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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......»»
Diesel, kerosene, LPG price rollback set in 1st week of April
Oil firms will implement mixed adjustments in oil prices in the first week of April. .....»»
Oil price hike expected this Holy Week
Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»
Prices
To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»
SC: DOE may take over oil industry in emergencies
The Supreme Court has ruled that the Department of Energy may take over oil industry operations in times of emergency upon the directive of the country’s president......»»
Oil prices hit fresh five-month high
Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»
Oil prices headed for weekly gains as Israel rejects ceasefire offer
(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»
Gasoline prices to drop for third consecutive week
Oil firms might implement mixed adjustments in pump prices during the third week of May following the two-consecutive weeks of oil price rollback......»»
Fuel prices in Cebu City gas stations as of Feb. 13
CEBU CITY, Philippines — Motorists this week can expect a slight relief after fuel prices decreased with the implementation of a rollback on February 13, Tuesday. Local oil firms announced in separate advisories that the price of gasoline will decline by P0.60 per liter, diesel by P0.10 per liter, and kerosene by P0.40 per liter......»»
Oil firms to slash pump prices on April 30
Oil firms are set to implement a rollback in pump prices on Tuesday, April 30. .....»»
Oil prices seen to decline again next week
Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy......»»
Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30
CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»
DOE monitoring power situation amid El Niño
Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»
DOE expects approval of zero-tariff on all EVs this year
The Department of Energy (DOE) is hopeful that the incentives on the importation of electric vehicles (EVs) will be extended to two-wheeled and three-wheeled units this year to help boost EV adoption in the country......»»
DOE official: Grid system in Panay Island stable
DOE official: Grid system in Panay Island stable.....»»
Power rates expected to rise because of El Niño
DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»
DOE should regulate NGCP
The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»
Supreme Court affirms NTC orders nixing 4 telcos’ 3G service bid
The Supreme Court (SC) has affirmed the orders of the National Telecommunications Commission (NTC) that junked the bid of Next Mobile Inc., now operating as NOW Telecom, and three other firms for a third-generation mobile communications technology or 3G radio frequency......»»
Oil prices down today
In separate advisories, oil companies implemented a rollback on pump prices of P0.75 per liter for gasoline, P0.90 for diesel and P1.05 for kerosene......»»
Gas prices up, diesel down today
Oil companies have implemented mixed adjustments in pump prices......»»