian palm oil farmer Kawal Surbakti says his livelihood is under attack, but the threat is not from insects or hungry orangutans eating his prized crop. Half a world away, the European Parliament is moving to ban the use of palm oil in biofuels, while British grocer Iceland has announced it will stop using the commodity over concerns that it causes widespread environmental destruction. (Photo by WAHYUDI / AFP) / TO GO WITH Indonesia-Malaysia-EU-environment-food-agriculture, FOCUS by Ridwan Nasution and M. Jegathesan

U.S. court halts construction of Keystone XL oil pipeline

Nov 09, 2018 - 2:53 PM

The ruling by Judge Brian Morris of the US District Court for the District of Montana deals a stinging setback to Trump and the oil industry and serves up a big win for conservationists and indigenous groups

NO. In this file photo, demonstrators march to the Federal Building in protest against US President Donald Trump's executive order fast-tracking the Keystone XL and Dakota Access oil pipelines, in Los Angeles, California on February 5, 2017. File photo by Mark Ralston/AFP

DOE to gas stations: Don't take advantage of tax reform law

Jan 10, 2018 - 8:10 PM

Energy Secretary Alfonso Cusi warns that the government would cancel the certificate of compliance (COC) of violators

HIGHER PRICES. A man holding a petrol pump nozzle at one of Shell's gasoline filling stations. Photo from AFP

Electric cars to weaken demand for petrol within the decade – report

Feb 02, 2017 - 2:41 PM

Fossil fuel companies are underestimating growth of electric car industry says a report by financial think tank Carbon Tracker

MODEL S. A Tesla Model S P100D is shown at a press event for CES 2017 at The Pavilions at Las Vegas Market on January 3, 2017 in Las Vegas, Nevada. Photo by Ethan Miller/AFP

Malaysian investors eye more palm oil plantations in PH

Nov 11, 2016 - 1:52 PM

Malaysian businessmen want to develop 300 000 hectares of land in the Philippines into palm oil plantations a wish expressed during President Duterte s visit to Malaysia

PALM OIL'S PROMISE. Malaysian investors eye increasing investments in palm oil in the Philippines. AFP file photo of a palm oil plantation in Sumatra island

SEC approves Shell's IPO

Sep 28, 2016 - 12:45 PM

This could be one of the largest maiden share offerings in the Philippines

MANDATORY. Pilipinas Shell's planned share sale is in compliance with the Oil Deregulation Law of 1998, requiring oil refiners to list 10% of their shares in the local stock market. Rappler file photo

Pilipinas Shell to raise P29.7B through IPO

Jul 26, 2016 - 3:01 PM

Under the mandate of the Oil Industry Deregulation Act of 1998 Shell’s IPO should have been completed by 2002

MANDATORY. Pilipinas Shell's planned share sale is in compliance with the Oil Deregulation Law of 1998, requiring oil refiners to list 10% of their shares in the local stock market. Rappler file photo

Chevron announces $36.8B Kazakh oil expansion

Jul 06, 2016 - 3:05 PM

Kazakh energy minister Kanat Bozumbayev says the project will create more than 20 000 new jobs and boost oil production

(FILES) This file photo taken on October 29, 2015 shows the Chevron logo displayed at a Chevron station in San Rafael, California.  US oil giant Chevron announced July 5, 2016 a $36.8 billion expansion project in Kazakhstan, the first major investment in petroleum production to be greenlighted since the oil-price rout. The expansion of the massive Tengiz project will increase production by about 260,000 barrels a day of oil-equivalent to reach about one million barrels a day, said Chevron, which holds 50 percent of Tengizchevroil company.  / AFP PHOTO / GETTY IMAGES NORTH AMERICA / JUSTIN SULLIVAN

Shell IPO happening in 2016?

Aug 24, 2015 - 6:00 PM

Under the mandate of the Oil Industry Deregulation Act of 1998 Shell’s IPO should have been completed by 2002

Saudi projects big deficit as oil price drop bites

Dec 25, 2014 - 10:18 PM

The Saudi government projects a 38 6 billion deficit but says it will not raise oil prices

Jokowi takes on Indonesia's Oil Mafia

Nov 19, 2014 - 3:35 PM

The fuel subsidy cut is a warning to top figures the party’s over

Romeo Gacad/File/AFP

Shell IPO late by 12 years now — DOE

Oct 05, 2014 - 5:39 PM

Pilipinas Shell cites poor market condition for the IPO delay although a government resolution says it is not bound to list itself at the stock exchange

IPO. Shell's IPO may happen soon, if all goes according to plan. File Photo.

Amazon deforestation due in part to soybean growing

Sep 18, 2013 - 5:00 PM

Despite a moratorium Brazil s huge soybean industry is still indirectly responsible for the felling of trees in the Amazon

SOYBEAN HARVEST. Combine harvesters crop soybeans during a demonstration for the press, in Campo Novo do Parecis, about 400km northwest from the capital city of Cuiaba, in Mato Grosso, Brazil, on March 27, 2012. AFP/Yasuyoshi Chiba

PH to enjoy low inflation until 2016, says economist

Oct 15, 2012 - 5:41 PM

Victor Abola of the University of Asia and the Pacific said the Philippines will largely be spared from external threats in the medium term citing improving local food and fuel prices