Regain state control on oil, think tank urges
‘The government should be able to control local oil prices and should not have to pass the burden of rising global prices on to consumers.’
· 3 MIN READ
Daily TribuneTopic
Latest Daily Tribune news and analysis on oil production.
‘The government should be able to control local oil prices and should not have to pass the burden of rising global prices on to consumers.’
· 3 MIN READ
The PSEi fell 0.50 percent to 5,814.56 while the peso strengthened to P62.72 against the US dollar as investors weighed weaker growth prospects, higher oil…
· 1 MIN READ
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
· 2 MIN READ
· 2 MIN READ
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
· 2 MIN READ
Two of the detected tracks start exactly where the tankers Riesco and Kylo transmitted their last signals before being sunk.
· 2 MIN READ
The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
· 2 MIN READ
The Department of Agriculture seeks at least P300 million in 2027 to expand the Philippine palm oil industry, reduce import dependence and boost domestic…
· 1 MIN READ
Iran said it would target tankers off US allies Kuwait and Bahrain in response to Tuesday’s US strikes.
· 2 MIN READ
The DA is seeking P300 million in 2027 to expand palm oil production and reduce the Philippines’ dependence on imports.
· 1 MIN READ
ASEAN is studying a proposed regional oil stockpiling initiative to strengthen energy security, with five member states expressing interest in creating…
· 2 MIN READ
Bahri confirms that its vessel SIDR was involved in a security incident while transiting the Strait of Hormuz.
· 2 MIN READ
The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56 from September 1’s P62.40 against the…
· 2 MIN READ
Remolona said the Philippines should diversify its oil sources and establish strategic fuel reserves to reduce its exposure to supply shocks.
· 2 MIN READ
Oman is working to contain an oil spill covering about 390 square kilometers near a protected marine reserve after a tanker ran aground off the southern coast.
· 2 MIN READ
Motorists get major relief as gasoline, diesel and kerosene prices drop sharply this week, with cuts of up to nearly P5 per liter. Learn how much you can save…
· 2 MIN READ
Sanctions include 100-percent tariffs on the five main importing countries of Russian gas and oil, including China and India.
· 2 MIN READ
Gasoline and diesel prices are set to fall by up to ₱5 per liter next week as international oil prices drop and the peso strengthens against the US dollar.
· 2 MIN READ