
Oil price drop ends kerosene, LPG tax relief
The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
· 2 min read
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The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
· 2 min read

Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
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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…
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Authorities seized an estimated P1.4 million worth of illegal petroleum products and arrested four suspects during a law enforcement operation in Barangay…
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The Philippine National Police Highway Patrol Group (PNP-HPG) arrested six men and seized approximately 8.9 million pesos worth of petroleum products during an…
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He said the Philippines joined fellow developing economies in advancing inclusive, job-rich growth amid persistent global pressures affecting emerging markets…
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We need to fix the system that makes it two to three times more expensive for developing countries to finance education, health or what the system is.
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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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Authorities intercepted a forward truck allegedly involved in the illegal transport of petroleum products at Tabaco Port on 11 April during a routine…
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Petroleum prices are unlikely to decline immediately despite a two-week ceasefire agreement involving the United States, Israel, and Iran, an expert said…
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The PNP-Highway Patrol Group (PNP-HPG) intercepted an estimated ₱9 million worth of petroleum products in an operation earlier today, 07 April 2026. Nine…
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The bank earlier said it is ready to provide ‘rapid, flexible, and scalable assistance’ to help countries manage immediate pressures.
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Developing nations risk missing out on the fast-growing digital economy without clearer and more predictable global trade rules, the United Nations…
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The United Nations (UN) has unveiled a guide to help Asia-Pacific countries move from paper-based certificates of origin to electronic systems, a step experts…
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ILOILO CITY—Residents and businesses can expect stable fuel and liquefied petroleum gas (LPG) supply for April, Mayor Raisa Treñas assured on Saturday.
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Philippine National Police (PNP) chief Jose Melencio Nartatez Jr. on Friday vowed to intensify monitoring of liquefied petroleum gas (LPG) retailers to prevent…
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The threat of an oil shortage in the country looms large, as petroleum companies on Thursday warned that fuel supplies beyond April are not guaranteed amid…
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The potential use of Euro 2 petroleum products, widely criticized as a dirtier fuel with environmental risks, has not been activated and remains purely a…
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