(Ali Vicoy/ File photo/ MANILA BULLETIN) Former Bayan Muna Party-list Rep. Carlos Zarate slammed local oil companies on Monday, Jan. 20 for their imminent "big time" price hike reaching as high as P2.80 per liter on pump fuel prices. "Kala mo...
The fuel products of leading oil firm Petron Corporation have been rated ‘top consumer choice’, based on a recent survey carried out by Hongkong-based consumer intelligence firm Standard Insights. Taking cue from that survey outcome, Petron has been bestowed the ‘Consumer Choice Awards’ by...
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...
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...
(Ali Vicoy/ File photo/ MANILA BULLETIN) House Speaker Martin Romualdez has floated possible ways the government can "compromise" in order to alleviate the impact of surging local fuel prices. This, as Romualdez announced the conduct of a...
House Speaker Martin Romualdez (Speaker’s office) Nine straight weeks of pump fuel price hikes mean it's time for House Speaker Martin Romualdez to have a friendly chat with local oil companies. “It is common knowledge that oil companies still sell supplies...
Senatorial candidate Gilbert "Gibo" Teodoro is the latest personality to call for the "unbundling" of domestic fuel prices, which for the entire year have been on an upward trajectory. (Ali Vicoy/ MANILA BULLETIN) Teodoro said that price unbundling is the oil companies' act of itemizing or breaking...
Listed firm Phoenix Petroleum Philippines Inc. further expanded its market share to 8.3 percent in the first half this year from a leaner 7.1 percent last year, securing its stature as the third biggest player in the deregulated downstream oil industry in the country. Phoenix Petroleum Logo Citing...
Filipinos were just up with heavy spending on their Christmas shopping, but there is financial relief that they can look forward to as pump prices are anticipated to be on slight rollback next week. MB file photo. (Mark Balmores) Based on the initial calculation of the oil companies, gasoline...
With the West Philippine Sea already legally opened by the government for oil and gas exploration, Energy Secretary Alfonso G. Cusi has intensified his call on neighbor-countries in the Southeast Asian region to join in the ‘upstream exploration ventures’ in Philippine waters. In his address at...
The Department of Energy (DOE), through its Task Force on Energy Resiliency (TFER), has mobilized the country’s power firms so probable power interruptions or blackout impact of tropical storm ‘Pepito” could be eased if not totally avoided in various parts of the country. Energy Secretary...
