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Oil price shocks next week seen – Manila Bulletin

Filipino consumers will brace for a "crucifying" historic "price shocks" next week as diesel prices will surge by P11.75 to P11.95 per liter while gasoline prices will equally be on astronomical rise of P7.10 to P7.30 per liter for RON95 gasoline; and P6.85 to P7.00 per liter for RON92 gasoline. The

PH-US nuclear cooperation deal signed

The United States government has formally inked a memorandum of understanding (MOU) with the Philippine Department of Energy (DOE) that will strengthen "strategic civil nuclear cooperation" between the two countries amid fear of ensuing nuclear war as Ukraine and Russia, both nuclear power hosts, co

PH bracing ahead for P100/liter oil

With a ‘mega spike’ of $150 per barrel oil in the world market anticipated in the days ahead, the Philippines is subsequently seen bracing for P100 per liter oil at the domestic petroleum pumps, especially for gasoline products that are now inching closer to P90 per liter. In a briefing with rep

DOE seeks EO to suspend coal import duty

The Department of Energy (DOE) is batting for the issuance of an Executive Order (EO) by President Rodrigo Duterte to suspend the 7.0 percent import duty on coal imports that will be utilized for power generation, so consumers will not be saddled with exorbitant electricity rates. In a briefing

DOE: PH nuclear power cooperation with Russia to stay – Manila Bulletin

Despite the war hostilities raging between Russia and Ukraine, the Department of Energy (DOE) has declared that the Philippines "nuclear power deal” with Russia’s Rosatom State Atomic Energy Corporation for the conduct of a feasibility study for the targeted installation of nuclear power facilities

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