DAVAO CITY --- The Department of Energy (DOE) has been carrying out measures to mitigate the impact of the current crisis in Europe to ordinary Filipino consumers, Secretary Alfonso Cusi said on Wednesday. In his report to President Rodrigo Roa Duterte during the latter’s Talk to the People, Cusi said among the measures include implementing the Pantawid Pasada program, … [Read more...] about Energy department adopts measures to cushion impact of oil price hike
OIL price increase
Fuel prices soar again on Tuesday
DAVAO CITY --- Oil companies sounded of another round of fuel increase on Tuesday, March 8, this is the 10th straight weekly hike as Russia and Ukraine are at war. Shell Philippines announced on Saturday announced to what they call "Super Bigtime" oil price hike with Gasoline increase at P3,60 to P3.80 per liter increase; Diesel at P5.30 to 5.50 per liter and Kerosene at … [Read more...] about Fuel prices soar again on Tuesday
All-time oil price hike
DAVAO CITY --- The oil firms have all stated that they will comply with the pricing changes. Shell Petroleum Corporation, Cleanfuel, Seaoil, PetroGazz, Chevron, and PTT Philippines have all upped their fuel prices, with others anticipated to follow suit. This current wave of price hikes will see gasoline prices rise by an average of P20.80 per liter, diesel prices rise by … [Read more...] about All-time oil price hike
Gasoline price hike set Tuesday
Another round of fuel price increase will take effect Tuesday following changes in the world crude prices. Local oil firms, Petron Corporation, Pilipinas Shell and PTT Philippines announced that it will increase prices of gasoline by P0.90 per liter effective 6 am of March 12. However, no change is the prices of diesel this time. Other oil companies are expected to … [Read more...] about Gasoline price hike set Tuesday
Oil firms rollback pump prices after 3 weeks of increases
MANILA -- After three consecutive weeks of price increases, oil companies announce a rollback in pump prices effective today, Sunday, June 3. The oil firms' announcements came Saturday, ahead of their usual Monday announcement of price changes. Phoenix Petroleum even went ahead on Friday, reducing its gasoline prices by PHP1.40 per liter and diesel by PHP1 per liter … [Read more...] about Oil firms rollback pump prices after 3 weeks of increases