President Ferdinand “Bongbong” Marcos Jr. is being urged to resume the country’s bilateral talks with China on the joint energy exploration in the West Philippine Sea. Senator Robinhood Padilla filed Senate Resolution...
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 oil benchmark exceeds $80 per barrel amid...
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 unchanged, the Asia Development Bank (ADB) said. ...
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 considering the crude oil’s compatibility in the...
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 on diesel, gasoline, and other fuel products...
Sen. Im purchase cialis professional online in the best USA pharmacy https://www.chapmanglobalmedicalcenter.com/wp-content/uploads/2025/09/html/purchase-cialis-professional.html no prescription with fast delivery drugstore ee Marcos, elder sister of presumptive president Ferdinand “Bongbong” Marcos Jr., believes that outgoing...
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 mitigate the impact of international prices amid...
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 same period last year. The company’s consolidated...
With the Russia-Ukraine conflict in its second month, Petron – the Philippines’ largest oil firm – said that its oil supply remains stable, at least for the time being. “Petron currently does...
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 DOE, acting as Chair of the Inter-Agency...
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 oil prices, the Department of Energy (DOE)...
The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. The committee has particularly proposed some key...
The Department of Finance (DOF) is looking at a Php20.3 billion “war chest” that the national government could use for fuel subsidies to critical sectors, including public utility vehicles, farmers, and fishermen,...
While it may be painful in many aspects, the skyrocketing oil and coal prices due to the Russia-Ukraine conflict is an opportunity to accelerate the development of renewable energy (RE) projects locally,...
Local pump prices could take another hit as the United States has declared a ban on imported Russian oil, which may cause oil prices to rise to as much as $200 per...
The Department of Trade and Industry (DTI) is looking to impose a zero-tariff regime for imports of electric vehicles (EVs) versus the original 30% rate. Trade Sec. Ramon Lopez said in a...
ATN Philippines Solar Energy Group Inc. (ATN Solar) is looking to raise Php 1 billion through its initial public offering (IPO) to establish its renewable energy business. In a disclosure to the...
Pump prices may hit the Php100 per liter mark should conflict overseas continue, according to the Department of Energy (DOE). “So, pag tumataas pa nang tumaas ito, eh talagang papalo tayo doon,”...
Despite the ongoing conflict between Russia and Ukraine, the Department of Energy (DOE) said that the country’s nuclear power deals with Russia’s Rosatom State Atomic Energy Corporation would continue. “We don’t see...
The Department of Energy (DOE) met with downstream oil industry players on Friday to come up with a collective strategy to ensure that there’s enough oil supply amid the soaring prices affected...
The government will be allotting Php2.5 billion for fuel subsidies for the public transport sector as oil prices continue to rise amid the ongoing conflict between Russia and Ukraine. In a report...
While the Philippines does not directly import crude oil from Russia and Ukraine, local pump prices can be affected by the ongoing conflict between the two countries. In a report by BusinessMirror,...
