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20,419 results for “domestic petroleum prices”
P22M illicit petroleum products seized in Bataan
Authorities in Bataan seized P22 million worth of illicit petroleum products in Dinalupihan, arresting eight suspects and confiscating over 104,000 liters of…
DOE wants P500K fine, 2-year jail term for petroleum hoarders as price disruptions remains
The Department of Energy is pushing for fines of up to P500,000 and up to two years in jail for petroleum hoarders amid global oil price disruptions from the…
Cops seize illegally transported petroleum products
A fisherman was arrested in Cawayan, Masbate after authorities seized 400 liters of illegally transported diesel fuel during an intelligence-led operation…
PCG seizes 5.4K liters illicit petroleum
The Philippine Coast Guard intercepted around 5,400 liters of allegedly illegally traded petroleum products at Tabaco Port in Bicol, detaining two individuals…
5,400 liters of petroleum products seized in Albay
Authorities in Tabaco City, Albay seized about 5,400 liters of undeclared petroleum products from a forward truck at Tabaco Port on April 11, 2026, during a…
Solon eyes energy funds for petroleum storage bunkers
House Minority Leader Marcelino Libanan proposes using Malampaya royalties to fund strategic fuel storage facilities, aiming to strengthen the Philippines’…
Lawmakers weigh government loans for petroleum firms
House leaders have filed the KALINGA Act to create an automatic protection system against global oil price shocks, alongside proposals to stabilize fuel costs…
PNP-HPG intercepts petroleum products
The PNP-Highway Patrol Group (PNP-HPG) intercepted an estimated ₱9 million worth of petroleum products in an operation earlier today, 07 April 2026. Nine…
Senate OKs bill authorizing Marcos to suspend excise tax on petroleum products amid oil crisis
The Senate approved a priority bill allowing President Marcos Jr. to suspend or reduce excise taxes on petroleum products amid rising oil prices due to Middle…
Excise tax, VAT suspension on petroleum products to 'tame' inflation; gov't faces P136-B revenue loss
The Department of Finance projects that suspending excise tax and VAT on petroleum products could help temper inflation caused by the Middle East oil crisis,…
BOC eyes P1.003T revenue target, petroleum imports key
The Bureau of Customs targets P1.003 trillion in revenues this year, with petroleum imports expected to contribute up to 35 percent of collections,…
Police flags down illegal transport of petroleum
Northern Samar police arrested five men for transporting gasoline in unsafe plastic containers along Maharlika Highway on 17 February 2026.
Phl inks 8 new petroleum, hydrogen deals
The Philippines signed eight Petroleum Service Contracts worth $207 million to boost oil, gas, and hydrogen exploration and strengthen energy independence.
Another petroleum price rollback seen next week
The Department of Energy announces upcoming petroleum price rollbacks, with gasoline set to drop by P1.40 to P1.70 per liter, diesel by P0.90 to P1.20, and…
