PILIPINAS Shell Petroleum Corp. (PSPC) is looking to again earmark P4 billion for capital expenditures next year, primarily to beef up its retail business.

“For PSPC, our capex remains consistent at P4 billion. So tatlong taon na kaming nasa P4 billion (We have remained at P4 billion for three years),” Pilipinas Shell President and Chief Executive Officer Cesar Romero told reporters.

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