Russian oil tanker bound for China arrives in India; first of seven vessels

The Russian oil tanker Aqua Titan, originally bound for China, has reached India’s west coast and is the first of at least seven such vessels diverted towards the country amid global supply disruptions. The medium-sized tanker, which was loaded at a Baltic Sea port in late January, was originally bound for the Chinese port of … Read more

Marcos orders release of P21.47B to shield Filipinos from fuel price surge, sustain infrastructure projects

MANILA, Philippines — President Ferdinand Marcos Jr. ordered the Department of Budget and Management (DBM) to release P21.47 billion to sustain infrastructure projects, protect jobs, and cushion Filipinos from the impact of global shocks triggered by the war in the Middle East. In a statement on Thursday, Budget Secretary Rolando Toledo said the DBM fast-tracked … Read more

Airlines seek NAIA fee cuts to offset rising jet fuel costs

MANILA, Philippines — Airlines operating at the Ninoy Aquino International Airport (NAIA) have asked the government to lower airport fees to help manage soaring jet fuel prices. Manila International Airport Authority (MIAA) General Manager Eric Ines confirmed that the airline association submitted a formal request to the Department of Transportation (DOTr) seeking a discount on … Read more

LTFRB pushes e-wallet use to speed up fuel subsidy distribution

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) ordered its regional directors to fast-track the updating and submission of beneficiary data as the government accelerates the rollout of fuel subsidies for public transport drivers and operators. In a statement on Thursday, LTFRB Chairman Vigor Mendoza II said the agency was encouraging beneficiaries … Read more

Zambales police warn against fuel hoarders 

IBA, ZAMBALES – The Zambales Police Provincial Office (ZPPO) has warned against fuel hoarding as a response to the directive of the Department of Energy (DOE) to maintain fair distribution and sale of petroleum products.  Col. Benjamin Ariola, provincial director of ZPPO, said hoarding will cause artificial shortage of fuel in the market and spike in … Read more

Manila Bulletin – Industry players fear nationwide fuel shortage is coming

Published Mar 15, 2026 06:00 pm A gas station in Jaro, Iloilo City, displays “sold out” sign on its pump last March 10. The fuel depletion comes as the country faces a historic energy crisis, with industry experts warning that domestic supplies may only last until late April due to escalating conflict in the Middle East … Read more

Senate OK on fuel excise tax bill seen – Philstar.com

Senate OK on fuel excise tax bill seen  Philstar.com Solon upbeat on swift effects of fuel excise tax suspension  Inquirer.net Oil firms assure supply as PBBM orders action vs. price shocks  Philippine News Agency Imee revives pitch for emergency powers to suspend VAT on petroleum products  ABS-CBN Constitutional safety valve for rising fuel prices  Daily Tribune Source link

Marcos certifies as urgent bill granting him emergency powers to reduce excise tax on fuel

MANILA, Philippines—President Ferdinand Marcos Jr. on Thursday certified as urgent House Bill 8418 which would grant him emergency powers to suspend or reduce excise taxes on petroleum products. Executive Secretary Ralph Recto, by authority of the president, transmitted a letter to Speaker Faustino “Bodjie” Dy 3rd stating the “necessity of the immediate enactment” of the … Read more

Government 'may well' take action on fuel hikes but no plans to cut carbon tax, says Minister – The Journal

Government ‘may well’ take action on fuel hikes but no plans to cut carbon tax, says Minister  The Journal Irish Hauliers Association warns of protest over rising fuel prices  BreakingNews.ie Govt Must Suspend Carbon Tax Immediately as Energy Costs Soar  Irish Farmers’ Association Waterford TDs speak on diesel price surge  waterford-news.ie Wicklow bus provider hit with 9pc fuel hike … Read more