
Gatchalian pushes fuel tax relief, warns of possible rationing
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
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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

Four people were wounded by falling debris from intercepted projectiles while an Iranian attack sparked a fire at a Kuwaiti oil tanker in the city’s port.
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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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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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The Philippine Air Force (PAF), thru its Air Force Research and Development Center, conducted a Drone Capability Demonstration to the personnel of 710th…
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Trump said he wants to ‘take the oil in Iran’ and could seize the export hub of Kharg Island.
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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…
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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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When the oil industry was deregulated in 1998, the unbundling of bills at the pump should have accompanied it.
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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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The country’s largest business groups on Monday urged the government to maintain stable interest rates and ensure fuel supply, warning that rising petroleum…
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Prices of petroleum products have surged to unprecedented levels just a month into the United States-Israel war on Iran. As a result, a lawmaker introduced a…
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The Holy Week exodus on major expressways may be noticeably calmer this year as soaring gasoline and diesel prices appear to have slowed movement of travelers…
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Air China restarted direct flights between Beijing and Pyongyang on Monday after a six-year hiatus, another sign isolated North Korea is gradually opening up…
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