Senator Joel Villanueva has called as "oppressive" the Commission on Elections' (Comelec) spending ban on government offices as members of various industries are in need of subsidies due to increasing oil price hike. Villanueva on Tuesday urged the poll body to suspend its moratorium on the Land...
The country’s oil companies are implementing lower-than-calculated price rollbacks this week, but did not provide detailed explanation, the Department of Energy said. Effective Tuesday, April 5, the price cut for gasoline products would be P2.30 per liter, diesel would be P1.85 per liter, while...
McKupler Inc. debuts Mobil Super Series products locally With the soaring prices of gasoline and the intense driving conditions here in the Philippines, fuel efficiency seems far-fetched for Filipino car owners. But with the development of new and improved car engine oils, Mobil is here to save the...
Filipino motorists’ financial pain will be lightened a bit next week, as prices of petroleum products at the pumps will be on significant rollback based on the calculation of the oil companies. Industry players indicated that gasoline prices will be cut by P2.50 to P2.70 per liter while diesel...
US President Joe Biden (Xinhua) WASHINGTON, United States -- US President Joe Biden on Thursday announced that his administration will release 1 million barrels of oil per day for the next six months from its strategic reserve in an effort to tame the elevated gas prices. The authorization of...
Presidential aspirant Vice President Leni Robredo on Thursday, March 31, went around Lanao del Norte carrying a message of maintaining the peace and order in Lanao del Norte because this will pave the way for more investments and jobs. Vice President Leni Robredo (VPLR Media Bureau) Robredo began...
Senator Sherwin Gatchalian on Thursday called on concerned government agencies anew to ramp up the distribution of fuel subsidy under the Pantawid Pasada Program to targeted beneficiaries as oil companies impose a new round of fuel price hike this week. Gatchalian noted it is already the end of...
The country’s oil companies have implemented higher than the earlier calculated price hikes mainly due to premium charges and escalating freight costs for their imported products, according to the Department of Energy (DOE). In pricing adjustment advisories sent to the media, oil companies...
JEDDAH, Saudi Arabia -- A Yemeni rebel attack on a Saudi oil plant set off a huge fire near Jeddah's Formula One circuit during televised practice sessions on Friday, part of a wave of assaults on Aramco facilities. Smoke billowed near the circuit and the second practice was delayed in the attack,...
After just a week of rollback, prices at domestic petroleum pumps will be on hefty upticks again by Tuesday, March 29, due to renewed cost upswings in the world market. Based on estimates of the oil companies, diesel prices will climb by as much as P7.95 to P8.15 per liter while kerosene prices...
Former senator Joseph Victor “JV” Ejercito on Friday renewed his call for the government to suspend the excise tax on fuel to mitigate the ongoing global crisis on petroleum products brought about by the conflict between Ukraine and Russia. Ejercito said it’s imperative for the government to...
Senator Grace Poe is still not satisfied with the government's move to increase the monthly subsidy to poor Filipino families from P200 to P500 by saying it "may look better on its face but there's a catch." Poe in a statement Thursday expressed concern that from the earlier promised year-long...
