BUTUAN CITY – Police seized 8,060 liters of smuggled petroleum in Del Carmen, Siargao Island, Surigao del Norte province before dawn on Friday, October 11. Surigao del Norte Police Provincial Office Director Police Col. Nilo T. Texon, in a report to Police Regional Office-13 Director Police...
The Department of Energy (DOE) said that consumers can expect a potential gasoline price rollback next week, while diesel prices are likely to increase. Rino Abad, DOE Oil Industry Management Bureau (OIMB) directo said these contrasting movements are due to various economic factors. ...
Aerospace company Airbus, in collaboration with the Department of Transport (DOTr), the Department of Energy (DOE), and the Civil Aviation Authority (CAA), is working towards achieving 100 percent sustainable aviation fuel (SAF) in its aircraft operations in the country by 2030. In a statement on...
MV Palawan is apprehended by Philippine Coast Guard ship BRP Palawan (FPB-2401) in the vicinity of Manila Bay on Sept. 26, 2024 while carrying alleged smuggled disel fuel. (Photo: PCG) A motor vessel allegedly engaged in fuel pilferage or “paihi” system was apprehended by the Philippine Coast...
The Philippine Independent Power Producers Association Inc. (PIPPA) has thumbed down a legislative proposal that will prioritize the use of Malampaya gas on the electricity generation grind of various gas-fed power plants in the country. While there is a high level temptation to prioritize...
A new cascade of financial pressure will be on consumers’ pockets this week as gasoline prices will be rising by P1.10 per liter; while diesel prices will go up by a marginal P0.20 per liter. Propitiously for kerosene products, there will be no cost movement this week, based on the pricing...
The Bureau of Customs (BOC) has filed a formal complaint against the owners and crew members of two vessels caught engaging in fuel smuggling at the Navotas Fish Port. According to the BOC, the vessels were found to be transferring unmarked fuel, a practice known as "paihi modus," in violation of...
A new wave of financial pain could squeeze consumers’ pockets next week, as pump prices could be tracking new wave of increases – primarily for gasoline products, based on the initial calculation of the oil companies. As assessed by the industry players, the price of gasoline will likely rise...
The Bureau of Customs (BOC) has intercepted two fuel tankers, worth a combined P695 million, at the Navotas Fish Port for allegedly engaging in the illegal fuel transfer practice known as "paihi." In an operation by the BOC's Customs Intelligence and Investigation Services-Manila International...
In the first five years of its implementation, fuel marking added to government coffers a total of P988.8 billion in tax revenues, inching closer to the P1-trillion mark with one more year before the program's contract ends. The latest data obtained by Manila Bulletin on Tuesday, Sept. 17, showed...
The days of ‘secrecy’ in weekly oil price adjustments are numbered following the Supreme Court’s decision which upheld the fuel cost unbundling policy that the Department of Energy (DOE) initially attempted for implementation via a Circular in 2019. Relative to the high court ruling, former...
Japeth Aguilar put up his best offensive performance in the last four years while Justin Brownlee finished with a triple-double as Barangay Ginebra fended off Phoenix, 110-101, to notch its first win streak in the PBA Season 49 Governors’ Cup at the Ninoy Aquino Stadium on Friday, Sept. 6....
