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Biggest oil price hike -- on the 10th consecutive week-- hits on March 8

The 10th consecutive week of oil price increase, and the biggest yet for the year, will take effect Tuesday, March 8. Oil firms announced Monday a price increase of P5.85 per liter for diesel, P3.60 per liter for gasoline, and P4.10 per liter for kerosene. The new round of oil price… ....

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Sotto agrees if President Duterte calls Congress to a special session

In the midst of the political campaign, Senate President Vicente C. Sotto III on Wednesday, March 3 said he is agreeable to hold plenary sessions to amend the Oil Deregulation law if President Duterte calls Congress to a special session.
Sotto issued this statement on appeals for Malacanang to amen ....

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Oil deregulation review faces tight window –lawmakers

SENATE President Vicente Sotto III is open to calls for Congress to revisit the oil deregulation law despite the very tight schedule of the 18th Congress, as government scrambles to ease the impact of surging world oil prices amid the Russia-Ukraine conflict. However, the standard bearer of Partido Reporma, Senator… ....

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Ukraine-Russia conflict poses implications to PH economy: Palace

(Anadolu photo) MANILA - Malacanang on Wednesday said the ongoing conflict between Russia and Ukraine posed economic, trade, and human resource implications to the country and the Filipino people. Cabinet Secretary Karlo Nograles, also the acting presidential spokesperson, said President Rodrigo Roa Duterte gave assurances that mitigating measures and contingency plans will be put in place as part of the government's pro-active response to the Russia-Ukraine war. "The Palace joins the country and the entire world in praying for an early and peaceful resolution to the conflict in Ukraine," Nograles said during the Laging Handa public briefing. Nograles reiterated the position of the Philippines, "that war benefits no one, and that it exacts a tragic, bloody toll on the lives of innocent men, women, and children in the areas of conflict." "The conflict in Ukraine has economic, trade, and human resource implications for our country and for our people. As we mo ....

Pantawid Pasada , Karlo Nograles , Rodrigo Roa Duterte , Philippine National Police , Oil Deregulation Law , Department Of Energy , Department Of Agriculture , Armed Forces Of The Philippines , Secretary Karlo Nograles , President Rodrigo Roa Duterte , Laging Handa , Armed Forces , Price Control Law , Oil Deregulation , Minimum Inventory Requirements , Utility Scale Battery Storage , Nadolu Photo Manila Malacanang On Wednesday Said The Ongoing Conflict Between Russia And Ukraine Posed Economic , Nd Human Resource Implications To The Country And Filipino People Cabinet Secretary Karlo Nograles , Lso The Acting Presidential Spokesperson , Aid President Rodrigo Roa Duterte Gave Assurances That Mitigating Measures And Contingency Plans Will Be Put In Place As Part Of The Government 39s Pro Active Response To Russia Ukraine War Quot Palace Joins Country Entire World Praying For An Early Peaceful Resolution Conflict , Uot Nograles Said During The Laging Handa Public Briefing Reiterated Position Of Philippines , Uot That War Benefits No One , Nd That It Exactsa Tragic , Loody Toll On The Lives Of Innocent Men , Nd Children In The Areas Of Conflict Quot Ukraine Has Economic , Nd Human Resource Implications For Our Country And People As We Monitor The Current Situation ,

Salceda proposes 4 'Oil Deregulation Law' tweaks to quell fuel price surge

House Ways and Means Committee Chairman and Albay 2nd district Rep. Joey Salceda has proposed four amendments to the much-maligned Downstream Oil Industry Deregulation Act of 1998 (Oil Deregulation Law), which he believes will mitigate the rapid increase in fuel prices.

Albay 2nd District Rep. ....

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