It will be mixed emotions for motorists at the pumps next week, as the rollback in diesel may bring cheers to some consumers, but those filling up their vehicles with gasoline will experience pinch on their pockets as the price of this commodity is anticipated to rise. Based on the calculation of...
As global oil prices crashed, Filipino consumers can look forward to big-time rollback in pump prices at the domestic pumps by next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will have the heftiest price cut within the...
The pockets of consumers using gasoline products will have a breather this week as the price of this commodity will be on rollback by P2.00 per liter, as announced by the oil companies. Nevertheless, it will be a reverse scenario for diesel products as the price of this fuel will rise at a modest...
Philippine Coast Guard personnel install booms and sorbent pads to contain an oil spill detected at the Puerto Princesa City Port in Palawan on Sept. 30, 2023. (Courtesy of PCG) An oil spill was monitored in the vicinity waters off Puerto Princesa City Port in Palawan on Saturday, Sept. 30. In a...
Motorists using gasoline products will likely benefit from more than P2.00 per liter rollback at the pumps next week, but there’s a bit of bad news for diesel users because the price of that commodity will slightly go up, based on the calculation of the oil companies. According to the industry...
Investors from the Middle East – primarily energy companies from Qatar, United Arab Emirates (UAE) and Saudi Arabia – are enthusiastically eyeing to funnel investments into offshore oil and gas exploration ventures in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), according to...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) The House of Representatives leadership is asking the big oil firms to implement discounts reaching up to P4 per liter on their pump fuel products. This was bared by Deputy Majority Leader and...
The prices of diesel and gasoline products will be trimmed by P0.20 per liter this week, according to the pricing adjustment advisories of the oil companies. The industry players similarly announced that the price of kerosene products will be on rollback by a heftier P0.50 per liter. All price...
After 11 weeks of financial torment at the gasoline stations, consumers can finally heave a sigh of slight relief as oil prices will be on rollback at the pumps by Tuesday (September 26), based on the calculation of the oil companies. According to the industry players, the price of diesel products...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has committed to secure nearly P200 million in direct cash aid or "ayuda" for some 8,000 fishermen who lost their livelihood in Oriental Mindoro as a result of the M/V...
Senate Minority Leader Aquilino “Koko” Pimentel III said that he is open to proposals of suspending the excise tax on imported oil and bio-ethanol as an immediate measure to bring down the fuel prices in the country. “The suspension of the excise tax could offer a temporary respite and serve...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has personally warned emissaries of local oil companies that lawmakers won't hesitate to get tough on them if they turn out to be "part of the problem"--the problem being the...
