Phoenix Petroleum to Construct Zamboanga Storage Facility
10.20.2010 - NEWS
October 20, 2010 [Manila Bulletin] - Filipino-owned Phoenix Petroleum Philippines Inc. is putting up a petroleum products storage facility in Talisayan, Zamboanga City.

With an investments of P123 million, Phoenix will put a 4.9 million liter-storage facility for petroleum products including bio-diesel, gasoline and jet fuel to serve the demands in the south.

The project was granted tax and fiscal incentives by the Board of Investments.

Phoenix, which also operates gas stations, said it will source its products from foreign oil companies and independent suppliers like Singapore Petroleum Corporation, Oronite Singapore, Petronas Malaysia and Formosa Petroleum Taiwan.

It will also engage in marketing and selling of petroleum products or fuels on wholesale basis through tankers and trucks to its own retail stations and other companies and industrial users in Mindanao specifically in Zamboanga.

The firm’s other major clients include YL Fishing, Escudero Trucking, Galactic Shipping Corporation and Metro Dizel Corporation.

The proposed project will generate a labor force of 12 personnel when commercial operation begin next month.

Kazakhstan Considers New Oil Refinery by 2030 to Process 10 Million Tons
01.22.2025 - NEWS
January 22, 2025 [Astana Times]- The Kazakh Energy Ministry stressed the need to build a new oil ... Read More
Norwegian Hydrogen Acquires Green Hydrogen Project from Aker Horizon and Inks Deal with Nel
01.22.2025 - NEWS
January 22, 2025 [H2 View]- Norwegian Hydrogen has acquired Aker Horizon’s hydrogen project in ... Read More
Topsoe to Provide Tech for Chinese SAF Project
01.22.2025 - NEWS
January 22, 2025 [Biofuels International]- Topsoe has signed an agreement with Chuangui New Energ... Read More
Argentina's YPF Signs Deal with Indian Firms to Export LNG
01.22.2025 - NEWS
January 22, 2025 [Reuters]- Argentina’s state-run oil company YPF signed a memorandum of u... Read More