
DOE: Fuel tax cut must balance gov’t finances
Energy Secretary Sharon Garin said the government must carefully balance the country’s finances if it decides to partially reduce fuel excise taxes amid rising…
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Energy Secretary Sharon Garin said the government must carefully balance the country’s finances if it decides to partially reduce fuel excise taxes amid rising…
· 1 min read

The President cannot unilaterally suspend the imposition of mandatory excise taxes unless Congress passes a law.
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President Ferdinand Marcos Jr. sought to calm fears of a fuel shortage as the war between the United States and Iran threatened to disrupt the global oil…
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Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
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Today, we may be going about our daily activities without having to fear what the skies could drop upon us. Yet somehow we feel that something has already…
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The lesson, for the Philippines, is both urgent and familiar: the country’s economic fate is tied, inescapably, to the stability of a world it does not control.
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Amid continuous fuel price hikes, lawmakers on Tuesday renewed calls to scrap taxes on oil products as pump prices are projected to increase by nearly P2 per…
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Mayor Francisco “Isko Moreno” Domagoso ordered a 50 percent reduction in fuel consumption for all city government operations Monday, citing an anticipated…
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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Gasoline prices could soften next week after several straight weeks of increases, while diesel and kerosene are expected to continue climbing, industry…
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HAVANA (AFP) — Cuba on Saturday announced the cancellation of its iconic cigar festival, amid a major energy crisis sparked by US pressure on the cash-strapped…
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Pump prices of petroleum products are expected to rise again next week, extending the price hikes rally as global oil markets remain elevated amid geopolitical…
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Havana (AFP) — Havana’s streets were eerily quiet Monday as emergency measures kicked in to conserve Cuba’s fast-dwindling fuel stocks under economic pressure…
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The Land Transportation Franchising and Regulatory Board (LTFRB) announced that it may evaluate a possible fare increase for public utility vehicles following…
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Pump prices will rise again this morning, extending a string of fuel hikes since the start of the year and further squeezing motorists, commuters, and…
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“Our gains in 2025 demonstrate what decisive leadership and collective accountability can achieve. The fuel marking program remains a key measure in detecting…
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Motorists may see mixed fuel price adjustments next week, 10 February, following movements in the Mean of Platts Singapore (MOPS) trading as of yesterday.
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Consumer groups’ fears that other generating companies would follow the lead of San Miguel Corp.’s unit, San Miguel Global Power (SMGP), in invoking the broad…
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