Senator Aquilino “Koko” Pimentel III has refiled a bill seeking the suspension of value-added tax (VAT) and excise tax on fuel if the Dubai crude..
Tag Archives: Russia-Ukraine conflict
Electricity prices across Asia and the Pacific are seen to rise by as much as 27% by 2025 if the region’s energy supply will remain..
Should the Philippines enter an oil importation agreement with Russia, the Department of Energy (DOE) said that Petron Corporation should be included in the discussion..
House Deputy Speaker and Cagayan De Oro City Rep. Rufus Rodriguez will be refiling his proposed bill to suspend for four years the excise taxes..
Sen. Imee Marcos, elder sister of presumptive president Ferdinand “Bongbong” Marcos Jr., believes that outgoing Energy Regulatory Commission (ERC) chairperson Agnes Devanadera is fit to..
Outgoing Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera has proposed to the next administration to suspend the excise tax on coal and petroleum products to..
Petron Corporation recorded a net income of Php3.6 billion in the first quarter of 2022, more than double its Php1.73 billion net income in the..
With the Russia-Ukraine conflict in its second month, Petron – the Philippines’ largest oil firm – said that its oil supply remains stable, at least..
The Department of Energy (DOE) has ordered government agencies to conserve energy to ensure a sufficient supply of petroleum products amid the Russia-Ukraine crisis. The..
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude..