Thousands of transport workers in Manila will receive financial assistance as the city government rolls out P17.3 million in fuel subsidies to help drivers cope with the continuing rise in global oil prices. The assistance, provided through the fuel subsidy program of the Department of Social...
Manila City Mayor “Isko Moreno” on Monday announced the early release of P1.76 billion in financial assistance, incentives, and barangay shares to support residents and keep the city’s economy moving, to help Manileños from the impact of rising global oil prices. The funding package, sourced...
BACOLOD CITY – This highly-urbanized city will form a monitoring team to oversee all gas stations as fuel prices continue to rise due to the overseas conflict. This was discussed during an alignment meeting led by City Administrator Mark Mayo attended by Mayor Greg Gasataya at the Bacolod City...
The country’s infrastructure program faces potential cost increases from rising global oil prices but construction projects nationwide will continue as planned, Department of Public Works and Highways (DPWH) Secretary Vince Dizon said Tuesday, March 10. Dizon said many government infrastructure...
Senators are now seeking to grant the President authority to suspend or reduce taxes on petroleum products during times of global oil supply disruptions due to external shocks. Sen. Francis “Chiz” Escudero and Sen. Francis “Kiko” Pangilinan each filed separate bill empowering a sitting...
Sixteen gasoline stations in Echague, Isabela were issued notices of violation for allegedly selling overpriced petroleum products. Their violations were discovered during an inspection conducted by the Municipal Fuel Monitoring and Enforcement Team (MFMET) under Executive Order No. 07, Series of...
BACOLOD CITY – The Police Regional Office-Negros Island Region (PRO-NIR) has intensified monitoring and coordination efforts with partner agencies and local government units (LGUs) to ensure the stability of fuel supply and maintain peace and order amid global developments that could impact oil...
Senator Imee Marcos has filed a resolution seeking to conduct an inquiry in aid of legislation into the country 's energy reserves as well as the government 's mitigation responses to "energy shock". Marcos filed P.S. Resolution No. 333 on Tuesday, March 3, amid the escalating conflict...
Citing the mounting burden on small farmers, the Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, March 3, denounced the latest oil price hike and urged the government to provide urgent subsidies as Middle East tensions threaten to push global crude prices even higher. KMP said oil firms...
Motorists are about to brace for the inclement weather and higher prices at the gas pumps. Effective Tuesday, July 22, gasoline prices will be raised by ₱0.40 per liter, diesel by ₱1.10 per liter, and kerosene by ₱0.70 per liter. Shell, Seaoil, and PetroGazz are among the few oil companies...
Motorists are getting another round of relief as oil prices are set to go down further this week. Starting Tuesday, July 8, gasoline prices will decrease by ₱0.70 per liter, diesel by ₱0.10 per liter, and kerosene by ₱0.80 per liter. Shell Pilipinas, Seaoil, PetroGazz, and PTT are among the...
Malacañang has pushed back against accusations from Kabataan Partylist that President Marcos is a “puppet” of big corporations, urging the group to focus instead on legislative work—particularly on crafting a law to regulate oil prices. “Sana medyo maliwanagan po ang Kabataan Partylist...