The slight weakening of global oil demand recently will just trigger slight adjustments in pump prices next week amid pressure from the strengthening US dollar. 19872 Based on the calculation of the industry players, gasoline prices will likely be unchanged or it could redound to a price hike of...
Senator Imee Marcos has appealed for the suspension of the imposition of the 12-percent value-added tax (VAT) on oil products for a year while the country continues to grapple with the COVID-19 pandemic and its impacts to the economy. 18997 The chairperson of the Senate Committee on Economic...
Filipino consumers are in for a tighter financial squeeze this week, as fuel products will be rising anew – and it will be a big-time hike of P1.15 per liter for gasoline products; and P0.60 per liter for diesel. The other commodity that will have higher prices in the triumvirate of product cost...
The Philippine Coast Guard (PCG) assured the public Friday, July 9, that no oil spill happened in the aftermath of a collision between a cargo ship that contained 3,000 liters of oil and a utility foreign vessel at the Manila South Harbor. A cargo vessel MV Palawan Pearl and foreign utility vessel...
An environmental activist group wants to find out if the controversial issuance of an Environmental Compliance Certificate (ECC) to the "Aerocity" reclamation project had any bearing on the oil spill that took place in Manila Bay Thursday morning, July 8. (Photo by Tom Barrett/ Unsplash) “This...
The Department of Science and Technology (DOST) said Wednesday, June 30, that the clinical trial on Virgin Coconut Oil (VCO) as adjunct treatment for patients with moderate and severe cases of coronavirus disease (COVID-19) may be completed “within July.” (UNSPLASH / MANILA BULLETIN) DOST...
Philippine Fisheries Development Authority (PFDA) and Philippine National Oil Company Renewables Corporation (PNOC RC) are eyeing potential partnerships in renewable energy (RE). This move should help PFDA, an attached agency to the Department of Agriculture (DA), conserve energy within the fish...
Unabated rise in oil prices, including the next round that will take effect this week, has worsened the adverse economic effects of the 2019 novel coronavirus disease (COVID-19) pandemic to Filipino families. Asst. Minority Leader and Gabriela Women’s Partylist Rep. Arlene Brosas warned on...
It’s a bit of mid-year sting on consumers’ pockets; as gasoline prices will rise by a hefty P1.00 per liter this week; while diesel prices will have upward adjustment of P0.65 per liter. Another fuel commodity kerosene will also have higher prices this week by a scale of P0.70 per liter, as...
The “preliminary” results of the clinical trials on the use of the Virgin Coconut Oil (VCO), and lagundi (Chinese chaste tree) as a coronavirus disease (COVID-19) therapeutic or supplement could be expected by next month, an official of the Philippine Council for Health Research and Development...
The government is not pleased with the latest round of price increase of petroleum products during the coronavirus pandemic but appeared helpless in preventing the spike. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) Presidential spokesman Harry Roque acknowledged that oil prices are driven by world...
With continued rally in prices in the world market, Filipino consumers will need to cough up heftier budgets this week for their fuel usage, as the price of gasoline will increase by P0.75 per liter; and diesel by P0.70 per liter. The other commodity that will have higher price this week is...
