DAVAO CITY – Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) interim Chief Minister Abdulraof Macacua has placed the region under a state of calamity due to the impact of the dry spell and global oil crisis. Macacua signed Proclamation No. 2 dated May 14 but released to the public on May...
President Marcos plans to propose to Japanese officials during his upcoming state visit the exploration of alternative sources of petroleum products, noting that the impacts of the conflict in the Middle East should not be repeated if another crisis arises in the future. Asked during a roundtable...
Motorists will need to ease up on the gas pedal as gasoline and diesel prices are expected to increase this week amid renewed geopolitical tensions. The Department of Energy (DOE) reported that gasoline prices will increase by ₱1.21 per liter, while diesel will go up by ₱2.82 per liter....
KUALA LUMPUR, Malaysia (AP) — Malaysia ’s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters, rejecting allegations that authorities ignored a long-running trade allowing Iran to evade U.S....
The conflict in Iran continues, and while recent negotiations and a ceasefire offer a glimmer of light at the end of the tunnel, the future remains uncertain. When crises drag on, it’s easy to feel as though the chaos will last forever. We find ourselves asking: When will this end? While we...
Gasoline prices will increase for the third straight week starting Tuesday, May 12, while diesel prices will continue to decline. Based on the prescribed adjustments of the Department of Energy (DOE), gasoline prices will rise by ₱0.47 per liter, while diesel prices will see a ₱9.57-per-liter...
Across Filipino households , there is a growing effort to choose food that balances value, health, and convenience, finding their way through simple hacks that still result in delicious cooking. Expressing one’s love through cooking can be simple and practical yet thoughtful and meaningful. A big...
Eligible transport network vehicle service (TNVS) drivers and motorcycle taxi riders in Metro Manila are reminded to strictly follow their assigned schedules and venues for the government’s cash aid distribution starting Monday, May 11, as authorities enforce a “no walk-ins” policy to avoid...
LAPU-LAPU CITY, Cebu — The leaders of the Association of Southeast Asian Nations (ASEAN) are exploring the creation of a regional fuel reserve system to strengthen energy security and cushion member-states from future supply disruptions caused by wars and geopolitical tensions, President Marcos...
LAPU-LAPU CITY, Cebu — President Marcos has warned Southeast Asian leaders that no country can shield itself from the ripple effects of global conflicts, saying crises beyond the region are now directly affecting the daily lives of the people in the region. Speaking at the Retreat Session of the...
Consumers face a split at the pumps next week as regional market volatility drives a significant decline in diesel prices alongside a projected increase in gasoline. Based on the first four days of trading under the Mean of Platts Singapore (MOPS) benchmark, diesel prices are expected to drop by...
A group of local shipping companies and operators has expressed gratitude to the Maritime Industry Authority (Marina) for what it described as the agency’s quick response to assist their sector at the height the oil supply and price woes due to the Middle East conflict. In a letter sent to...
