DoE scrambles for Petron supply
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
Daily TribuneTopic
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
Senator Christopher “Bong” Go on Monday called on the government to immediately reprioritize public spending and mobilize unused and excess funds to cushion…
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Senator Loren Legarda on Monday renewed her call to suspend excise tax and value-added tax on diesel and gasoline, warning that government response…
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Department of Finance (DOF) Undersecretary Karlo Fermin Adriano said that a revenue loss of P43.6 billion is projected if the suspension of excise tax on…
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Up to P40 billion may be required by the Department of Agriculture for additional funding to sustain support programs and prevent further strain on food…
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Growth across ASEAN+3 (10 ASEAN member states plus China, Japan and South Korea) will moderate to 4.0 percent in 2026 and remain at that level in 2027, down…
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Shell will implement the highest rollback among oil companies, cutting gasoline prices by P6.50 per liter, kerosene by P11.50 per liter, and diesel by P23 per…
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The Marcos administration, right after the United States’ war with Iran started, was in analysis paralysis — a state of denial.
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Fitch Solutions unit, CreditSights, said in a recent report that the benefits of a government buyback decisively outweigh the risks.
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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President Ferdinand Marcos Jr. is set to announce a crucial decision on fuel excise taxes within this week, a move that could bring immediate relief to…
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Rising fuel costs are forcing the government to consider a substantial increase in support for the agriculture sector, with losses projected to reach as much…
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Department of Finance (DOF) Undersecretary Rolando Ligon Jr. said the proposed suspension of excise tax on fuel remains pending, awaiting approval from…
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House Minority Leader, 4Ps Partylist Rep. Marcelino Libanan said government earnings from the Malampaya Deep Water Gas-to-Power Project could be used to fund…
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‘The Navotas Fish Port Complex was able to manage the significantly higher volume smoothly, ensuring proper unloading and distribution across the supply chain.’
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Fuel companies currently follow a ‘replacement cost’ scheme, where retail prices reflect the expected cost of replenishing inventory based on recent global…
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‘Any shaving of the price will help, whether it’s small or big.’
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A multi-agency policy working group was established during the 2026 Sustainable Aviation Fuel (SAF) Policy Development Workshop led by the Department of Energy…
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