A German Expat in The Philippines - Ein deutscher Auswanderer auf den Philippinen: 2.48 MILLION BARRELS OF RUSSIAN CRUDE PROCURED

You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!

Monday, March 30, 2026

2.48 MILLION BARRELS OF RUSSIAN CRUDE PROCURED

NEWS UPDATE: 2.48 MILLION BARRELS OF RUSSIAN CRUDE PROCURED

Petron Corp., the country’s only oil refiner, said it has procured a total of 2.48 million barrels of crude oil sourced from Russia as the country faces an energy emergency.

These orders, along with all other crude secured, will beef up the company’s fuel inventory until June, Petron said.

It also noted that the procurement of Russian crude is not part of its business-as-usual sourcing strategy, as the orders were undertaken “strictly out of extreme necessity.” 

“A refinery shutdown for failure to secure crude would lead to serious nationwide fuel shortages, sharp price spikes, panic buying, disruption to transportation and logistics, and broader economic dislocation,” the company said in a statement today. 

| via Brix Lelis / Philippine Star

May be an image of newsroom and text that says 'NEWS UPDATE SFR'

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