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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......»»
Mixed adjustments in oil prices set before Holy Week
Oil firms will implement mixed adjustments in oil prices on Tuesday, ahead of Holy Week. .....»»
Oil prices to go down on March 12
Oil firms will observe a decrease in oil prices on March 12......»»
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.....»»
Mixed adjustments in oil prices today
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?.....»»
NZ designates entirety of Hamas as terrorist entity
Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced today the designation of Hamas in its entirety as a terrorist entity. "The terrorist attacks by Hamas in October 2023 were brutal and we have unequivocally condemned them," Mr Luxon says. Following these attacks, then Prime Min.....»»
‘Foreign ownership won’t affect local ad industry’
The entry of foreign investors will not adversely affect local creatives employed in the advertising industry, a Senate committee hearing on economic Charter change learned yesterday......»»
Gaza ceasefire talks at an impasse as humanitarian crisis deepens
Israel is reportedly staying away from the Cairo talks because Hamas refused to provide a list of hostages who are still alive. Hamas says this is impossible without a ceasefire as hostages are scattered across the war zone......»»
Hamas appears to show dead bodies of 2 hostages after warning Israel
A new video released by Hamas purportedly showes the bodies of Yossi Sharabi and Itai Svirsky, who had appeared in an initial video on January 14.....»»
Oil price hike set on April 9
Oil firms will observe an increase in oil prices in the second week of April......»»
Oil price cut set on March 12
Oil firms will implement a decrease in oil prices on March 12......»»
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......»»
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......»»
Biden says Israel agrees to stop Gaza attacks for Ramadan as Hamas mulls draft truce proposal
The draft proposal, which would allow hospitals and bakeries in Gaza to be repaired and 500 aid trucks to enter the battered enclave every day, is the most serious attempt in weeks to end the conflict.....»»
Hamas officials arrive in Cairo for Gaza truce talks, but no sign of Israel
Israel has decided to withhold its delegation to Cairo for talks aimed at securing a truce in the ongoing Gaza war, according to recent reports......»»
Pressure mounts on Israel not to attack Palestinians’ last refuge in Gaza
The Israeli military says it wants to flush out Islamist militants from hideouts in Rafah and free hostages being held there after the Hamas rampage in Israel on October 7, but has given no details of a plan to evacuate civilians.....»»
More Palestinians displaced as Israel battles Hamas in south Gaza
Palestinian medics and residents says Israel continued to bomb areas around the two main hospitals in Khan Younis.....»»
DOE backs emergency takeover of oil industry
The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court upheld its emergency takeover power......»»
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......»»