The Philippine Institute of Petroleum

About Us

We are a non-stock, non-profit SEC registered grouping of businesses, operating in the downstream oil industry in the Philippines. We are an independent body representing the common interests of our members with different publics.

Our Member companies include: Chevron Philippines Inc; Isla LPG Corporation; Petron Corporation; Pilipinas Shell Petroleum Corporation; PTT Philippines Corporation; and Total Philippines Corporation.

Any company engaged in the downstream oil business, as defined in Section 4 paragraph (a) of RA 8479, is qualified for membership to PIP. Types of memberships are Regular, Associate, Individual, and Institutional members.   Our Individual Members include distinguished personalities from the business sector, organizations and the academe.

Know more about PIP HERE…

PIP Highlights


Oil Monitor as of September 05, 2018

Published: September 09, 2018

Dubai crude  has  increased week-on-week by almost US$2.80 per barrel.  MOPS gasoline and diesel have also increased week-on-week by around US$2.50 and US$3.20 per barrel respectively.  Read more…

(L-R) Malou Espina, Vice President for Marketing & Communications, Total (Philippines) Corporation; Laurent Stouffe, President & Managing Director, Total (Philippines) Corporation; Joanne Duarte, Senior Director Programs, Ayala Foundation, Incorporated; and Romualdo Katigbak, Chief Finance Officer and Senior Director Finance, Ayala Foundation Incorporated

Total Philippines and Ayala Foundation Commit to Road Safety Education

Published: September 03, 2018

Total (Philippines) Corporation (TPC) has partnered with Ayala Foundation, Incorporated (AFI) to educate elementary school children on road safety principles and traffic rules this school year. Safety is one of the core values of the Total Group and is a shared responsibility of employees and our partners. Read more…


Energy transition key to sustainable future

Published: August 17, 2018

More energy, but cleaner and more affordable. This is the challenge that the world faces as climate change dictates a transition from fossil fuels to renewable sources of energy to meet an ever-increasing demand from a growing population.  Read more…


PTT supports ‘Pantawid’ program; offers fuel discounts to PUVs

Published: August 09, 2018

Supporting the government’s ‘Pantawid Pasada Program’, PTT Philippines has disclosed that about 30 of its gasoline stations in Luzon and the Visayas opened a fuel discount lane for public utility vehicles, especially public utility jeepneys. Read more…


British Chamber of Commerce Philippines: 4th Joint Economic Briefing

Published: June 22, 2018

Philippine Institute of Petroleum (PIP) Executive Director, Engr. Teddy Reyes speaks before the British Chamber of Commerce Philippines during the “4th Joint Economic Briefing on Foreign Direct Investments in the Philippines: Opening Roads”, held on June 19, 2018 at Read more…


Chevron Becomes the Houston Texans’ First-Ever Official Volunteerism Partner

Published: June 25, 2018

HOUSTON–(BUSINESS WIRE)–Jun. 25, 2018– Chevron Corporation (NYSE: CVX) and the Houston Texans today announced a five-year partnership designating Chevron as the Texans’ first-ever Official Volunteerism Partner. This marks an expansion of Chevron’s long-standing relationship with the Texans. Read more…


Petron honors over 400 graduating Tulong Aral Scholars

Published: April 16, 2018

Giving the underprivileged youth a chance to build a better life through education, Petron Corporation, led by its corporate social responsibility arm Petron Foundation, celebrates the graduation of its Tulong Aral ng Petron (TAP) scholars from different academic levels in schools across the country. Read more…