Energy & Mining
Petron leads sharp fuel hike; Jetti delays to cushion diesel impact
Fuel prices are set to increase this week as global oil costs remain high tensions in the Middle East.
CDC drops fuel fee, eases Clark cost pressures
The Clark Development Corporation (CDC) has suspended its fuel royalty fee and rolled out support measures to cushion the impact of rising fuel costs on more than 1,300 locators and an estimated 150,000 workers in the Clark Freeport Zone.
Senator Gatchalian pushes zero-interest EV loans, incentives
Senator Sherwin Gatchalian on Monday pushed a new package of non-fiscal incentives, including zero-interest loans, to accelerate the country’s transition to electric vehicles (EVs), citing risks from heavy dependence on Middle East oil.
PCC flags barriers, pushes power market reforms
The Philippine Competition Commission (PCC) has raised concerns over structural and operational barriers that continue to dampen genuine competition in the country’s retail electricity market, following a strategic policy dialogue with the Independent Electricity Market Operator of the Philippines (IEMOP).
Fuel prices to rise again despite assured supply — DOE
Fuel prices in the country are expected to increase again this week, driven by global oil market pressures linked to ongoing conflict in the Middle East.
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