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Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP

By ZYSA MEI ELLORAN Bulatlat.com MANILA – The farmers are hungry. This is the sentiment of Filipino farmers as they continue to call for government support having suffered the worst impacts of the El Niño phenomenon, resulting in heavy losses in their livelihood. “Farmers need an urgent and concrete response from the government. Farmers need… The post No rice subsidies, cash assistance for El Niño-stricken local food producers – KMP appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 30th, 2024

[OPINION] Moving beyond blaming teachers: The call for regulatory deregulation

'Is the Department of Education, instead of receiving well-prepared teachers, consistently faced with the challenge of re-training a continuous influx of ill-prepared teachers to meet basic requirements?'.....»»

Category: newsSource:  rapplerRelated NewsFeb 11th, 2024

Court of Appeals junks ex- VP Binay’s libel case vs Trillanes

The Court of Appeals has affirmed with finality its decision junking the libel case filed by former vice president Jejomar Binay against former senator Antonio Trillanes IV over his implication that Binay was involved in an alleged P100 million-a-year racket on “ghost” senior citizens......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Oil price hike set on April 9

Oil firms will observe an increase in oil prices in the second week of April......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Mixed adjustments in oil prices set before Holy Week

Oil firms will implement mixed adjustments in oil prices on Tuesday, ahead of Holy Week. .....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Oil price cut set on March 12

Oil firms will implement a decrease in oil prices on March 12......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Oil prices to go down on March 12

Oil firms will observe a decrease in oil prices on March 12......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Mindoro MPAs still exceed grease limits nearly a year after oil spill — study

Residents and environmental advocates renewed their call for accountability and legal protection for the Verde Island Passage as oil and grease levels remained high in several protected areas a year after the oil spill in Oriental Mindoro......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Oil price hike expected on February 20

After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Oil price rollback expected next week

Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

5th oil price hike set February 6

Oil firms will implement an oil price hike for the fifth straight week......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Another oil price hike set on January 16

Oil firms will observe an oil price increase in the third week of January......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

The Daily Guardian: Competitive Battle for Market Share Arises as U.S. Oil Production Soars

Title: Saudi Arabia Struggles to Stabilize Oil Prices Amid Rising US Production In a bid to support oil prices, Saudi Arabia and its OPEC+ allies.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 10th, 2024

2,000 Cebu farmers benefit from NIA’s irrigation system

An areal view of farmers tending their crops. | Photo from NIA-7 CEBU CITY, Philippines — Thousands of Cebu farmers benefitted from existing irrigation systems of the NIA or National Irrigation Administration the agency’s regional office said. Cebu City Mayor Michael Rama recently declared a “state of calamity” in some mountain barangays in the city.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Understanding the Demands of Indian Farmers in Crop Prices: The Daily Guardia

Title: Indian Farmers March Towards Capital Demanding for Guaranteed Crop Prices In a powerful display of unity, tens of thousands of Indian farmers have embarked.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 13th, 2024

DAR turns Samar rice farmers’ dream into reality

Barobaybay Farmers Association (BFA) is an organization of 62 rice farmers, 55 of them are agrarian reform beneficiaries (ARBs), in remote Barangay Barobaybay of Calbiga, Samar who had long been wanting to own farm machineries to make farming easy for them......»»

Category: newsSource:  samarnewsRelated NewsFeb 5th, 2024