Phoenix

Top Line Business Development Corp., celebrating its 12th anniversary and holding its first annual stockholders' meeting as a publicly listed company in Cebu City, announced plans to expand with 50 service stations by the end of 2025.

Nine oil companies have committed to providing fuel discounts to drivers of public utility vehicles (PUVs), non-PUVs, and transport network vehicle services (TNVS) amid the fluctuation of global prices, according to the Department of Energy (DOE).

Starting Tuesday, Dec 5, gasoline and kerosene prices will increase by P0.30 per liter and P0.20 per liter respectively, while diesel prices will decrease by P0.30 per liter.

Oil firms will cut pump prices starting Tuesday morning with gasoline decreasing by PHP0.75 per liter, diesel by PHP0.65 per liter, and kerosene by PHP0.60 per liter.

Diesel and kerosene prices will decrease starting October 31, while gasoline prices may slightly increase.

Oil companies are raising pump prices on Tuesday, September 19, marking the tenth straight week of increases for gasoline and eleventh for diesel and kerosene.

Fuel prices will rise for the ninth consecutive week starting Tuesday, September 5.

Gasoline prices will see their eighth consecutive weekly increase on Tuesday, with diesel and kerosene experiencing their ninth.

Oil firms will increase gasoline prices by PHP1.35 per liter and diesel by PHP0.45 per liter starting Tuesday, July 25.

Six companies, including Phoenix Petroleum and DFNN Inc., were suspended from trading by the Philippine Stock Exchange (PSE) on Thursday for failing to submit their annual financial reports despite an extension.