DAVAO CITY – The Davao City Council on Tuesday, March 24, sought tighter coordination with national government agencies and demanded greater transparency on fuel supply and pricing. Councilor Diosdado Mahipus Jr., chairperson of the Committee on Socialized Housing Projects and Oversight, said the...
The House of Representatives has finally transmitted to the Senate House Bill (HB) No. 8418, which authorizes the President to temporarily suspend or reduce fuel excise tax as a way to help cushion the impact of global oil price spikes on Filipinos. Signed on Tuesday, March 24 by Speaker Faustino...
Just recently, the Department of Energy (DOE) has authorized the importation of Euro-2-rated petroleum products as a continency measure to ensure the Philippines’ has a continuous fuel supply amid the growing fears of shortages caused by the middle east conflict. Before this, the DOE had enforced...
A total of 2,629 Transport Network Vehicle Service (TNVS) drivers in Manila have received their much-awaited fuel subsidy from the national government on Tuesday, March 24, providing them much-needed reprieve from the soaring cost of fuel prices amid the Middle East war that has pushed oil prices...
Tensions in the Middle East are starting to affect global oil supply again, and the impact is already being felt across Asian fuel markets. For the Philippines, which relies heavily on imported fuel, that usually shows up at the pump. Prices move, and more often than not, they move up before they...
Senator Risa Hontiveros urged the government on Monday, March 23, to urgently respond to the mounting challenges faced by the public transport drivers and commuters as fuel prices continue to climb. “Yung isang unit ng modern jeepney ngayon, lugi na ng P1,000 kada araw ng biyahe (Drivers are...
The Department of Education (DepEd) has ordered all public schools nationwide to conduct simple, low-cost graduation rites amid rising fuel costs, as nearly 3.7 million learners prepare to graduate under strict guidelines that prohibit fee collection and ensure accessible ceremonies. The directive,...
As weekly price shocks gouge ever deeper holes in consumers’ pockets, more Filipinos are beginning to wonder: Are we heading toward a future where fuel isn’t just expensive, but essentially a “limited-edition” item? The warning from oil companies has been stark: April marks the edge of the...
Four persons were arrested in Guinobatan, Albay for allegedly trading and selling petroleum products worth P2.3 million illegally. In a news release Friday, the Philippine National Police (PNP) said the suspects were caught selling petroleum products without the required license from the Department...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Dual Fuel Petroleum Corp. after finding the company illegally solicited investments from the public through a scheme that regulators likened to a Ponzi operation. In an order, the corporate regulator also imposed...
DAVAO CITY – Pwersa ng Pilipinong Pandagat party-list Rep. Harold Duterte urged the government to ensure that fuel subsidies reach recipients. Duterte, in a resolution, said that there should be a fair and uniform system in the distribution of fuel subsidies to recipients. The lawmaker warned...
Manila Mayor Francisco "Isko Moreno" Domagoso announced on Thursday, March 19, the release of P1,094,082,181.12 to all 896 barangays in the city. The fund aims to support residents as global oil prices surge to unprecedented levels due to the ongoing conflict in the Middle East. Domagoso made the...
