Malacañang on Wednesday, March 16, said the proposal for a four-day workweek and the extension of the work from home (WFH) arrangements are still being considered by President Duterte. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) In a virtual Palace briefing, Presidential Communications...
Filipino consumers will need to swallow a ‘very bitter pill’ when it comes to their fuel expenses this week, as the price of diesel products will be on historic astronomical rise of P13.15 per liter, as announced by the oil companies. Gasoline prices will also be increased by P7.10 per liter,...
With oil price adjustments surging higher than projected, the Department of Energy (DOE) has summoned the oil companies to explain the ‘excess’ in cost escalations that they will be reflecting at the pumps by Tuesday, March 15. Energy Secretary Alfonso G. Cusi stated ‘we are asking the oil...
Filipino consumers will brace for a "crucifying" historic "price shocks" next week as diesel prices will surge by P11.75 to P11.95 per liter while gasoline prices will equally be on astronomical rise of P7.10 to P7.30 per liter for RON95 gasoline; and P6.85 to P7.00 per liter for RON92 gasoline....
The United States government has formally inked a memorandum of understanding (MOU) with the Philippine Department of Energy (DOE) that will strengthen "strategic civil nuclear cooperation" between the two countries amid fear of ensuing nuclear war as Ukraine and Russia, both nuclear power hosts,...
Senator Sherwin Gatchalian on Friday urged the National Electrification Administration (NEA) and the Department of Energy (DOE) to recall NEA’s most recent memoranda in appointing general managers (GMs) of electric cooperatives (ECs) saying that agency violated the law as it went beyond its...
Human rights lawyer Chel Diokno is proposing an excise tax freeze on petroleum products in view of the soaring fuel prices that resulted from the Russia-Ukraine crisis. Human rights lawyer Chel Diokno (Photo from Diokno’s campaign team) Diokno, a senatorial aspirant, cited the law allowing the...
A former senior undersecretary of the Department of Energy (DOE) has been designated by President Rodrigo Duterte as President of state-run Philippine National Oil Company (PNOC). According to the DOE, former Energy Undersecretary Jesus Cristino Posadas officially took over as PNOC President since...
Senatorial candidate Herbert “Bistek” Bautista on Thursday reiterated his push for the government to buy back oil firm Petron, saying this would serve as a means to lower oil prices down when these tend to go out of control due to some factors. According to Bautista, he has information that the...
The Department of Energy (DOE) is batting for the issuance of an Executive Order (EO) by President Rodrigo Duterte to suspend the 7.0 percent import duty on coal imports that will be utilized for power generation, so consumers will not be saddled with exorbitant electricity rates. In a briefing...
Senatorial candidate Gilbert "Gibo" Teodoro is the latest personality to call for the "unbundling" of domestic fuel prices, which for the entire year have been on an upward trajectory. (Ali Vicoy/ MANILA BULLETIN) Teodoro said that price unbundling is the oil companies' act of itemizing or breaking...
The looming fuel crisis could have been averted if the Department of Energy (DOE) had the foresight to stabilize oil prices by creating buffer stocks on gasoline and diesel at the onset, presidential aspirant Senator Manny Pacquiao said on Monday. The standard bearer of the Partido ng Demokratikong...
