SK Innovation and GS Caltex also declined to comment. SK Energy Co., which operates South Korea’s biggest oil refinery, is diversifying its crude shipments due to geopolitical risks in the ...

In separate advisories on Monday, Shell Pilipinas, Caltex, PetroGazz ... “Russia’s oil refinery business is at risk of plant closure amid heavy losses [and] lower production,” Romero ...

The government has attributed this fuel price increase to several factors such as escalating geopolitical tensions involving Russia where there are risks of plant closures in the oil refinery ...

Oil companies increased the pump prices of fuel by more than P1.00 on Tuesday, November 26, after a meager rollback last week.The price ...