The days of ‘secrecy’ in weekly oil price adjustments are numbered following the Supreme Court’s decision which upheld the fuel cost unbundling policy that the Department of Energy (DOE) initially attempted for implementation via a Circular in 2019. Relative to the high court ruling, former...
All questions surrounding the sunken and capsized vessels that caused massive oil spill in Bataan and nearby cities will be investigated, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. leads the distribution of assistance to fishermen affected by the oil spill in Navotas on Sept....
There will be another round of significant financial reprieve on the pockets of consumers next week as hefty price rollback will continue its streak at the gasoline stations next week, based on the calculation of the oil companies. As reckoned on the three-day outcome of trading in the regional...
A boodle fight was held in Rosario, Cavite, on Sept. 10 to promote the seafood industry after the Bataan oil spill (Photo courtesy of Sid Samaniego/MANILA BULLETIN) CAVITE—The local government unit (LGU) of Rosario held a fish port boodle fight on Tuesday, Sept. 10, to show to the...
A significant weight will be lifted off from consumers’ pockets this week, as the price of gasoline products will be on hefty reduction of P1.55 per liter; while diesel prices will also go down by P1.30 per liter. Kerosene, which is another commodity that is not just essential to household...
Consumers will catch bigger financial break in their drive to the gas stations next week, as price rollbacks have gone heftier at end-week trading on Friday (September 6), prompting estimated price cuts for gasoline at the scale of P1.45 to P1.85 per liter. Diesel prices are also anticipated to...
Motorists are in for a new round of financial relief next week as the oil companies have estimated significant rollback in oil prices that will be reflected at the domestic pumps next week. Based on the initial calculation of the industry players, the price of gasoline products will be down by...
State-run Philippine National Oil Company (PNOC) will reinforce its initiative for solar rooftop installations at the buildings of the National Economic and Development Authority (NEDA) in Region IV-A areas. The planned deployment of solar photovoltaics (PVs) in the NEDA facilities was cemented...
This photo released by the European Union's Operation Aspides naval force shows the Greek-flagged oil tanker Sounion burning in the Red Sea following a series of attacks by Yemen's Houthi rebels on Monday, Sept. 2, 2024. (European Union's Operation Aspides via AP) DUBAI, United Arab Emirates...
Consumers will have to bear new round of financial strain this week on their daily drive to work as gasoline prices will rise by P0.50 per liter; and diesel by P0.30 per liter, based on the pricing advisories of the oil companies. Kerosene, which is the other commodity in the triumvirate of weekly...
Financial strain on consumers’ pockets will ease a bit next week, as the anticipated oil price hikes ended up at lower amounts, based on the outcome of end-week trading in the regional market. According to the oil companies, the estimated increase for gasoline products will be at P0.25 to P0.65...
The Department of Social Welfare and Development (DSWD) said it continues to closely monitor the effects of the Bataan oil spill on local communities and is prepared to provide additional assistance if needed. Regional Director Venus Rebuldela from the DSWD-Field Office 3 (Central Luzon) reported...
