The Philippine Coast Guard (PCG) deployed a response team to contain the oil spill that was detected in two municipalities in Batangas on Tuesday morning, May 23. (PCG) The oil spill was spotted in Brgy. 4 in Calatagan and in Brgy. Klamias in Mabini, said Capt. Vic Acosta, commander of PCG Station...
The drive of consumers to petroleum pumps this week will take a little pinch on their pockets, as the price of gasoline products will rise by P0.80 per liter and diesel will go up by P0.60 per liter. For vital industries as well as households that have been leaning on kerosene products, they will...
Two tugboats have been deployed in Oriental Mindoro to contain the oil sheens that were again monitored in the municipal waters of Naujan nearly three months since motor tanker (MT) Princess Empress sank and sparked a massive oil spill, the Philippine Coast Guard (PCG) said. (Photo: PCG) The PCG...
There will be mixed price adjustments at the domestic pumps by Tuesday, May 23, but cost swings are expected to be relatively marginal, based on the calculation of the oil companies. According to industry players, the price of gasoline will rise by P0.60 to P0.90 per liter; while diesel prices will...
CocoFlexSorb, a bio-based polyurethane foam from the Mindanao State University - Iligan Institute of Technology (MSU-IIT) is slated to become an innovative addition to the country's oil response. DOST Secretary Renato U. Solidum Jr. holds up a crude oil-soaked CocoFlexSorb – a foam technology...
It will be a distressing drive to petroleum pumps this week as the price of diesel products will rise by P1.40 per liter; while gasoline prices will have relatively marginal increase of P0.35 per liter, as announced by the oil companies. Additionally, the industry players sent notices that the price...
Motorists will feel the pinch on their wallets anew as fuel commodity prices take a reverse course for uptrends next week, based on calculation by oil companies. According to the industry players, diesel prices will have a relatively significant increase of P1.25 to P1.55 per liter, while gasoline...
Families affected by an oil spill in Oriental Mindoro in February have received P430 million in humanitarian aid from the Department of Social Welfare and Development (DSWD). According to the report of the DSWD-Disaster Response Management Bureau (DRMB), as of May 11, humanitarian assistance has...
Leading oil firm Petron Corporation reported that its consolidated net income in the first quarter this year slightly dropped to P3.4 billion versus last year’s more upbeat bottom line of P3.6 billion due to higher financing cost. “The increase in financing cost was partly tempered by the...
Cavite 4th district Rep. Elpidio Barzaga Jr. (Mark Balmores/ MANILA BULLETIN) Government officials ought to set an example to the public to prove that it's already safe to eat fish that was caught in the Mimaropa region, which was affected by MT Princess Empress oil spill. Cavite 4th district Rep....
Big relief awaits consumers this week as the price of major petroleum products will be trimmed by significant amounts, based on the pricing adjustment advisories of the oil companies. For diesel products, the price decrease will be at heftier scale of P2.70 per liter; while gasoline prices will be...
Motorists are in for significant financial relief with oil prices on on big time rollback next week due to the downtrend of prices in the world market, according to industry players. Based on estimates, gasoline prices will be trimmed by P2.10 to P2.40 per liter; while diesel prices will have...
