
Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 MIN READ
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 MIN READ

As institutions mark Heritage Month, Epson Philippines is promoting its projection technologies as a tool to help museums, galleries and cultural spaces make…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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Converge ICT Solutions Inc. has appointed former Senior Associate Justice Estela Perlas-Bernabe as chairperson and the first woman to lead its board, as the…
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BMI, a unit of global credit ratings firm Fitch Solutions, expects the Bangko Sentral ng Pilipinas to deliver interest rate hikes amounting to 100 basis points…
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TAIPEI (AFP) — Taiwan’s drone exports have surged as the war in Ukraine fuels global demand for unmanned aircraft and opens new opportunities for suppliers…
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Goods export growth across the Asia-Pacific Economic Cooperation (APEC) is expected to weaken sharply over the next three years as rising trade barriers,…
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Mining revenues increased 13.7 percent to P8.631 billion as stronger nickel ore prices offset lower shipment volumes caused by prolonged rainfall.
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BAGUIO CITY — A municipal councilor here has commended the town’s agricultural office for upholding transparency and institutional integrity, saying it…
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‘People have come to understand the negative impact of the overuse of personal devices.’
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The agreement — the first emergency power supply deal forged by Aboitiz Power Corp. subsidiary Therma South Inc., strengthens Aboitiz Power’s foothold as a…
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A South Korean court orders the union to ensure any strike did not disrupt production.
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As pump prices swing anew this week, the country’s fuel inventory is also inching down, a twin development the Department of Energy (DoE) said remains under…
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While electricity consumption grew by about 140 percent from 2003 to 2024, transmission lines increased by only 11 percent.
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The Philippines has reopened its market to Spanish pork imports after the Department of Agriculture (DA) recognized Spain’s regionalized control measures…
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It is a difficult problem to resolve, as land is limited and funding is constrained, particularly for infrastructure that does not generate direct financial…
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A lack of accountability in dealing with corrupt politicians may precipitate further political unrest and worsen the country’s already grim economic outlook,…
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PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
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