Tag: oil prices

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Petroleum products up by more than P2 per liter

Energy & Mining Context.ph Context.ph -
Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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OpenAI shutters Sora, refocuses on Core AI

Communications & Technology 0
OpenAI said it will discontinue Sora, its high-profile text-to-video app, just six months after launch, underscoring a strategic pivot toward more commercially viable artificial intelligence products.

Gov’t moves to tamp rice prices with P50 per kilo ceiling

Agriculture 0
The National Price Coordinating Council (NPCC) has approved a proposal from the Department of Agriculture to set a temporary price ceiling of ₱50 per kilogram on imported rice (5 percent broken).

Lorenzo Shipping wins SEC nod for capital hike

Corporate 0
Lorenzo Shipping Corporation has secured regulatory approval to double its authorized capital stock to P2 billion, a move that paves the way for the capital infusion of National Marine Corp. (NMC) and further capital raising to fund expansion.

Shell Pilipinas earnings surge on strong execution

Corporate 0
Shell Pilipinas Corp. reported sharply higher earnings in 2025, underscoring stronger operational discipline and improved cash generation despite a volatile energy market backdrop.

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