About Us

The Philippine Institute of Petroleum

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; Pilipinas Shell Petroleum Corporation; PTT Philippines Corporation; and Total Philippines Corporation.

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News and Events

PIP WISE Successfully Conducts Oil Spill Response Exercise to Enhance Readiness and Preparedness

PIP WISE Successfully Conducts Oil Spill Response Exercise to Enhance Readiness and Preparedness

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….

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Published: 04 August 2024

Source: DOE Website WORLD OIL PRICES (July 22-26, 2024, trading days) The week-on-week price of Dubai crude has decreased by about $2.90 per barrel. The international price of gasoline, diesel and kerosene have also decreased week-on-week by about $2.40, $2.20 and $2.00 per barrel, respectively. Reasons for the Price Adjustment1…

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PIP Current Advocacies

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  • Office Address

    Unit 304-B Centrum 2 Building, 150 Valero Street, Salcedo Village, Makati City

  • Telephone Number

    +632 8 846-6077
    +632 8 846-9908