• department_of_energy News Blog
• Philippines Blog
department_of_energy Real Estate Listings 		Philippines flag

Asia. Travel. Investments. Real Estate. News.
department_of_energy English News Blog for  Philippines News Blog July Archive 
Please note that these news blogs are personally written for this site and are not computer generated excerpts

Login or Register
DCE6CF,DCE6CF,DCE6CF
Related Resources
DCE6CF,DCE6CF,DCE6CF
Tags
Blog Roll:
department of energy Archives: • July, 2008 •

Big 3 posted 70-billion-peso profit since 1998

By Website Introductions at 07/21/08 00:16

Since the inception of the Oil Deregulation Law in 1998, the Philippines' Big Three oil companies, Shell, Petron, and Caltex, have posted a net profit of around 70 billion pesos, or nearly 2 billion dollars. This is according to First District of Cebu Representative Eduardo Gullas.

He asked the Department of Energy to be investigate these companies, citing the possible abuse that they have done in the light of the rapid increase of oil price in the world market.

News: ABS-CBN News Online (Beta)

Tags: oil company profits • department of energy • oil deregulation law • oil prices •
0 Comments. - Permalink
department of energy Archives: • July, 2008 •

0
For the full benefit of Philippines News Blog website please register and login. You can upload your photos and interact with other users better.

Login with Email: Password:
Not a member? Register: Register for Philippines News Blog

Note: once you register your email address with Philippines News Blog it is used across our whole network of forums and blogs. You can create seperate profiles for each forum or blog, but use the same login.


Asia English News Digests for: Malaysia • The Philippines • Vietnam

Please view original source for complete details on items digested here.

Copyright (c) 2007-2009 GLR Sales LLC.


(rozwqrzurzyi)

Privacy Policy
department of energy Philippines News Blog July Archive