
Saudi restores damaged oil pipeline, energy facilities
The weeks-long Iranian attacks had impacted oil production capacity and killed one person.
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The weeks-long Iranian attacks had impacted oil production capacity and killed one person.
· 2 min read

Fuel companies currently follow a ‘replacement cost’ scheme, where retail prices reflect the expected cost of replenishing inventory based on recent global…
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‘Any shaving of the price will help, whether it’s small or big.’
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Ramon Ang said he is willing to sacrifice income. Malasakit. All the greatest hits. Big words. Very warm. You can almost hug it.
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Instead of a faithful pass-through of the global drop, oil companies are allowed the replacement-cost pricing regime, which Marcos had called out but did…
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House leaders have filed a bill establishing a national protection system designed to automatically shield Filipinos from the economic fallout of global oil…
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Ejercito also warned that the Philippines’ heavy reliance on imported fuel and coal continues to drive up costs.
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Senator JV Ejercito on Saturday, 11 April, said the country’s ongoing energy challenges are partly driven by “self-inflicted wounds,” citing past…
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The World Bank has flagged global and domestic economic risks arising from the war in the Middle East.
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The Department of Social Welfare and Development (DSWD) announced Saturday that it has already provided cash relief assistance (CRA) to more than 265,000…
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The House of Representatives is set to create a joint committee to address the ongoing oil price shock in the Philippines, House Committee on Ways and Means…
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The Department of Energy (DoE) confirmed the arrival of a government-purchased diesel shipment from Malaysia, delivered through PNOC Exploration Corp., to…
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The Department of Information and Communications Technology (DICT) has formally asked Meta Platforms Inc. to address false and misleading content tied to the…
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The Department of Energy (DoE) has sought the help of the Philippine Competition Commission (PCC) to investigate possible unfair practices by oil companies…
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The head of the Senate PROTECT committee on Saturday pressed the administration to extend concessional loans to micro, small, and medium enterprises (MSMEs) to…
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Monetary policy response to the oil price shock hinges on whether spillover effects materialize in domestic demand, where the BSP’s policy tools are most…
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The oil company he controls, he assures Filipinos, will keep margins ‘normal’ or even lower them.
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The pending suspension of the excise tax on petroleum products will help, but it won’t be enough to keep the economy afloat in the face of the energy crisis…
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