Lt. Cdr. Michael John Encina, commander of Coast Guard Station Bataan, says an oil pumping machine will arrive from Singapore on Aug. 16, 2024 to hasten the oil recovery operations for sunken tanker MTKR Terranova. (Courtesy of PCG/Zoom) An oil pumping machine from Singapore was scheduled to arrive...
The pressure on oil price hikes next week skidded slightly, as the increase for some commodities had gone lower than P1.00 per liter if reckoned on the outcome of four-day trading in the regional market. Based on the new calculation of the oil companies, the anticipated rise for gasoline products...
The recent environmental disaster in Bataan caused by an oil spill has left the local fisherfolk community grappling with a huge income loss, already estimated by the Department of Agriculture at ₱78.69 million as of Aug. 7. Responding to the crisis, the Department of Labor and Employment (DOLE)...
Big-time price hikes at the pumps will take another gut-wrenching blow on consumers’ pockets next week, as oil prices are projected to rise above P1.00 per liter across commodities. Based on the calculation of the oil companies, the price of gasoline products will likely increase by P1.10 to...
The Department of Justice (DOJ) on Thursday, August 15, urged residents who have been affected by the oil spills in Bataan to come forward and seek compensation. So far, there have been around 31,000 Cavite residents and around 21,000 Bataan residents who been identified as possible recipients of...
Claim centers would be set up in areas affected by the oil spill, the owner of the ill-fated motor tanker (MT) Terranova said on Wednesday, August 14. Valeriano del Rosario, legal counsel of the owner of the MTKR Terranova, told the Senate Committee on Environment and Natural...
Consumers will have a few more pesos to spend on their other basic needs this week, as fuel prices will be on significant rollback to the tune of P2.45 per liter for gasoline; and P1.90 per liter for diesel products. Kerosene, which is the other commodity in the triumvirate of weekly price...
State-run Philippine National Oil Company (PNOC) is seeking the allocation of P6.02 billion supplemental budget so it can have ready financial capacity to cough up investment in case one of the consortium-members in the Malampaya gas field project would face snags in its capital contribution to the...
Distribution of family food packs and financial assistance to fisherfolk affected by the Bataan oil spill in Cavite City on August 9 (Photo from Rep. Jolo Revilla/MANILA BULLETIN) A total of 5,231 fishermen affected by the Bataan oil spill in Cavite City received economic assistance on Friday,...
Senate Majority Leader Francis Tolentino has announced that the Senate investigation on the oil spill caused by the MT Terranova will be conducted on August 13. (Photo from the Office of Senate Majority Leader Francis Tolentino) Tolentino filed last week Senate Resolution No. (SRN) 1084, which...
The Department of Social Welfare and Development (DSWD) said it is continuously supporting the local government units (LGUs) in Bataan and Cavite by augmenting their resources to assist fisherfolk and families affected by the oil spill. DSWD Assistant Secretary for Disaster Response Management...
There will be massive financial relief in the pockets of consumers next week, as oil prices will be on hefty rollback that could go beyond P2.00 per liter across products, based on the preliminary calculation of the oil companies. As reckoned from the three-day outcome of trading in the regional...
