As the lingering warmth of summer gradually fades away, there's no better time to gather around the table and savor the comforting flavors of classic family recipes. From the kitchens of celebrity home cooks Richard Gomez and Marjorie Barretto, here are some delightful recipes—all made with Doña...
By MYRNA M. VELASCO Consumers can enjoy temporary relief in their pockets this week as the price of petroleum products will be on downtrend due to softening of prices in the world market. As announced by the oil firms, the price of diesel products will be on P0.95 per rollback; while gasoline...
BY MYRNA VELASCO Consumers can finally pull collective sigh of relief as pump prices are expected to be on significant rollback across products, based on the calculation of the oil companies. If reckoned on the four-day outcome of trading in the regional market, the estimated price cuts would be...
The Department of Energy (DOE) is eyeing to issue an amended Circular that will simplify the award of petroleum service contracts (PSCs) to interested investors in the country’s upstream oil and gas industry. In a draft Circular that was furnished to the relevant industry stakeholders, the energy...
It will not be a happy drive to the gas pumps this week, as fuel prices will rise again for the fourth week in a row, based on the pricing adjustment advisories of the oil companies. The oil firms announced that the price of gasoline products will increase by a hefty P1.60 per liter; while diesel...
The strain on consumers’ budgets will continue next week, especially with gasoline prices which are expected to rise heftily by P1.30 to P1.70 per liter, based on the calculation of the oil companies. For the other fuel commodities, diesel prices are projected to increase by P0.40 to P0.80 per...
Ayala-led ACEN Corporation has inked a contract with subsidiary ENEX Energy Corporation (ENEX) for the agreed shares subscription covering 177,544,011 non-voting preferred shares of the latter to be issued at a par value of P1.00 per share. According to ACEN, the shares will be issued from ENEX’s...
Consumers are up for another financial pain at the pumps and in their kitchens as oil and liquefied petroleum gas (LPG) prices will track new round of upticks, based on the pricing advisories of the industry players. As culled from the price movement notices of the oil companies, the price of...
Consumers will still feel the pinch of higher oil prices at the pumps next week, although calculated adjustments will be coming at relatively moderate amounts compared to the past two weeks. Based on the estimates of the oil companies, the price of gasoline products will rise by P0.50 to P0.90 per...
The progress of many economies on their energy transition agendas will weaken demand growth for oil commodities in the years ahead, according to Paris-based global think tank International Energy Agency. But while oil consumption will be on decline, there are projections that oil production on...
Philippine Coast Guard personnel wave flags of the Philippines, Indonesia and Japan during the opening ceremony of Regional Marine Pollution Exercise (MARPOLEX) 2024 in Bacolod City, Negros Occidental on June 24, 2024. (Photo courtesy of PCG) The coast guard organizations of the Philippines,...
Consumers’ drive to the gas pumps entails new wave of financial pain, as prices will be on uptick again, based on the pricing advisories of the industry players. According to the price adjustment notices sent by the oil companies, the price of diesel products will rise by P1.75 per liter; while...
