Oil firms agree to staggered price hikes amid Middle East conflict

Lisbet Esmael 06/23/2025

MANILA, Philippines — Local oil firms have agreed to a staggered implementation of price increases at the pump. This, as petroleum prices continue to rise amid the escalating conflict in the Middle East, according to the Department…

P4 fuel price rollback possible this for Holy Week

Lisbet Esmael 04/13/2025

Oil companies are expected to implement a huge drop of up to P4.10 per liter in pump prices next week, amid the trade tensions involving major economies, industry sources said. In an advisory on Saturday, Jetti Philippines…

DOE: Big-time fuel price rollback possible during Holy Week

Dianne Sampang 04/12/2025

MANILA, Philippines — Big-time rollback for price of fuel products is expected during Holy Week, according to the Department of Energy (DOE). According to DOE Oil Industry Management Bureau Assistant Director Rodela Romero, this projection is based…

House wiring project benefits 26 houses in Naga, Cebu

Niña Mae C. Oliverio 03/09/2025

CEBU CITY, Philippines — At least 26 houses in Barangay Lanas, City of Naga, in southern Cebu, will now have access to electricity. This was made possible through the Visayan Electric Company’s (Veco) house wiring project under…

Fuel price cuts of at least 80 cents per liter set on March 4 

Lisbet Esmael 03/02/2025

MANILA, Philippines — After two consecutive weeks of increases, oil companies are expected to reduce the prices of petroleum products by March 4, industry sources said. In an advisory on Saturday, Unioil said the prices of diesel…

Slight reduction in fuel prices seen at start of 2025

Lisbet Esmael 12/29/2024

MANILA, Philippines —Motorists are expected to welcome 2025 with slight price reductions in petroleum products, industry sources said. For the first week of the new year, Rodela Romero, assistant director of Department of Energy (DOE) Oil Industry…

Fuel price hike of more than P1 seen amid supply worries

Jordeene B. Lagare 11/24/2024

MANILA, Philippines — Local pump prices might increase by up to more than P1 per liter this week, mainly driven by geopolitical tensions triggered by the escalating geopolitical situation around Russia. Unioil said over the weekend that…

Fuel price cuts of up to P1 expected this week – DOE

Lisbet K. Esmael 11/17/2024

MANILA, Philippines — Fuel retailers are seen to cut the prices of petroleum products next week following developments in foreign markets, an energy official said. Rodela Romero, director of the Department of Energy (DOE) Oil Industry Management Bureau,…

Mixed adjustments in fuel pump prices this week

Lisbet K. Esmael 10/27/2024

MANILA, Philippines — Fuel companies are expected to impose mixed adjustments in the prices of petroleum products this week, industry players said. Rodela Romero, director of the Department of Energy Oil Industry Management Bureau, said both gasoline…

P2 per liter fuel price hike seen this week

Lisbet Esmael - @inquirerdotnet 10/13/2024

Oil companies are expcected to increase fuel prices by at least P2 per liter due to worsening conflict in the Middle East. Estimates from Rodela Romero, director of the Department of Energy (DOE) Oil Industry Management Bureau, showed…

Cheaper fuel prices set on Tuesday

Lisbet K. Esmael 08/26/2024

The motoring public will see cheaper prices of petroleum products in the last week of August. In separate advisories, Seaoil, Cleanfuel, Caltex, and Shell Pilipinas said the per-liter prices of diesel would be slashed by P1.90 beginning…

DOE expects P2.50 fuel price cut for gasoline

Lisbet K. Esmael 08/11/2024

MANILA, Philippines — The Department of Energy (DOE) expected a fuel price cut of as much as P2.50 per liter this week. Rodela Romero, director of the DOE’s Oil Industry Management Bureau, said the per-liter prices of…

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