Tank farm a buffer, not the solution
Maharlika’s fuel tank farm buys the country time while energy transition — the one that would materially reduce the country’s 97-percent crude import…
· 3 min read
Daily TribuneTopic
Maharlika’s fuel tank farm buys the country time while energy transition — the one that would materially reduce the country’s 97-percent crude import…
· 3 min read
Motorists could see another week of mixed pump price adjustments as easing global oil prices compete with lingering geopolitical risks that continue to cloud…
· 2 min read
MOSCOW, Russia (AFP) — Standing at a Moscow petrol station, taxi driver Safarali Nazarov said he was so frustrated at being forced to queue for fuel he was…
· 2 min read
TEHRAN (AFP) — Iran’s Revolutionary Guards on Thursday warned against any crossings of the Strait of Hormuz without authorization, saying vessels not complying…
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The United States temporarily suspended sanctions on Iranian oil Monday after Vice President JD Vance said Tehran would allow U.N. nuclear inspectors to return.
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Our inflation is going bonkers at almost a 7-percent clip, which is way over the 2- to 4-percent target of our economic planners.
· 3 min read
The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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‘Sweet words and coming up with alibis cannot excuse the plummeting net satisfaction rating of the President.’
· 4 min read
MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) expects inflation to remain above its 3 percent target until 2028 as the effects of the Gulf conflict continue to ripple…
· 2 min read
The Philippine Stock Exchange Index (PSEi) rebounded 38.85 points, or 0.64 percent, to 6,153.66 on Thursday while the peso depreciated to P60.56 from P60.39…
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read
Iran had blockaded the strait since the start of the war, sending oil prices soaring and raising fears of a prolonged inflation shock.
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Even with a US-Iran peace deal, returning to pre-war fuel price levels will take another six to12 months.
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The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
· 2 min read
Labor Secretary Francis N. Tolentino met with Kamanggagawa Partylist Representative Elijah “Eli” San Fernando on Monday to address a range of labor concerns,…
· 1 min read
Global oil markets fell sharply at the start of the week after reports of a framework agreement between the United States and Iran raised expectations that the…
· 2 min read