Energy & Mining
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.
Gov’t rushes fuel subsidy program as oil nears $80 a barrel
The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are speeding up the preparation of documents needed to release fuel subsidies to public utility vehicle (PUV) operators and drivers as global oil prices near $80 per barrel.
Ahunan, Prime Infra launch livelihood program for Pakil farmers
Ahunan Power Inc. and Prime Infra Foundation have launched a new livelihood program in Pakil, Laguna to help local farmers increase their income through mushroom growing and vermicomposting.
PXP Energy reports wider net loss as production and prices fall
Philippine oil exploration firm PXP Energy Corp. saw its core net loss widen to P50.2 million in 2025, up 50.8 percentfrom P33.3 million in 2024, the company disclosed to the Philippine Stock Exchange on Monday.
PCCI urges Philippine defenses vs oil shock
The Philippine Chamber of Commerce and Industry has urged swift and decisive action as geopolitical tensions following US and Israeli military strikes on Iran rattle global markets and threaten to derail the Philippines’ fragile recovery.
