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Palace supportive of recommendation to proceed with second round of excise tax on oil amid drop in fuel prices; Not so fast, warns Cebu Business Club Prices of fuel have gone down in eight straight weeks. Based…
SEN. Sherwin Gatchalian wants President Rodrigo Duterte to continue with the suspension of the second tranche of the excise tax on petroleum products despite the advice of his economic managers. “I urge President Duterte to still push…
THE MOU states that “in accordance with the principles of mutual respect, fairness and mutual benefit, flexibility and pragmatism and consensus, through equal and friendly consultation, the two governments have decided to negotiate on an accelerated basis…
The Philippines and China on Tuesday signed a memorandum of understanding (MOU) for oil and gas development cooperation. But the location of the oil and gas development was not immediately disclosed. President Rodrigo Duterte and Chines President…
Filipino motorists will surely rejoice this week as the prices of gasoline and diesel will be rolled back starting Tuesday. Among the oil firms that will be slashing their pump prices this week on gasoline and oil…
President Rodrigo Duterte on Tuesday said his administration was eyeing the suspension of excise taxes on oil amid the record-high inflation in the country. “Maybe,” Duterte said when asked for his comment, adding that Finance Secretary Carlos…
Jeepney drivers, eateries and households — these are just some of the most affected sectors with the continued increase in oil prices. On its eighth straight week, oil companies have increased prices for diesel, gasoline, kerosene, and…
Senator Grace Poe has expressed alarm over the continuous increase in the price of oil in the market, as she urged the government to fully implement relief measures for consumers and act against possible abuses of petroleum…
SEOUL — South Korea’s Trade Ministry announced legislation approving the use of bio-heavy oil made with animal fat to produce electricity here, in a move toward the Moon Jae-in administration’s goal to boost the use of clean…
AIRLINES in the Asia Pacific will likely see lower profits in 2018, joining most other airlines in the world, due to accelerating costs, according to the International Air Transport Association (IATA). IATA, the trade group of the…
Environmental groups are planning to file for a legal action to the national agencies for allowing oil and gas exploration in Alegria town. Columnist and Lawyer Gloria Estenzo – Ramos, vice president of Oceana Philippines, said the…
President President Rodrigo Duterte called on officials of Alegria town in southern Cebu to plan the municipality’s development amid the imminent launching of oil and gas production in one of their barangays. Clad in dark polo shirt…
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