 | |
| 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, opperating 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 transparent, slight yellowish petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. On average, U.S. refineries produce, from a barrel of crude oil, about 19 to 20 gallons of gasoline; 11 to 13 gallons of distillate fuel ; and 3 to 4 gallons of jet fuel. The product ratio depends on the processing in an oil refinery and the crude oil assay.
Biofuel is a fuel that is produced over a short time span from biomass, rather than by the very slow natural processes involved in the formation of fossil fuels, such as oil. Biofuel can be produced from plants or from agricultural, domestic or industrial biowaste. The climate change mitigation potential of biofuel varies considerably, from emission levels comparable to fossil fuels in some scenarios to negative emissions in others. Biofuels are mostly used for transportation, but can also be used for heating and electricity. Biofuels are regarded as a renewable energy source.
Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries. Within oil and gas, Chevron is vertical integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.
Jet fuel or aviation turbine fuel is a type of aviation fuel designed for use in aircraft powered by gas-turbine engines. It is colorless to straw-colored in appearance. The most commonly used fuels for commercial aviation are Jet A and Jet A-1, which are produced to a standardized international specification. The only other jet fuel commonly used in civilian turbine-engine powered aviation is Jet B, which is used for its enhanced cold-weather performance.
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. Most petroleum is converted into petroleum products, which include several classes of fuels.
Singapore Petroleum Company Limited, in short SPC, is a Singaporean multinational oil and gas company. It is involved in the exploration and production of petroleum, refining, trading and petroleum product distribution.
Calumet Specialty Products Partners, L.P. is a publicly traded U.S.-based company that was incorporated in 1919. It specializes in the manufacture of lubricating oils, solvents, waxes, packaged and synthetic specialty products, fuels and fuel-related products. The company operates 12 production, blending, and packaging facilities across North America. This includes locations in Princeton, Cotton Valley, and Shreveport, Louisiana; Burnham, Illinois; Dickinson, Texas; Muncie, Indiana; and Karns City, Pennsylvania. Calumet's specialized hydrocarbon products are distributed around the world to approximately 2,700 global customers.
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. It is also the brand name of non-Chevron petroleum companies in some countries under a trademark licensing agreement with Chevron.
Ampol Limited is an Australian petroleum company headquartered in Sydney, New South Wales. Ampol is the largest transport energy distributor and retailer in Australia, with more than 1,900 Ampol-branded stations across the country as of October 2022. Ampol also operates in New Zealand through its subsidiary Z Energy.
Hindustan Petroleum Corporation Limited (HPCL), commonly referred to as HP, is a subsidiary of Oil and Natural Gas Corporation (ONGC) which is in turn under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in Mumbai. Since 2018, Oil and Natural Gas Corporation has owned majority of its stake. It is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. On 24 October 2019, it became a Maharatna (PSU).
Biofuel is fuel that is produced from organic matter (biomass), including plant materials and animal waste. It is considered a renewable source of energy that can assist in reducing carbon emissions. The two main types of biofuel currently being produced in Australia are biodiesel and bioethanol, used as replacements for diesel and petrol (gasoline) respectively. As of 2017 Australia is a relatively small producer of biofuels, accounting for 0.2% of world bioethanol production and 0.1% of world biodiesel production.
Petron Corporation is the largest oil refining and marketing company in the Philippines, 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 m3/d). From the refinery, Petron moves its products mainly by sea to 32 depots and terminals throughout the country.
The Philippines Biofuels Act 2006 requires oil companies to use biofuels in all "liquid fuels for motors and engines sold in the Philippines." All gasoline sold in the country must contain at least 5 percent ethanol by February 2009, and by 2011, the mandated blend can go up to 10 percent. The new law is expected to bring a number of benefits to the country:
"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."
The use of biofuels varies by region. The world leaders in biofuel development and use are Brazil, United States, France, Sweden and Germany.
Phoenix Petroleum Philippines, Inc. is the first independent oil company to be listed in the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998. It is the first company from Davao City to be listed in the Philippine Stock Exchange.
The National Petroleum Marketing Company, better known by its brand name National Petroleum (NP), is a state-owned refined petroleum distribution and marketing company owned by the government of Trinidad and Tobago. From its inception in 1972 until 1999, NP was the sole government-authorized distributor of gasoline, diesel fuel, and other consumer refined petroleum products in the island nation. The company has since expanded into lubricants, liquified petroleum gas, aviation fuel, and bunker fuel.
Puma Energy is a Swiss multinational mid- and downstream oil company, majority-owned by Singapore-based French company Trafigura.
Gull New Zealand is a New Zealand petroleum distribution company and petrol station chain. It is the country's third largest fuel retailer, with 113 locations in New Zealand including 45 in Auckland.