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A service for energy industry professionals · Monday, June 23, 2025 · 824,860,069 Articles · 3+ Million Readers
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Philippines Oil & Gas News Monitoring

  • Published on Jun 21, 2025

    Next week’s oil price hike seen exceeding P5 per liter

    Expected on Tuesday, June 24, is an increase in local pump prices caused by global oil market fluctuations and Middle East tensions. And it will be more than P5 per liter, higher than the initial industry projections. The Department of Energy (DOE) is set …

    Source: Inquirer - Neutral
  • Published on Jun 19, 2025

    8 in 10 people support taxing oil and gas corporations to pay for climate damages, global survey finds

    Bonn, Germany – A vast majority of people believe governments must tax oil, gas and coal corporations for climate-related loss and damage, and that their government is not doing enough to counter the political influence of super rich individuals and …

    Source: Greenpeace International - Left-wing
  • Published on Jun 20, 2025

    Pertamina To Buy 20% Stake In Philippine Tycoon Edgar Saavedra’s Renewable Energy Venture For $118 Million

    A Citicore Renewable Energy solar farm in Bulacan, north of Manila.Courtesy of Citicore Renewable Energy PT Pertamina will acquire 20% of tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. for 6.7 billion pesos ($118 million), providing the Philippine …

    Source: Forbes - Neutral
  • Published on Jun 21, 2025

    Filipinos in Israel and Iran told to voluntarily repatriate

    MANILA, Philippines – Filipinos in Israel and Iran are told to voluntarily repatriate as the country raised the alert levels in both countries to Alert Level 3 in light of the rising tension in the Middle East. Alert Level 3 covers voluntary repatriation …

    Source: Cebu Daily News - Neutral
  • Published on Jun 21, 2025

    China, Philippines report encounter in South China Sea

    China’s coast guard said it drove away a Philippine ship around Scarborough Shoal in the South China Sea, the latest friction in a longstanding rivalry in the strategic waterway. “The China Coast Guard gradually took necessary measures such as shouting …

    Source: The Denver Gazette - Colorado - Center-right
  • Published on 04:04 GMT

    Business InsightsWhy Adnoc's offer to acquire Santos marks a big leap

    It would be the largest acquisition of an upstream international oil and gas company by a state-owned one. Adnoc’s $18.7 billion bid for Australia’s Santos, in partnership with private equity giant Carlyle and Abu Dhabi’s holding company ADQ, is a dramatic …

    Source: The National News - Pro-Government
  • Published on Jun 21, 2025

    Oil price shock up: P5/liter

    The Department of Energy warned domestic pump prices could increase by P5 per liter next week if global oil prices continued to soar as Israel and Iran have been exchanging deadly strikes and apocalyptic warnings for seven days now. DOE Oil Industry …

    Source: Manila Standard - Pro-Government
  • Published on Jun 20, 2025

    Chevron Reportedly Seeking Buyers For Singapore Refinery Stake Amid Cost-Cutting Drive

    Chevron (CVX) stock is expected to garner retail attention on Friday after a report said that the company was planning to sell its stake in a Singapore refinery amid its efforts to trim costs. According to a Reuters report, citing a source familiar with …

    Source: Asianet Newsable - Center-right
  • Published on Jun 20, 2025

    Govt urged to create oil reserve

    WITH the conflict between Iran and Israel pushing up the price of oil worldwide, a congressman is proposing that the government set up a Strategic Petroleum Reserve (SPR) to stabilize the country's fuel supply and prices. Outgoing Camarines Sur Rep. …

    Source: The Manila Times - Indeterminate
  • Published on Jun 20, 2025

    Big oil's decades of deception on climate change

    IN recent years, the world has begun to grapple with the devastating reality of climate change: rising sea levels, catastrophic storms, prolonged droughts and increasingly unpredictable weather patterns. Yet, behind the scenes, a chilling truth has emerged …

    Source: The Manila Times - Indeterminate
  • Published on Jun 20, 2025

    Philippines cuts policy rate by 25 bps as inflation outlook eases

    The Bangko Sentral ng Pilipinas (BSP) has reduced its key policy rate by 25 basis points to 5.25 per cent during its monetary policy meeting, citing a more moderate inflation outlook. Corresponding rates for the overnight deposit and lending facilities …

    Source: Fibre 2 Fashion - Pending
  • Published on Jun 22, 2025

    Government seizes P220 million smuggled fuel in La Union

    MANILA, Philippines — The Bureau of Customs (BOC) has confiscated P220 million worth of smuggled fuel in La Union port. In a statement, the BOC said MT Bernadette was found transferring diesel fuel to two trucks at the port in what is known as the “paihi” …

    Source: Philippine STAR - Indeterminate
  • Published on Jun 20, 2025

    International Survey Shows 81% Back Forcing Big Oil to Pay for Climate Destruction

    Large majorities of people around the world support both taxing oil, gas, and coal companies for the environmental damage made worse by fossil fuels and using higher taxes on polluters to support communities most impacted by the climate crisis, according …

    Source: Common Dreams - Left-wing
  • Published on Jun 20, 2025

    No respite for Philippine peso as it slumps to 57 level

    BSP Governor Eli Remolona (Photo by Ian Nicolas P. Cigaral) MANILA, Philippines — The Philippine peso on Thursday sank to its weakest level in almost three months, retreating to the 57 level as the US Federal Reserve’s decision to stay patient emboldened …

    Source: Inquirer - Neutral
  • Published on Jun 20, 2025

    Oil price hike of close to P5 a liter set next week

    A big-time oil price hike of close to P5 a liter is seen next week, REUTERS/Bing Guan/File Photo MANILA, Philippines – A big-time oil price hike of almost P5 a liter awaits motorists next week due to global jitters over a supply disruption …

    Source: Inquirer - Neutral
  • Published on Jun 19, 2025

    UK interest rates expected to remain on hold; rate cuts in Norway, Switzerland and the Philippines – business live

    Introduction: Bank of England expected to leave interest rates on hold todayGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. These are challenging times for central bankers. After steering through …

    Source: The Guardian - Center-left
  • Published on Jun 20, 2025

    Big-time oil price hike of up to P5 per liter looms next week

      MANILA, Philippines – A big-time oil price hike of almost P5 a liter awaits motorists next week due to global jitters over a supply disruption resulting from a possible escalation in the Israel-Iran conflict. The Department of Energy and Jetti Petroleum …

    Source: Cebu Daily News - Neutral
  • Published on Jun 21, 2025

    China Attacks Philippine Ship in Philippine Waters with Water Cannon

    A Chinese Coast Guard ship attacked a Philippine government vessel near the Scarborough Shoal on Friday, using a water cannon to drive the Philippine ship out of waters claimed by China. The Scarborough Shoal is a small, rocky land mass about 120 nautical …

    Source: Breitbart - Right-wing
  • Published on Jun 19, 2025

    Chevron Explores Sale of Singapore Refinery Stake

    As part of a push to streamline global assets and reduce costs, U.S. supermajor Chevron is inviting non-binding bids from potential buyers of its 50% stake in a refinery in Singapore, Reuters reported on Thursday, citing multiple sources with knowledge of …

    Source: Oil Price - Neutral

08 days 16:25:34

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