A bill that is seen to address the impact of rising global oil prices inches closer to being felt by Filipinos after the Senate approved it on third and final reading on Tuesday, March 17. Voting 17-0-0, the Upper Chamber approved Senate Bill No. 1982 or An Act Authorizing the President to Suspend...
BACOLOD CITY – The Police Regional Office-Negros Island Region (PRO-NIR) has intensified monitoring and coordination efforts with partner agencies and local government units (LGUs) to ensure the stability of fuel supply and maintain peace and order amid global developments that could impact oil...
Senator Sherwin Gatchalian believes that the Philippines could struggle to hit its 5 percent economic growth target this year due to lingering domestic challenges and the escalating tensions in the Middle East. In a radio interview with Usapang Senado over DWIZ on Saturday, March 7, Gatchalian was...
President Marcos may consider looking into the proposal to compress the workweek in government offices to four days—a move to support the government 's effort to save energy. Palace Press Officer and Communications Undersecretary Claire Castro said the President may study the suggestion,...
Vice President Sara Duterte is asking the public to refrain from conducting protests through motorcades and caravans and called on the local government units (LGUs) to ban such activities in order to save fuel amid the ongoing conflict affecting worldwide oil supply in the Middle East. Duterte...
Department of Energy (DOE) officer-in-charge Secretary Sharon Garin confirmed on Sunday, June 29, that four oil companies – Petron, Shell, Caltex, and Cleanfuel - have agreed to give fuel discounts to public utility vehicle (PUV) drivers affected by the volatility in oil prices. According to...
President Marcos has directed the Department of Energy (DOE) to closely monitor the impacts of the ongoing tensions in the Middle East on fuel prices in the country. Marcos told the DOE to monitor closely in order to provide the necessary government intervention if the situation worsens and...
Following the Easter weekend—a time that lifts spirits for many—fuel prices might rise, too, next week. Based on the latest trading on Mean of Platts Singapore (MOPS), gasoline could inch up by ₱1.30 to ₱1.60 per liter, while diesel could go up by ₱1.10 to ₱1.40 per liter. This could...
As motorists gear up for the Holy Week traffic rush, a drop in fuel prices offers some relief at the gas pumps for travelers taking advantage of the break. Effective Tuesday, April 15, gasoline prices will see a ₱3.60-per-liter drop, while diesel will go down by ₱3.30 per liter. Shell...
Motorists can expect a significant relief at the pump, with analysts projecting the year’s first ₱3 rollback in fuel prices. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), gasoline is anticipated to drop by around ₱3.30 to ₱4 per liter, while diesel could get...
Motorists may face higher fuel prices at the start of April, requiring them to tighten their belts once again. Based on the four-day trading in Mean of Platts Singapore (MOPS), gasoline could increase by around ₱0.80 to ₱1.35 per liter, while diesel could spike by around ₱0.75 to ₱1.25....
Motorists will need to brace themselves as the streak of oil price rollbacks ends. Effective Tuesday, March 25, gasoline prices will increase by ₱1.10 per liter, while diesel and kerosene will go up by ₱0.40 per liter. Shell Pilipinas, Cleanfuel, Seaoil, and Petro Gazz are among the oil...