Basic Energy Corp. has launched an electric mobility initiative aimed at easing the public transport sector’s long-running exposure to volatile fuel prices, signaling a broader shift toward integrated, low-carbon transport solutions.
The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.
The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.
The government has stepped up its crackdown on alleged fuel hoarding and profiteering, issuing show-cause orders to nearly 100 gasoline stations following reports of irregular pricing nationwide, the Presidential Communications Office (PCO) said.
Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.