The Department of Energy (DOE) has reminded oil companies to use up all their oil supplies before applying the new round of the tax increase..
Tag Archives: Oil
The upward movements in global oil prices have triggered another price increase in the country. Oil companies will implement P1.05 per liter, while diesel and..
Gas station owners who will attempt to sell untaxed petroleum products and smuggled goods will be criminally prosecuted, according to the Bureau of Internal Revenue..
The Organization of the Petroleum Exporting Countries (Opec) in a meeting on Monday, July 1, extended the oil production cuts for another nine months in..
President Rodrigo Duterte has signed an executive order that approves of third party participation in exploring, developing, and utilizing the country’s energy resources such as..
The Department of Energy (DOE) has recorded a rise in the country’s net oil import by 31 percent in 2018, from last year’s $9.256 billion..
1-PACMAN party-list Rep. Michael “Mikee” Romero renewed his call to establish the Philippine Strategic Fuel Reserves (PSFR), which is said to address the country’s shortage..
Oil prices will increase today with P0.90 per liter for gasoline and P0.55 per liter for diesel products due to bellwether Dubai crude hitting US$62..
The Department of Energy (DOE) wants to explore legal means that could force oil companies to be more transparent on their margins for profit. DOE..
The Philippine National Oil Co. (PNOC) is looking to redevelop the 11.89-hectare Pandacan oil depot in Manila. “We have a property in Pandacan. Petron’s oil..