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  2. Philippines plans to siphon off oil cargo from sunken tanker ...

    www.aol.com/news/philippines-plans-siphon-off...

    The tanker Terra Nova had left Bataan province en route to the central province of Iloilo with about 1.4 million liters (370,000 gallons) of industrial fuel oil stored in wat

  3. Philippine oil tanker sinks in Manila Bay, raising ... - AOL

    www.aol.com/news/philippine-oil-tanker-sinks...

    A Philippine oil tanker sank in Manila Bay early Thursday after encountering huge waves, leaving a crewman dead and 16 others rescued in a late-night operation by the coast guard. The force was ...

  4. Philippines 'prepares for worst' after oil spill - AOL

    www.aol.com/news/philippines-rushes-stop-oil...

    Philippines 'prepares for worst' after oil spill. Annabelle Liang - BBC News. July 26, 2024 at 12:59 PM. Authorities are racing to stop the oil spill from the 65-metre-long MT Terra Nova [Getty ...

  5. Petron Corporation - Wikipedia

    en.wikipedia.org/wiki/Petron_Corporation

    Petron Corporation is the largest oil refining and marketing company in the Philippines, [ 4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d). From the refinery, Petron moves its products mainly by sea to 32 depots and ...

  6. Economy of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Philippines

    The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .

  7. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  8. Tanker with 1,500 tonnes of oil sinks off Philippines - AOL

    www.aol.com/news/tanker-1-500-tonnes-oil...

    July 24, 2024 at 11:29 PM. [BBC] A tanker carrying close to 1.5 million litres of industrial fuel has capsized off the Philippine capital on Thursday, causing an oil spill, officials say. Sixteen ...

  9. MT Princess Empress oil spill - Wikipedia

    en.wikipedia.org/wiki/MT_Princess_Empress_oil_spill

    74.7 km (46.4 mi) [ 7] On the morning of February 28, 2023, MT Princess Empress sank off Naujan, Oriental Mindoro, Philippines, causing an oil spill in the waters of the provinces of Antique, Batangas, Oriental Mindoro, and Palawan. En route from Bataan to Iloilo, the oil tanker was carrying 900,000 liters of industrial fuel oil before it sank.