Major Players of Fuel Oil in the Philippines

A Case study in Industrial Power Plant Engineering

By: Mendoza, Gian Carlo A.
5th Year- BSME
Submitted to: Engr. Bienvenido Manuntag Jr.

The major oil companies hold of the total petroleum products market in the Philippines
continued to decrease over the years as competition at the pump stations tightened as a result of
market deregulation.
Major players (Petron Corp., Chevron Phils. and Pilipinas Shell Petroleum Corp.) got 60.4
percent share of market in 2015 (from 68.9 percent in 2014), according to data from the
Department of Energys Oil Supply/Demand Report.
Minor oil players and direct importers captured 39.6 percent of market in the same year. These
include PTT Philippine Corp. (PTTPC), Total Phils. and partner Filoil Energy Co., Seaoil Corp.,
TWA, Phoenix, Liquigaz, Petronas, Prycegas, Micro Dragon, Unioil, Isla LPG Corp., Jetti,
Eastern Corp., Perdido, SL Harbor, Petrotrade Phils. Inc., Marubeni, JS Union, JS Phils Corp.
and South Pacific. Direct importers are end users who import most of their requirements.
In terms of base of operation and sourcing, local refiners (Petron Corp. and Pilipinas Shell) that
import crude oil for processing captured 53.5 percent of the total market in 2015, down from
60.9 percent in 2014, while 46.6 percent (up from 39.1 percent) was credited to direct
importers/distributors.
In 2014, major oil players cornered a combined 68.9 percent of the total petroleum market.
Minor oil players and end users who directly import part of their requirements took up just 31.1
percent of the market. The minor oil industry players named at the time were PTT Philippine
Corp. (PTTPC), Total Phils., Seaoil Corp., TWA, Filpride, Phoenix, Liquigaz, Petronas,
Prycegas, Micro Dragon, Unioil, Isla LPG Corp., Jetti, Eastern Corp., Perdido and Filoil Gas Co.

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. Their 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, the Petron 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, they supply fuel oil, diesel, and LPG to
various industrial customers. Petron also supplies jet fuel at key airports for international and
domestic carriers.
The company have the largest retail network. With nearly 1,900 service stations, we bring our
superior automotive fuels closer to motorists. It have the most extensive petroleum product line
in the Philippines. Always at the forefront of fuels technology, we continuously pioneer groundbreaking 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.
The stations give a one-stop service experience to travelers, offering amenities including
convenience stores, restaurants, and specialty shops.
Fuel Products:
Automotive Fuels
Petron Blaze Euro 5
Petron Xtra Advance Euro 4
Petron XCS Euro 4

Petron Turbo Diesel

Petron Diesel Max Euro 4
Petron Xtend Autogas
Fuel Price Increase:
1.40 php/L Blaze100, XCS95, Xtra 91
1.40 php/L Turbo Diesel, Diesel Max
1.45 php/L Kerosene

Pilipinas Shell Petroleum Corporation

With approximately 93,000 employees in more than 70 countries and territories, Shell
helps to meet the worlds growing demand for energy, aiming to do so in economically,
environmentally and socially responsible ways. The Shell companies in the Philippines (SciP)
include various companies operating in oil and gas exploration, production, oil refining,
distribution and sales to consumers. SciP started its operations in 1914, and has grown to be one
of the Philippines largest investors, employing over 3,000 people nationwide.
Pilipinas Shell Petroleum Corporation (PSPC)
PSPC refines, blends, transports and sells a wide range of high quality fuels, lubricants,
bitumen and other specialty oil-based products. It operates a refinery with a rated capacity of
approximately 110,000 bpd and over 960 retail stations nationwide.
Pilipinas Shell Petroleum Corporation engages in the production, import, market, sale,
and distribution of retail and commercial fuel products, lubricants, and specialty products in
Philippines. The company operates a network of retail service stations that sells petroleum fuels
and lubricants to private and commercial motorists. It is also involved in the wholesale of
commercial fuels to companies in various industries, including power, mining, wholesale,
manufacturing, and marine. The company offers fuel, including gasoline and diesel; lubricants
comprising engine oils; transport fuels consisting of unleaded gasoline and diesel for on-road and
off-road heavy-duty vehicles; and heavy fuel oils, such as cracked fuel oil and straight run fuel
oil for industrial heating and manufacturing boilers.

In addition, it operates Shell Select convenience stores in its gasoline stations that offer a
range of snacks, refreshments, groceries, newspapers, magazines and hot meals. As of June 30,
2016, Pilipinas Shell Petroleum Corporation had a nationwide network of 966 Shell Groupbranded retail service stations. Pilipinas Shell Petroleum Corporation operates as a subsidiary of
Shell Overseas Investments B.V. a nationwide network of 966 Shell Group-branded retail service
stations. Pilipinas Shell Petroleum Corporation operates as a subsidiary of Shell Overseas
Investments B.V. In the business of oil and gas exploration and production, Shell Philippines
Exploration B.V. (SPEX) operates the Malampaya Deep Water Gas-to-Power Project together
with its joint venture partners. Malampaya represents the largest and most significant industrial
investment in the history of the Philippines. It heralded the birth of the countrys natural gas
industry, enabling the supply of clean, environment-friendly fuel and providing 2,700 megawatts
of power to Luzon for a period of 20 years. This represents roughly 40-45% of Luzons power
generation requirements, providing the country a considerably long-term revenue stream to the
government, in addition to considerable foreign exchange savings.
Pilipinas Shell traces its roots to Asiatic Petroleum Company (Philippine Islands), Ltd.
which opened for business in the Philippines and began to import and sell motor gasoline and
kerosene in 1914. Asiatic Petroleum Company (Philippine Islands) Ltd. was renamed The Shell
Company of the Philippine Islands, Ltd. in the 1940s.
In 1959, Pilipinas Shell was incorporated under the name The Shell RefiningCompany
(Philippines), Inc. in compliance with the then required percentage of Filipino ownership (25%)
in large industrial ventures. In 1970, Pilipinas Shell was renamed Shell Philippines, Inc. and was
later renamed Pilipinas Shell Petroleum Corporation in 1973.
In 1976, Meralco Securities Corporation acquired 25% stake in the Company resulting in
the Company being 50% owned.
In February 1987, the Filipino ownership in the Company decreased to 33.33% after a
share buyback by the Company of Meralco Securities Corporations stake in the Company. In
August 2015, the Filipino ownership in the Company decreased to 31.82% following the
issuance of additional shares pursuant to a stock rights offering.
This year, Shell companies in the Philippines is celebrating its 100 years of business
presence in the Philippines and is committed to delivering smarter products and cleaner energy
for better motoring experience for the present and future generations of Filipinos. As a global
leader in power, energy, and gas technology, Shell remains to be a strong promoter of sustainable
development in the country by energizing communities all over the country for a more
sustainable energy future.
Fuel ProductsShell Fuelsave Gasoline

Shell Fuelsave Diesel

Shell V-Power Nitro+
Shell V-Power Nitro+ Gasoline
Shell V-Power Nitro+ Diesel
Shell V-Power Nitro+ Racing
Fuel Price Increase
1.40Php/L VPN+ Racing97, VPN+95, Fuelsave 91
1.40Php/L VPN+ Diesel, FS Diesel
1.45Php/L Kerosene

Chevron Philippines
Chevron is one of the largest investors in the Philippines, with more than $2 billion in
capital investments.
Chevron markets Caltex fuels, lubricants and other petroleum products. Our network of
service stations, terminals and sales offices forms the backbone of our presence in the
Philippines.
Chevrons geothermal operations in the Philippines help make it 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. There 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.
Chevron operates through five subsidiaries in the Philippines. Our upstream companies
are Chevron Malampaya LLC, Chevron Geothermal Services Company and Chevron Kalinga
Ltd. Our downstream company is Chevron Philippines Inc. We also operate a business processes
support organization through Chevron Holdings Inc.
Chevron Philippines operates a network of over 800 Caltex service stations/retail outlets
across the Philippines. Chevron also provides for the fuel and lubricants needs of the commercial
and industrial sectors. Fuel products such as Caltex with Techron Gold and Silver and Power
Diesel, as well as lubricants such as Havoline and Delo are also available at all Caltex service
stations.
Fuel Products

Silver 91 with Techron

Gold 95 with Techron
Fuel Price Increase
1.40Php/L Platinum95, Silver91
1.40Php/L Diesel
1.45Php/L Kerosene

References:
http://www.petron.com/web/site/lists/59
http://interaksyon.com/business/88359/big-3-oil-companies-corner-nearly-70-pct-of-market
https://business.inquirer.net/209369/major-oil-players-market-share-shrinking
www.shell.com.ph
https://www.chevron.com/worldwide/philippines