BusinessWorld
April 16, 2021 | 7:02 pm
A SENATOR on Friday asked the Energy department to explain its decision allowing the transfer of the 45% stake of Chevron Philippines, Inc. in the Malampaya gas-to-power project to a unit of Udenna Corp., citing irregularities in the transaction.
Senator Sherwin T. Gatchalian, chair of the Senate Committee on Energy, said UC Malampaya Pte. Ltd.’s acquisition of Chevron’s 45% share in the gas field was completed even if the Dennis A. Uy-led firm failed to submit necessary documents to the Department of Energy (DoE).
The divestment was approved on March 11, 2020 despite the fact that “it was only on Oct. 28 last year that the DoE has been officially provided with the documents on the Malampaya share’s divestment,” Mr. Gatchalian said in a statement.
Posted on April 9, 2021 by Blog Feature // 0 Comments
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Caltex, marketed by Chevron Philippines Inc. (CPI), and digital financial services leader PayMaya gave away P700,000 worth of prizes to raffle winners who paid using PayMaya QR for their transactions at Caltex stations nationwide.
A total of 151 customers were deemed winners through an electronic raffle draw and were officially announced at PayMaya’s Facebook page. Josephine Sy Gortega of Quezon City took home the grand prize amounting to P100,000, while 150 winners received prizes worth P1,000 or P10,000 which were credited to the winners’ registered PayMaya accounts.
The #ScanToPay promo, which ran from December 1, 2020 to February 28, 2021, is Caltex and PayMaya’s initiative to reward loyal customers who utilized safe and rewarding contactless payment with PayMaya QR. To earn one raffle entry, customers needed to #ScanToPay at least P100 via PayMaya QR at selected Caltex stations nationwide.
January 22, 2021 | 9:30 am Font Size
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Lipa City residents now have more access to Caltex’s clean and quality fuels with the rise of the new 18-pump fueling station in Barangay Inosluban.
Clean and high-quality fuels are now made available in more provinces as Caltex, marketed by Chevron Philippines Inc. (CPI), recently opened new service stations in Pampanga, Pangasinan, Bataan, Batangas, Cebu, and Bukidnon in support of the reopening of the economy. This brings the total number of newly-opened Caltex stations in 2020 to 30.
Caltex presently has a growing retail structure composed of nearly 650 retail stations across the archipelago, a figure that is expected to climb as Caltex opens more stations this year. This is a testament to the success of its retailer-owned retailer-operated business model.
Published January 16, 2021, 2:40 PM
More than 17 billion liters of fuel were marked in 2020 under the Fuel Marking Program, a drive to curb fuel smuggling in the country, the Bureau of Customs said.
A total of 17.55 billion liters of petroleum products from various fuel companies in the country were marked from Sept. 4, 2019 to Dec. 31, 2020.
According to the bureau, this is equivalent to P147.78 billion and P23.94 billion of duties and taxes collected by the Customs bureau and the Bureau of Internal Revenue (BIR).
“For 2020 alone, 15.69 billion liters of fuel were marked equivalent to P109.36 billion and P21.81 billion duties and taxes collected by BoC and BIR,” the bureau said.
January 15, 2021 | 7:00 am Font Size
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Caltex continuously expands its retail network by opening 30 more service stations across the Philippines in 2020.
New leadership sees 2021 breakthrough with more expansion as economy recovers
Chevron Philippines Inc. (CPI) concludes 2020 strong by opening more than two stations per month, launching new products, partnerships, promotions, and social investment programs aimed at delivering quality services for Filipinos.
Caltex, CPI’s fuel brand, added 30 new service stations to its retail network, contributing to its growing footprint nationwide. Caltex service stations also remained open amidst the series of lockdowns to ensure continuous supply of clean and quality fuels for the motoring public.