Saturday, May 2, 2026
Today's Print

Tag: oil

Diesel price rollback seen at P10/l, gasoline expected to remain steady

Consumers can expect another oil price rollback for diesel this week, the third consecutive week of price cuts of as much as P10 per...

US announces new sanctions against Iran oil sector

Washington, United States—The United States announced Wednesday it is tightening sanctions against Iran's oil industry as Tehran keeps up its closure of the Strait of...

Choices amid the chaos of war

IRAN has granted safe passage to ships bearing the Philippine flags passing through the Strait of Hormuz. Foreign Minister Abbas Araghchi also assured our...

March inflation seen topping 4%

Philippine inflation likely accelerated in March 2026 as surging global oil prices and rising food costs pushed consumer prices higher, according to economists polled...

PH-China joint explorations in WPS could be a trap, Carpio warns

Retired Supreme Court Associate Justice Antonio Carpio has warned that joint oil and gas exploration between the Philippines and China in the West Philippine...

Filipino-Chinese business group backs resumption of Philippines-China energy talks

The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. urged stakeholders to support the proposed resumption of joint oil and gas exploration...

PBBM: New Malampaya well to deliver gas supply

Camago-3 to produce 60 million cu.ft. of gas per day President Ferdinand Marcos Jr. on Thursday announced the successful drilling and testing of a new...

Senate bill seeks to force oil firms to submit real cost data per liter

Sen. Erwin Tulfo on Sunday said that oil companies should stop imposing arbitrary price increases and instead disclose their actual costs, as he pushed for...

Marcos: Ample oil supply assured while looking for other sources

President Ferdinand Marcos Jr. on Thursday said the government is exploring alternative sources of oil and petroleum products to ensure sufficient supply while managing...

Japan mulls ways to ensure vessel safety in Strait of Hormuz

Prime Minister Sanae Takaichi said Monday that Japan is considering what it can do within its legal constraints to ensure the safety of Japanese-related...

Iran claims it can sustain drone, missile attacks for months

Iran's Revolutionary Guards said they had enough supplies to continue their aerial drone and missile war over the Middle East for up to six...

Fuel prices seen to spike by up to P4/liter next week

Pump prices are forecast to increase by as much as P4 per liter next week, based on early Monday indications from the Mean of...

Gov’t weighs options as global oil prices threaten pump hikes

Malacañang on Monday said the government is convening an emergency meeting with oil companies amid concerns about possible fuel price hikes, as agencies prepare...

Venezuela interim leader sacks industry minister, a Maduro ally

Caracas -- Venezuela’s interim president dismissed businessman Alex Saab, a close ally of deposed leader Nicolas Maduro, from his post as minister of industry. In...
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