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Posts tagged with "Fuel marking"

Fuel marking at Pilipinas Shell fully automated by March

Fuel marking at Pilipinas Shell fully automated by March

Jan. 14 | Fuel storage tanks at Shell’s Northern Mindanao Import Facility in Cagayan de Oro City. Photo from Pilipinas Shell. Pilipinas Shell Petroleum Corp is installing a fully automated system at its facilities to help ensure the safe implementation of the...

BIR sets Jan 15 deadline for gas stations to submit inventory declaration

BIR sets Jan 15 deadline for gas stations to submit inventory declaration

Jan. 8 | Image by Clker-Free-Vector-Images from Pixabay To prepare for the conduct of field testing under the Philippine government’s fuel marking program, the Bureau of Internal Revenue (BIR) has ordered its revenue district offices (RDO) to require all gasoline...

Chevron products fuel-marked at Batangas facility

Chevron products fuel-marked at Batangas facility

Nov. 17 | Image by OpenClipart-Vectors from Pixabay Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels, lubricants, and petroleum products, has undertaken live fuel marking at its import terminal in San Pascual, Batangas, making its products...

Unioil in Bataan becomes second facility to conduct fuel marking

Unioil in Bataan becomes second facility to conduct fuel marking

Oct. 24 | The Bureau of Customs (BOC) led the initial marking of fuel at UniOil Terminal Depot in Mariveles, Bataan, the second facility to go through the government’s fuel marking program. Some 53 million liters of fuel with paid duties and taxes amounting to...

More oil terminals to conduct fuel marking this month

More oil terminals to conduct fuel marking this month

Oct. 21 | Image by OpenClipart-Vectors from Pixabay The facilities of some oil players will implement live fuel marking this month as part of the country’s fuel marking program, according to the Bureau of Customs (BOC). The terminals of Pure Petroleum Corp.,...

P20B revenue eyed from fuel marking program in 2020—DOF

P20B revenue eyed from fuel marking program in 2020—DOF

Sep. 28 | Image by Clker-Free-Vector-Images from Pixabay The Department of Finance (DOF) expects to collect P20 billion in revenues in 2020 with the full implementation of the fuel marking system next year. DOF undersecretary Antonette Tionko, during a Senate hearing...

PH fuel marking program implementing rules released

PH fuel marking program implementing rules released

Sep. 10 | Image courtesy of yodiyim at FreeDigitalPhotos.net The Bureau of Customs (BOC) has finally released implementing rules for its fuel marking program, which mandates marking and testing of petroleum products under the Tax Reform for Acceleration and Inclusion...

Implementation of fuel marking program starts

Implementation of fuel marking program starts

Aug. 2 | The first live marking of petroleum products occurred at the Seaoil Bulk Terminal in Mabini, Batangas on August 2. Photo courtesy of the Bureau of Customs. The Department of Finance (DOF), Bureau of Customs (BOC), and Bureau of Internal Revenue (BIR)...

Oil companies back fuel marking program

Oil companies back fuel marking program

Jul. 30 | In preparation for implementation of the fuel marking program, a simulation of the fuel marking and testing process was conducted in Subic Bay on July 25 by the Bureau of Customs in coordination with PTT Philippines and fuel marking provider SICPA-SGS...

Fuel marking program to produce P5B this year—finance chief

Fuel marking program to produce P5B this year—finance chief

Jul. 9 | The Philippines’ fuel marking program is scheduled to be implemented in the third quarter of this year and will bring in at least P5 billion in revenues for 2019, according to Finance Secretary Carlos Dominguez III. The implementation follows the publication...