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INDEPENDENT oil firm Jetti Petroleum said Sunday that it planned to invest around P1.5 billion starting the last quarter of this year until 2025 for an additional 100 gas stations across the country.
Jetti Petroleum Inc. is allocating P1.5 billion to build 100 more service stations, which will expand its petrol station network to 300 by the first quarter of 2025. The oil firm is expected to end the year with 200 stations. “A capex [capital expenditure] of P1.5 billion has been allotted…
Recent global oil trading hints at price increases for fuel this week, with demand increasing as China steps up demand for crude oil.
Officials project another uptick on oil prices in the Philippines as demand for oil "picks up" with easing COVID-19 restrictons globally.
Independent oil player Jetti Petroleum Inc. continues to earn the trust of more customers as it commits to ensure the availability of quality yet affordable fuel products in its stations.