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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......»»
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......»»
Another oil price cut seen next week
Another rollback of pump prices may be implemented next week, according to Department of Energy (DOE) – Oil Industry Management Bureau assistant director Rodela Romero......»»
Price rollback: P0.45 for diesel, P0.25 for gas
In separate advisories, oil companies implemented a rollback on pump prices of P0.25 per liter for gasoline, P0.45 for diesel and P0.90 for kerosene......»»
China bullying hurts our economy
China’s bullying in our exclusive economic zone at the West Philippine Sea is hurting our economy, particularly the energy sector. It is disrupting exploration and development of oil and gas. Whatever resources may be there will remain untapped; a tragedy given our urgent need for domestic energy sources......»»
Fuel price rollback expected this week
MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»
Oil price rollback expected on April 30
n oil price decrease could be implemented in the last week of April, according to the Department of Energy......»»
Gasoline prices seen going up; rollback in diesel
Mixed adjustments on oil prices may be implemented next week, according to the Department of Energy......»»
Gasoline, diesel price hike seen next week
Mixed oil price movement is expected on Tuesday, April 23. .....»»
$100 oil?
Oil prices surged to five-month highs due to rising tensions in the Middle East......»»
PNOC-EC awaits results of DOE review on deals
MANILA – PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co., is awaiting the results of the Department of Energy’s (DOE) review of all petroleum service contracts before it proceeds with the development of the Camago-Malampaya Oil Leg in northwest Palawan......»»
PHL coco exports grow 78%
Exports of coconut oil and other coconut by-products reached an unprecedented level of $1.57 billion, 78 per cent more than last year’s value of $884 million, records of the Philippine Coconut Authority show......»»
European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
Malampaya
Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»
Higher diesel, gasoline prices seen next week
Prices of fuel products will increase next week, according to the Department of Energy’s Oil Industry Management Bureau assistant director Rodela Romero......»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
BSP: Inflation surpassed target in March
Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»
Gas prices up; diesel, LPG down today
In separate advisories, oil companies will implement a mixed adjustment as fuel products increased by P0.45 per liter for gasoline, while diesel and kerosene decreased by P0.60 and P1.05 per liter, respectively......»»
Mixed adjustments in pump prices expected during first week of April
Oil companies are anticipated to introduce mixed adjustments in pump prices during the first week of April......»»
PRO-7 warns against use of marijuana-flavored vapes
CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»