We are a non-stock, non-profit SEC registered grouping of businesses, operating in the downstream oil industry in the Philippines. We are an independent body representing the common interests of our members with different publics.
Our Member companies include: Chevron Philippines Inc; Isla LPG Corporation; Petron Corporation; Shell Pilipinas Corporation; PTT Philippines Corporation; and Total Philippines Corporation.
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The Philippine Institute of Petroleum (PIP) has successfully completed its latest oil spill response exercise, marking the second of three drills conducted annually under the WISE (Waterborne Industry Spill Equipment) agreement amongst PIP members -Chevron Philippines, Petron Corporation, Shell Philippines Corporation, Total Philippines, PTT Philippines, and Isla Petroleum and Gas….
Read MoreSource: DOE Website WORLD OIL PRICES (January 13-17, 2025, trading days) The week-on-week price of Dubai crude has increased by around $6.23 per barrel. The international prices of gasoline, diesel and kerosene have also increased by about $3.05, $5.61 and $5.45 per barrel, respectively. Reasons for the Price Adjustment The…
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