MAJOR PLAYERS OF FUEL OIL IN THE PHILIPPINES

BACIT, LOIS DARREN P.

CASE STUDY IN INDUSTRIAL PLANT ENGINEERING
ENGR. BIENVENIDO D. MANUNTAG

ABSTRACT
According to the data from the Department of Energys (DOE)Oil Supply/Demand
Report, the major players such as Petron Corporation, Chevron Philippines, and Pilipinas
Shell Petroleum Corporation, got 60.4 percent share of market in 2015 (from 68.9 percent in
2014).
The ranking of the three (3) major players of fuel oil in the Philippines, Petron
maintained its lead with a 30.4 percent market share, followed by Shell with 23 percent and
Chevron with 6.9 percent.

PETRON CORPORATION
Petron Corporation is the largest oil refining and marketing company in the Philippines.
Supplying nearly 40% of the countrys oil requirements, our world-class products and quality
services fuel the lives of millions of Filipinos everyday.
They operate an integrated crude oil refinery and petrochemicals complex with a rated
capacity of 180,000 barrels per day in Limay, Bataan. The Integrated Management System
(IMS)-certified refinery processes crude oil into a full range of petroleum products including
gasoline, diesel, liquefied petroleum gas (LPG), jet fuel, kerosene, industrial fuel oil, and
petrochemical feedstock benzene, toluene, mixed xylene, and propylene.
From the refinery, we move our products via barges and marine vessels to 32
International Organization of Standardization (ISO)-certified depots and terminals situated all
over the country. Through this vast distribution network, we supply fuel oil, diesel, and LPG to
various industrial customers. Petron also supplies jet fuel at key airports for international and
domestic carriers.

They have the largest retail network. With nearly 1,900 service stations, they bring our
superior automotive fuels closer to motorists. They have the most extensive petroleum product
line in the Philippines. Always at the forefront of fuels technology, they continuously pioneer
ground-breaking products that tailor fit the lifestyles of our customers. Petron Blaze 100, for
instance, is one of the fewif not the onlycommercially available gasoline in the world with a
100 octane rating.
With nearly 80 years of experience in the oil industry, they continue to be dedicated and
passionate about our vision to be the leading provider of total customer solutions in the energy
sector and its derivative businesses.
PETRON FUEL PRICE:
Petron (Increased)
1.40/L Blaze100, XCS95, Xtra91
1.40/L Turbo Diesel, Diesel Max
1.45/L Kerosene
PILIPINAS SHELL PETROLEUM CORPORATION
The Shell companies in the Philippines (SciP) represent various companies operating in
oil and gas exploration, extraction, refining and delivery to consumers. Commencing its
operations in 1914, SciP has grown to be one of the Philippines largest investors, directly
employing over 4,000 people nationwide.
SciP is part of Shell, a global group of energy and petrochemicals companies employing
approximately 93, 000 people and operating in more than 90 countries and territories. Shell helps
meet the worlds growing demand for energy, aiming to do so in economically, environmentally
and socially responsible ways.
Pilipinas Shell Petroleum Corporation (PSPC) is involved in the manufacture, marketing,
sales, supply and distribution of oil productsserving customers in almost every field of
transport, commerce and industry with its wide range of high quality fuels, lubricants, liquefied

petroleum gas, aviation fuel, bitumen and other specialty products. Pilipinas Shell commenced
operations of its first crude distiller in Tabangao, Batangas in 1962 (now an oil refinery since
1994). Shell also opened a refrigerated LPG terminal in 1983, the first of its kind in Asia
operated by Shell Gas Eastern, Inc. with trading handled in the region by Shell Gas Trading Asia
Pacific.
SHELL FUEL PRICE:
Shell (Increased)
1.40/L VPN+ Racing97, VPN+95, FuelSave91
1.40/L VPN+ Diesel, FS Diesel

CHEVRON CORPORATION
Chevron is one of the largest investors in the Philippines, with more than $2 billion in
capital investments.
Chevrons geothermal operations in the Philippines help make us one of the worlds
leading producers of geothermal energy. Through a joint venture, they operate steam fields that
use heat from the earth to provide power to plants that serve key population centers in the
country. Their innovations have helped make the Philippines the second-largest producer of
geothermal energy in the world, after the United States.
Chevron holds an interest in the Malampaya gas-to-power project, the first natural gas
development and largest industrial project in the Philippines.
From the Philippines, they provide operational support for Chevron offices on five
continents. The workforce supplies transactional, processing and consulting services in areas
ranging from finance to information technology.
Chevron has a 40 percent interest in Philippine Geothermal Production Company, Inc.
(PGPC). PGPC develops and produces steam energy for the third-party-owned and -operated

Tiwi and Mak-Ban geothermal power plants in southern Luzon. They have a combined
generating capacity of 692 megawatts.
Chevron has nearly 700 Caltex service stations in the Philippines. We sell a range of
petroleum products, including Caltex with Techron gasoline, Caltex Diesel with Techron D,
kerosene and jet fuel.
Chevron has 20 supply facilities in the Philippines, including major terminals and depots.
Their import terminal in San Pascual, Batangas, forms the hub of their transportation and supply
operations in the Philippines. Chevron also provides jet fuel for airlines at Ninoy Aquino
International Airport.
Chevron also markets Delo and Havoline lubricants and coolants, along with other
lubricating oils and greases, through distributors to consumer, commercial and industrial
customers.
CHEVRON FUEL PRICE
Chevron (INCREASED)
1.40/L Platinum95
1.40/L Diesel, Silver91
REFERENCES:
http://www.s hell.com.ph/aboutshell/who-we-are/history/country.html
http://www.petron.com/web/
http://www.chevron.com
http://www.philstar.com/business/2016/08/10/1611773/market-share-top-3-oil-firm-shrinkpast-5-years
http://www.twitte r.com/Petrol_Price