Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
Daily TribuneTopic
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
The Department of Energy (DOE) is drawing a hard line on coal, insisting the country’s six-year-old moratorium will stay in place despite mounting pressure to…
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Department of Energy Secretary Sharon Garin said Thursday the country’s oil supply is nearing maximum storage capacity amid continued uncertainty in the global…
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‘We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal.’
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The Department of Energy (DOE) said the country’s response to oil market disruptions linked to developments in the Middle East are expected to stabilize…
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For decades, the country has pinned its hopes on foreign investments and open markets to drive development. Record inflows of over $100 billion last year were…
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The Department of Energy (DOE) released a statement on 6 May assuring the public that it is closely monitoring the country’s electricity situation and…
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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…
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... But Proposals regarding VAT on electricity are under the DOE; what the agency could do, instead, is provide technical input on the potential impact of such…
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The United States Embassy in the Philippines launched a specialized professional development program for college instructors here last week, aimed at improving…
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Global oil prices remain at levels that continue to exert upward pressure on domestic fuel and transport costs.
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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A parallel I see is the way our own political playbook is repeated over and over again.
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The most likely near-term scenario is more of the same: the conditional ceasefire extended pending talks, with almost no shipping through the Strait of Hormuz,…
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Cutting the value-added tax (VAT) on electricity may offer immediate relief to consumers, but the Department of Energy (DOE) cautioned that the proposal comes…
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Epektibo na ngayong araw ang panibagong paggalaw sa presyo ng mga produktong petrolyo, matapos ang tatlong sunod na rollback.
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Senator Imee Marcos urged the government to pursue direct government-to-government (G2G) oil procurement and diversify the country’s fuel supply sources to…
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The seven countries are widely expected to increase their quotas by 188,000 barrels per day.
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