Marcos promises 'flow of oil' as Philippines declares energy emergency

The President says the country will procure one million barrels of oil to add to the current stock.

SEE IT: Travelers sound off as ICE agents deployed to airports as shutdown drags past 40 days

Travelers are divided over Trump's plan to deploy ICE agents to airports as the DHS shutdown leaves TSA workers unpaid and increasingly short-staffed.

Philippines declares Emergency as energy supplies run short

The Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country’s economy.

Petroleum companies sound alarm on Philippines’ limited fuel supply 

Contrary to assurances from President Ferdinand Marcos Jr. and Energy Secretary Sharon Garin, importations after April are not definite

By Isagani de Castro Jr.

Marcos may order fuel excise tax suspension or reduction by April 12-13

MANILA, Philippines— President Ferdinand Marcos Jr. may order the suspension or reduction of excise taxes on petroleum products by April 12 or 13, an official of the Department of Finance (DOF) told senators on Thursday. DOF is part of the Development Budget Coordination Committee (DBCC) tasked to make recommendations to the president to either suspend

By cbuban

Marcos signs law allowing excise tax freeze, but won't use powers yet

President Marcos set to sign law allowing suspension of fuel excise tax amid rising prices.

By Jean Mangaluz