A total of 128,912 operators of public utility vehicles (PUVs) have been included in the list of the beneficiaries of the fuel subsidy through a cash assistance from the national government amid the continuous increase in the prices of petroleum products in the past weeks, the Land Transportation...
The Department of Energy (DOE) is batting for comprehensive review of the taxes being levied on petroleum products as well as those for electricity generation – with the end goal of scrapping taxes that are being imposed on other taxes. Energy Secretary Raphael P.M. Lotilla primarily indicated...
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...
SINGAPORE – Multinational energy giant Royal Dutch Shell has been piloting the use of hydrogen as alternative fuel for heavy road transport, primarily for trucks that have been moving goods and services to various destinations. In an interview, Istvan Kapitany, global executive vice president for...
NEW YORK — Climate campaigner Lidy Nacpil made history as the only Filipino and civil society leader to speak at the UN Climate Ambition Summit here on Sept. 20 where she called on world governments "to take decisive bold actions for a rapid, equitable transition out of fossil fuels...
Senator Juan Edgardo “Sonny” Angara on Friday, September 22, welcomed the Commission on Elections’ (Comelec) decision to exclude the government fuel subsidy program from the ban on spending during the election period for the 2023 barangay and Sangguniang Kabataan (SK) polls. With this,...
A vessel containing illicit fuel products has been confiscated by the Bureau of Customs in Zamboanga City. In a statement, Customs said the agency has intercepted the M/L Zshahuny II on Sept. 9 at Brgy. Cawit, Zamboanga City for transporting 89,600 liters of smuggled diesel fuel valued at...
The Commission on Elections (Comelec) has granted the petition of the Land Transportation Franchising and Regulatory Board (LTFRB) to exempt the distribution of fuel subsidy from the spending ban for the barangay and Sangguniang Kabataan elections. The spending ban was the reason why the LTFRB...
The Department of Budget and Management (DBM) said the government has P500 million remaining to allocate for additional fuel subsidies in the transport sector. Budget Secretary Amenah F. Pangandaman said the Marcos administration is committed to address the escalating commodity prices, despite...
SINGAPORE – Not all fuels are the same -- as a top-tier product can be elevated in the global map as the fuel provider to a car racing champion at the Formula One (F1) World Championship, the highest class of single-seat auto racing competition organized by the Fédération Internationale de...
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...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) Oil companies made numerous requests to House Speaker Martin Romualdez but offered nothing concrete in return during their consultative meeting Monday, Sept. 18 on the fuel price surge problem. Thus, said...
