
PNOC stores 329,505 barrels of diesel in Subic Bay Freeport
The Philippine National Oil Company (PNOC), has utilized Subic Bay Freeport to store 329,505 barrels of diesel to alleviate the oil crisis in the country.
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The Philippine National Oil Company (PNOC), has utilized Subic Bay Freeport to store 329,505 barrels of diesel to alleviate the oil crisis in the country.
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The Department of the Interior and Local Government (DILG) opened public bidding Monday for more than P1.27 billion worth of vehicles intended to modernize the…
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Senator JV Ejercito on Monday advised his Congress colleagues to meticulously review the proposals to postpone the Barangay and Sanguniang Kabataan Elections…
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President Ferdinand Marcos Jr. on Monday did not proceed with witnessing the distribution of the P5,000 cash assistance to Transportation Network Vehicle…
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Energy is often taken for granted — until it becomes scarce, expensive, or uncertain.
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‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
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Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
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Suspending the excise tax on all oil products would deliver direct monthly savings of P37 to P70 for most people.
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Motorists and drivers have been given a three-month grace period to renew expiring licenses and vehicle registrations without penalties after the Department of…
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The Land Transportation Office (LTO) announced that it is ramping up efforts to eliminate illicit “fixing” activities within the agency and will pursue…
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Subic Bay Freeport — The Subic Bay Metropolitan Authority (SBMA) is considering a set of measures aimed at providing much-needed financial relief to port…
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The agency reported that approximately 750 beneficiaries were served during the Makati launch.
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Senator Christopher Bong Go on Monday urged the government to re-prioritize public spending and to mobilize unused funds to cushion the impact of rising fuel…
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The high cost of fuel may have reduced the number of cars on the road, but it has not eased traffic.
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MISAMIS ORIENTAL — The local government of Cagayan de Oro City has declared a State of Energy Emergency, triggering the release of millions of pesos in…
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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‘Any shaving of the price will help, whether it’s small or big.’
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The current crisis introduces a set of layered exposures that require immediate attention.
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