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Monday, July 21, 2008 |
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Diesel falls P1.50
per liter
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Rollback comes after appeal from President Arroyo
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A day after imposing a steep price increase in
diesel, a number of oil firms rolled back half of their adjustments
after Malacañang asked companies to temper their price hike.
Petron Corp., Pilipinas Shell Petroleum Corp.
and Eastern Petroleum Corp. will be implementing a P1.50 per liter
cut in their diesel prices today.
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O T H E R R E P O R T S
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Malaysian govt
deports more than 300 Pinoys from Sabah
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ZAMBOANGA CITY: More than 300 Filipinos arrested
in Sabah have arrived here, as Malaysia continued its crackdown on
undocumented workers in the oil-rich state.
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JdV faces
expulsion from Lakas
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Former House Speaker Jose de Venecia Jr. faces
expulsion from the party he co-founded, if he testifies against the
Arroyo administration at the Senate inquiry into the controversial
broadband project, a party leader said Sunday.
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Pope warns
Catholic youth of ‘creeping spiritual desert’
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SYDNEY: Pope Benedict XVI on Sunday urged
hundreds of thousands of young Catholics to beat back a “spiritual
desert” spreading through the modern world as he closed Catholic
World Youth Day in Australia.
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Anwar revives bid
for power in Malaysia
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MALACCA, Malaysia: Opposition leader Anwar Ibrahim toured Malaysia
over the weekend in a bid to revive his ambitions of seizing power
despite his arrest on sodomy allegations—the same charge that saw
him jailed a decade ago.
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Shell, Petron earned P70B after
oil deregulation – lawmaker
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The two biggest oil companies, Pilipinas Shell Petroleum Corp. and
Petron Corp., earned nearly P70 billion in combined net profits
after the passage of the Downstream Oil Industry Deregulation Law in
1998, a lawmaker said Sunday.
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