Garin warns oil firms vs excessive hikes as prices fall
Energy Secretary Sharon Garin on Monday said oil companies must follow government-prescribed adjustments and avoid excessive increases, even as pump prices are…
· 2 MIN READ
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Energy Secretary Sharon Garin on Monday said oil companies must follow government-prescribed adjustments and avoid excessive increases, even as pump prices are…
· 2 MIN READ
Five renewable energy projects with a combined capacity of 128.9 megawatts (MW) have entered commercial operations to add fresh supply to the grid and help…
· 2 MIN READ
Citing the Monday to Wednesday trading at the regional benchmark, industry sources who requested anonymity said diesel prices could plunge by P18 to P20 per…
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Another round of fuel price rollbacks may be on the horizon next week, and if the current trend holds, diesel prices could ease back below the P100-per-liter…
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The Department of Energy (DOE) said fuel price movements in the country are driven by global market timing and inventory costs, not immediate profit shifts for…
· 1 MIN READ
The Department of Energy (DOE) clarified that recent fuel price rollbacks are not government-imposed fixed adjustments but are based on international market…
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Energy Secretary Sharon Garin said the Department of Energy will meet with United States Embassy officials to discuss developments related to…
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The government on Tuesday announced significant fuel price rollbacks alongside targeted subsidies for public utility drivers, as authorities respond to ongoing…
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The Department of Energy on Monday urged government agencies to begin shifting to electric vehicles (e-vehicles) as the ongoing oil crisis stemming from the…
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Fuel prices in the Philippines may no longer return to P60 per liter as structural damage from the ongoing Middle East conflict continues to affect global oil…
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The Philippine government has signed oil exploration contracts with various nations, including Australia, the United Kingdom and Israel, on potential oil and…
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The Philippine government has signed oil exploration contracts with various nations, including Australia, the United Kingdom, and Israel, on potential oil and…
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Department of Energy Secretary Sharon Garin said the government could lose around P170 billion annually if the value-added tax (VAT) on…
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Department of Energy (DOE) Secretary Sharon Garin said that, through the Philippine National Oil Company (PNOC), the government is procuring its own fuel…
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Energy Secretary Sharon Garin on Friday confirmed that the Philippines has secured commitments for the delivery of 165 million liters of fuel amid supply…
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Marikina City 2nd District Rep. Miro Quimbo opposed proposals to remove the value-added tax on fuel, warning of revenue losses and risks to the country’s…
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So far, all we have heard from the DoE are excuses for why it cannot do anything to stop prices from surging.
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A Senate ad hoc committee, formed to develop contingency plans for the looming oil supply shortage brought about by the Middle East crisis, is urging the…
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