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ASEAN backs US-Iran ceasefire, urges maritime safety, continued talks

Manila, April 13 -- Foreign ministers from the Association of Southeast Asian Nations (ASEAN) on Monday underscored the importance of the two-week ceasefire between the United States and Iran for mari... Read More


DOE sets more measures to ease impact of oil supply issues

Manila, April 1 -- he Department of Energy (DOE) is implementing additional measures to help cushion the impact of oil supply issues, including the fast-tracking of net metering application processes.... Read More


DTI: Commodity prices on hold until April 16

Manila, March 29 -- Prices of basic necessities and prime commodities (BNPCs) will increase only starting April 17, following a meeting among officials of the Department of Trade and Industry (DTI), m... Read More


PSEi, peso fall as BSP raises 2026 inflation forecast

Manila, March 27 -- Philippine stocks and the peso ended in negative territory on Friday after the Bangko Sentral ng Pilipinas (BSP) raised its inflation outlook beyond the target range for next year.... Read More


PH secures fresh oil shipments; eyes gas boost from Palawan discovery

Manila, March 27 -- Energy Secretary Sharon Garin on Friday said more crude oil deliveries are expected in the coming days following the recent arrival of new supplies, as the government moves to stab... Read More


ERC orders temporary WESM operations suspension starting Thursday

Manila, March 26 -- The Energy Regulatory Commission (ERC) on Thursday announced the temporary suspension of operations of the Wholesale Electricity Spot Market in all three grids in the country to he... Read More


PH fuel supply adequate until mid-May: DOE

Manila, March 24 -- The Philippines continues to have adequate fuel supply until the second week of May, Energy Secretary Sharon Garin said Tuesday. In an online briefing, Garin said that on average,... Read More


DOE audits nearly 200 gov't agencies, finds most compliant

Manila, March 16 -- Efforts to cut electricity and fuel use by up to 20 percent across government agencies are gaining ground as authorities push conservation measures amid the ongoing Middle East con... Read More


Fuel prices up by as much as P23.90 per liter this week

Manila, March 16 -- Domestic oil prices will rise by as much as PHP23.90 per liter this week, with five companies implementing increases on a staggered basis starting Tuesday, Energy Secretary Sharon ... Read More


DTI eyes toll, logistics fee suspension amid fuel price surge

Manila, March 11 -- The Department of Trade and Industry (DTI) is recommending the suspension of logistics handling costs and toll fees for delivery vehicles transporting basic and prime commodities t... Read More