
Carpio warns Philippines against oil deal with China
Former Supreme Court associate justice Antonio Carpio warned that the Philippines must reject any joint oil and gas exploration deal with China that recognizes…
· 3 MIN READ
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Former Supreme Court associate justice Antonio Carpio warned that the Philippines must reject any joint oil and gas exploration deal with China that recognizes…
· 3 MIN READ

Sen. Sherwin Gatchalian said the government is considering tax adjustments, subsidies, and even fuel rationing as it responds to rising global oil prices and…
· 2 MIN READ

The Philippine National Police (PNP) has intensified its crackdown on opportunistic crimes and transportation violations as volatile fuel prices continue to…
· 2 MIN READ
The Philippine Stock Exchange index (PSEi) recovered on Tuesday, closing at 5,948.94, up 1.35 percent, as the local market staged a technical rebound driven by…
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Among the potential sources being considered for government-to-government oil procurement are Russia, Indonesia, and India.
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President Ferdinand Marcos Jr. said he will issue an executive order imposing a ₱50-per-kilo price cap on imported well-milled rice.
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Senators on Tuesday warned of a looming agricultural crisis as the persistent surge in fuel prices driven by the Middle East conflict is pushing up fertilizer…
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Fears of a sharp rise in food prices due to a possible oil shock are being tempered by government assurances that contingency measures are already in place to…
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Cubans have endured regular outages as its aging power plants struggle to meet demand.
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Petron Corp. has procured 2.48 million barrels of crude oil from Russia amid geopolitical upheavals disrupting the country’s traditional Middle East supply…
· 1 MIN READ

The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
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Leaving procurement, allocation, and pricing entirely to market forces, without parallel state capability, exposes the country to risks it cannot control.
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The surge in fuel prices has ripples throughout the economy, disrupting supply chains, raising food prices, and squeezing the incomes of those who work…
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When the oil industry was deregulated in 1998, the unbundling of bills at the pump should have accompanied it.
· 2 MIN READ

President Ferdinand Marcos Jr. opened the C5 Link on Monday cutting travel time to 15 minutes for 36,000 vehicles daily, just as diesel topped P100 per liter,…
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Motorists may finally catch a break at the pump — but only on gasoline. Industry data collated by the Department of Energy (DoE) shows that any expected…
· 2 MIN READ
The Bureau of Internal Revenue has facilitated the emergency importation of petroleum products by PNOC Exploration Corporation, issuing a special permit to…
· 1 MIN READ

Malacañang on Monday ordered all government agencies to sharply reduce electricity and fuel consumption as the country faces rising oil prices.
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