Energy & Mining
DOE: PH fuel supply stable despite Middle East tensions
The Department of Energy (DOE) on Tuesday assured the public that the country has enough fuel supply despite the ongoing conflict in the Middle East.
Petron powers past profit, defies odds
Petron Corp., the country’s largest oil refiner controlled by San Miguel Corp., closed 2025 with record-breaking results, reporting a net income of P15.6 billion, up 84 percent from P8.5 billion the previous year.
President Marcos pledges fuel stability amid Middle East conflict
President Ferdinand Marcos Jr assured Filipinos on Tuesday that the country’s fuel supply remains secure despite volatility in global oil markets triggered by escalating tensions between the United States and Iran.
No shares tendered as Coal Asia pushes water pivot
Coal Asia Holdings Inc. reported that no minority shareholder tendered shares during its recent tender offer period, clearing the way for its planned transformation into a water utilities company without additional buyouts.
Pump prices jump over P1 anew as Middle East tensions bite
Fuel prices jump by more than P1 per liter this week, marking the eighth straight week of increases for gasoline and the ninth for diesel and kerosene, as global tensions in the Middle East continue to push oil costs higher.
