
Heat from a fragile ceasefire
Between 200,000 and 340,000 OFWs could lose their jobs if the war continues, a displacement that would compound the energy crisis with a demand-side collapse…
· 3 min read
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Between 200,000 and 340,000 OFWs could lose their jobs if the war continues, a displacement that would compound the energy crisis with a demand-side collapse…
· 3 min read

The political volatility currently engulfing the Senate will only worsen already fragile investor sentiment, according to Maharlika Investment Corp.…
· 3 min read

Department of Energy Secretary Sharon Garin said Thursday the country’s oil supply is nearing maximum storage capacity amid continued uncertainty in the global…
· 1 min read

Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read

I can’t blame Iran, a sovereign nation, for refusing to budge against a perceived Western bully paranoid about the possibility of a nuclear showdown.
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The United States and Iran are moving toward a possible resumption of ceasefire negotiations in Pakistan, with talks expected as early as Wednesday as both…
· 2 min read

The Department of Energy (DoE) is doing San Miguel Corp.’s petroleum unit, Petron Corp., a huge favor by securing an additional crude supply from Russia, first…
· 2 min read

Petron Corp. has procured 2.48 million barrels of crude oil from Russia amid geopolitical upheavals disrupting the country’s traditional Middle East supply…
· 1 min read

The Philippines' sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of "extreme necessity", a stock exchange filing revealed Monday,…
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MEXICO CITY, Mexico (AFP) — The Mexican government said Wednesday it has removed 128 tons of crude oil residue from the Gulf of Mexico following a spill first…
· 1 min read

Ejercito expressed reservations, saying it (China-Philippine deal) would not provide an immediate solution, noting that oil extraction would take three to five…
· 3 min read

A ship carrying more than 700,000 barrels of Russian crude oil has arrived in the Philippines, a source with knowledge of the matter told AFP on Thursday, days…
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Gasoline up P0.60 per liter; diesel, kerosene up P1.20
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China calls for restraint even as it continues to purchase Iranian crude.
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The Philippine Stock Exchange Index (PSEi) took a nosedive on Thursday, dropping 2.08 percent to 6,223.36, as investors reacted to a disappointing Q4 and…
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Fuel prices will hit drivers with a mixed bag starting this morning.
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CARACAS (AFP) — Venezuelan officials on Saturday condemned the “theft and kidnapping” of an oil tanker by the United States for the second time, according to a…
· 1 min read
The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the…
· 2 min read

