The Department of Science and Technology (DOST) said Sunday, Oct. 17, that the results of the virgin coconut oil (VCO) trial at Philippine General Hospital (PGH) which aims to determine the safety and efficacy of VCO as adjunctive therapy for coronavirus disease (COVID-19) cases may be out by end...
The government is expecting P492.4 billion worth of investments if the oil and gas service contracts (SCs) to be awarded under the Philippine Conventional Energy Contracting Program (PCECP) designed by the Duterte administration will eventually reach commercial development and production phases....
Senator Sherwin Gatchalian on Thursday, Oct. 14 urged the government to reactivate the government’s fuel subsidy program, Pantawid Pasada Program, to provide relief to the public transport sector that would be affected by the recent oil price increases. Gatchalian said it is important to shield...
With recovery in oil demand, the country’s total oil import bill in the first half this year significantly climbed by 55.9-percent to $4.795 billion from a leaner $3.075 billion in the same period in 2020. In a report released by the Department of Energy (DOE), it specified that one key factor...
The Land Transportation Franchising and Regulatory Board (LTFRB) said it will review the fare hike petitions to be submitted by transport groups amid the rise in fuel costs as holiday season nears. (ALVIN KASIBAN / MANILA BULLETIN FILE PHOTO) "Kung sakaling mareceive ng aming opisina ang request...
The lingering price hike in oil and other petroleum products may persist up until the end of the year or in the first quarter of 2022 due to still limited supply of energy, an official of the Department of Energy (DOE) said Tuesday, Oct. 12. DOE-Oil Industry Management Bureau Director Rino Abad...
As oil prices continue to rise, the political opposition called on government to buy back Petron as part of the effort to control the runaway prices. Gasoline pump picture House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate and Makabayan senatorial bet and Bayan Muna chairman...
As Christmas shopping nears, Filipino consumers must also factor in higher fuel budgets with the anticipated next round of hefty oil price hikes next week at P1.30 to P1.40 per liter for gasoline products, and P1.40 to P1.50 for diesel products. For kerosene, which is widely used in the aviation...
The improvement in terms of economic activities brought by worldwide COVID-19 vaccination drives has prompted the recent oil price hike in the country, an official of the Department of Energy (DOE) explained Wednesday, Oct. 6. DOE Asec. Gerardo Erquiza said that as the "economy moves," the demand...
The Department of Energy is planning a cost subsidy to public transport sector to cushion impact on the most vulnerable as oil prices surged past $81 per barrel this week. Atty. Rino Abad, director of the DOE- Oil Industry Management Bureau (OIMB),said the government is currently exploring the...
The Department of Science and Technology (DOST) has yet to release the final results of the clinical trials on potential adjunct treatments against coronavirus disease (COVID-19). Director Jaime Montoya of the DOST’s Philippine Council for Health Research and Development (PCHRD) gave updates on...
Filipino motorists will bear the financial brunt of big-time price hikes for petroleum commodities this week as the retail costs of diesel and kerosene will go up by P2.05 per liter, as announced by the oil companies. Gasoline product prices, on the other hand, will also be higher by P1.45 per...