 | |
| Company type | Private |
|---|---|
| Industry | Oil and gas |
| Founded | 1978 |
| Founder | Francis Yu Hua Ting |
| Headquarters | Taipan Place, Ortigas Center, Pasig, Philippines |
Area served | Philippines |
Key people | Francis Glenn Yu, (President & CEO) |
| Products | Fuel Lubricants |
| Website | [ Official website ] |
Seaoil Philippines, Inc. is a fuel company founded in 1978. The Filipino-owned company offers fuel products ranging from automobile gasoline to industry-specific lubricants and services such as storage and shipping.
Seaoil Philippines was founded in 1978 by Francis Yu, operating storage facilities for petroleum and petrochemical based products. A few years later, it expanded its operations in the petroleum market. In 1988, the company partnered with Paramins to develop lubricants. In anticipation of the oil market deregulation in 1996, Seaoil Philippines established a retail station in 1997, and as of December 2022, now has 700 stations. [1]
In December 2017, SEAOIL entered a strategic partnership with Caltex Australia (now Ampol). As part of the partnership, Caltex Australia would supply oil to SEAOIL via its fuel trading and shipping business, Ampol Singapore, while Caltex Australia would take up a 20% equity interest in SEAOIL. [2] Caltex Australia's acquisition of the 20% equity interest was completed in March 2018. [3]
Seaoil gasoline products are compliant with the Biofuels Act of 2006, which mandates the blending of 1 percent CME (coco-methyl ester) for all diesels in May 2007 (upgraded to 2 percent in 2009), and blending of 10 percent ethanol into gasoline and other product lines in 2009. [4]
Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999.
Gasoline or petrol is a petrochemical product characterized as a transparent, yellowish, and flammable liquid normally used as a fuel for spark-ignited internal combustion engines. When formulated as a fuel for engines, gasoline is chemically composed of organic compounds derived from the fractional distillation of petroleum and later chemically enhanced with gasoline additives. It is a high-volume profitable product produced in crude oil refineries.
An octane rating, or octane number, is a standard measure of a fuel's ability to withstand compression in an internal combustion engine without causing engine knocking. The higher the octane number, the more compression the fuel can withstand before detonating. Octane rating does not relate directly to the power output or the energy content of the fuel per unit mass or volume, but simply indicates the resistance to detonating under pressure without a spark.
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"Commercial production of ethanol from sugarcane, cassava or sorghum will help the island nation diversify its fuel portfolio and help to ensure its energy security. It could also generate employment, particularly in rural regions, as investors put up biofuel crop plantations and processing plants. Also, the shift to these plant-based fuels for transportation will help reduce pollution."
Biogasoline is a type of gasoline produced from biomass such as algae. Like traditionally produced gasoline, it is made up of hydrocarbons with 6 (hexane) to 12 (dodecane) carbon atoms per molecule and can be used in internal combustion engines. However, unlike traditional gasoline/petroleum based fuels, which are mainly composed from oil, biogasolines are made from plants such as beets and sugarcane or cellulosic biomass- substances normally referred to as plant waste.
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