Wednesday, December 10, 2025
Today's Print

Tag: oil

Oil prices shoot up over Mideast tensions

The oil firms implemented a big time oil price hike of as much as P2.70 per liter effective 6am today amid the worsening Middle...

US expands sanctions against Iran’s oil industry over Israel strikes

The United States hit Iran's oil and petrochemicals sectors with new sanctions Friday in response to Tehran's October 1 attack against Israel, designating dozens...

Oil extends rally after Iran attack, Hong Kong soars again

Hong Kong, China—Oil prices extended a rally Wednesday after Iran's missile attack on Israel fanned fears of a Middle East-wide conflict, while the Hong Kong...

Two fuel tankers seized for oil smuggling

Agents of Customs Intelligence and Investigation Services assigned at the Manila International Container Port (CIIS-MICP) seized two fuel tankers for alleged involvement in illegal...

DOE eyes more incentives to attract more oil and gas exploration players

The Department of Energy (DOE) released a draft circular proposing special allowances for petroleum service contractors to stimulate oil and gas exploration in the...

Fuel prices up next week

Consumers can expect an oil price hike of as much as P0.55 per liter next week due to Middle East tensions and global economic...

LPG prices up in August by P0.30 per kilo

The country’s oil firms raised the price of liquefied petroleum gas (LPG) by up to P0.30 per kilo or P3.30 per 11-kilo tank effective...

2 energy companies pursue oil, gas exploration in Palawan

The Department of Energy (DOE) said Tuesday two companies completed the 3D seismic surveys in Palawan in line with the government’s efforts to boost...

UK Supreme Court ruling hailed as victory for environmental campaigners

It could be more difficult for oil and gas companies to build new wells in the United Kingdom (UK) of Great Britain and Northern...

Oil prices briefly surge, stocks slide on Iran blasts

London, United Kingdom—Oil prices briefly surged and stock markets slid Friday on reports Israel had carried out retaliatory strikes against Iran, boosting investments deemed...

Fuel prices up by as much as P1.40/L next week

Consumers may expect a big-time oil price hike of as much as P1.40 per liter next week to reflect the movement of prices in...

Oil prices up P1.70 per liter again next week

Consumers are facing another round of oil price hike next week of as much as P1.70 per liter to reflect the continuing volatility in...

Hefty oil price hike next week: P2.10/l for gas

Consumers can expect pump prices to go up again next week, with gasoline expected to rise by as much as P2.10 per liter to...

Oil permits and wind crisis threaten UK net zero pledge

With the provision of a swathe of new oil and gas exploration licences and a crisis in offshore wind energy, clouds are gathering over...
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