Petron secures Russian crude to shield fuel supply until June
Petron Corp. has procured 2.48 million barrels of crude oil from Russia amid geopolitical upheavals disrupting the country’s traditional Middle East supply…
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Daily TribuneTopic
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 peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
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Leaving procurement, allocation, and pricing entirely to market forces, without parallel state capability, exposes the country to risks it cannot control.
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When the oil industry was deregulated in 1998, the unbundling of bills at the pump should have accompanied it.
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The government is turning to “non-traditional” fuel suppliers from Argentina, Canada, Australia, Colombia, Brunei, and India, while the Department of Foreign…
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Malacañang on Monday ordered all government agencies to sharply reduce electricity and fuel consumption as the country faces rising oil prices.
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The country’s largest business groups on Monday urged the government to maintain stable interest rates and ensure fuel supply, warning that rising petroleum…
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Prices of petroleum products have surged to unprecedented levels just a month into the United States-Israel war on Iran. As a result, a lawmaker introduced a…
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The Holy Week exodus on major expressways may be noticeably calmer this year as soaring gasoline and diesel prices appear to have slowed movement of travelers…
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‘These projects reflect the country’s continuing shift toward a more diversified, resilient, and sustainable energy mix.’
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Budget airline Cebu Pacific (CEB) has assured that it can still fly and serve passengers as it has secured jet fuel until June this year, after fears that some…
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The Philippines recorded a total power demand reduction of 145.43 megawatts during Earth Hour 2026, the Department of Energy (DoE) said Sunday, citing strong…
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Malacañang said Sunday the government has started implementing measures to cushion the impact of global oil supply disruptions, citing new fuel imports and…
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The private sector has stepped in, but it cannot substitute for coherent policy from the government.
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Hinimok ni Senador Win Gatchalian ang administrasyong Marcos na makipag-ugnayan sa Iran upang payagan ang pagdaan ng mga oil tanker na patungong Pilipinas sa…
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The Department of Health announced that it was not set to implement an increase in service charge for its public hospitals amid the ongoing fuel price…
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The Philippines recorded a total power demand reduction of 145.43 megawatts during Earth Hour 2026, the Department of Energy said Sunday, citing strong public…
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Senator Sherwin Gatchalian on Saturday called on the Department of Energy (DoE) and the Department of Trade and Industry (DTI) to consider imposing a price cap…
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