Jun 242013
 

MANILA, Philippines – Oil companies Petron Corp., Pilipinas Shell, Chevron Philippines and Total Philippines on Tuesday morning implemented another round of fuel price increases.

The oil companies raised the prices of their gasoline products by 45 centavos per liter and diesel and kerosene by 90 centavos per liter at 6 a.m.

Petron said that the latest price increase is based on prices of oil in the international market and the foreign exchange rate.

The increase came a week after the companies increased the prices of the gasoline products by P1.05 per liter, diesel by P1.45 per liter and kerosene by P1.30 per liter.

Jun 142013
 
Pilipinas Shell claims it added chemical that gives odor to Two Serendra LPG supply

The supplier of the liquefied petroleum gas to Two Serendra has claimed that the LPG it provided the condo complex had an additive meant to give the gas a distinct odor. “We do inject a chemical additive called ethyl mercaptan in what we supply,” Roberto Kanapi, vice president for communication of Pilipinas Shell, told GMA News Online. He added that, “We even inject more than what is required by ASTM (American Society for Testing Material).” Investigators have been trying to determine why the tenant of the condo unit which got blown away in a powerful blast at Two Serendra on May 31 did not notice any smell that would have served as a sign that LPG was leaking in the supply pipes. Fort Bonifacio Development Corporation (FBDC), the main developer of 240-hectare Bonifacio Global City, chose Pilipinas Shell as its joint venture partner with Bonifacio Gas Corporation in the supply and building of piped gas installations in the development.  Bonifacio Gas, incorporated on November 12, 1998, was formed to build and operate an underground pipeline network that will provide a centralized gas distribution system within the Bonifacio Global City. FBDC is backed by the Bases Conversion Development Authority, Ayala Land Inc. (ALI) and Evergreen Holdings Inc. of the Campos Group. On June 7, Interior Secretary Mar Roxas II said a gas leak, not a bomb, was the most likely cause of the May 31 explosion, which left three people dead and six others injured. The DILG order prompted ALI to Read More …