Investors from the Middle East – primarily energy companies from Qatar, United Arab Emirates (UAE) and Saudi Arabia – are enthusiastically eyeing to funnel investments into offshore oil and gas exploration ventures in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), according to...
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...
The prices of diesel and gasoline products will be trimmed by P0.20 per liter this week, according to the pricing adjustment advisories of the oil companies. The industry players similarly announced that the price of kerosene products will be on rollback by a heftier P0.50 per liter. All price...
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...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has committed to secure nearly P200 million in direct cash aid or "ayuda" for some 8,000 fishermen who lost their livelihood in Oriental Mindoro as a result of the M/V...
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...
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...
Fuel budgets of consumers will be on a heavy strain this week as the price of diesel products will rise by P2.50 per liter; while gasoline prices will increase by P2.00 per liter, according to the pricing advisories of the oil companies. For kerosene, which is an essential base fuel for 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...
With successive cost spikes already running on its 11th week, the consumers’ drive to the gasoline stations will mimic another episode akin to squeezing blood from stone as petroleum prices will incur hefty increases next week, based on the calculation of the oil companies. According to the...
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...
ZAMBOANGA CITY – Thousands of liters of smuggled fuel on board a boat docked in a vessel docking facility here were seized by authorities on Saturday, September 9. The Coast Guard District Southwestern Mindanao, Bureau of Customs, and the Philippine Drug Enforcement Agency (PDEA) found...
