A significant oil price hike is now in effect, with gasoline up by P5.20 per liter, diesel by P13.95, and kerosene by P20.95. Another round of increases is scheduled for Wednesday, March 11, adding to the financial strain on consumers.
Fishermen, farmers, and consumer groups staged a protest at a Cubao gasoline station in Quezon City, denouncing the sharp increase in petroleum product prices effective Tuesday, March 10, 2026.
Meralco's new charge increase raises rates to P13.8161 per kWh, adding about P129 to typical household bills due to higher transmission and generation costs.
Island Shipping Corporation implements a new fare matrix for Santa Fe, Bantayan Island routes, adding a P70 fuel surcharge due to continuous oil price increases, affecting regular, senior, student, and child passengers.
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Davao City authorities coordinate response as Middle East tensions trigger massive fuel price increases, with gasoline up ₱7-13, diesel ₱17.50-24.25, and kerosene ₱32-38.50 per liter, affecting local transportation and daily earnings.
Japan has instructed its national oil storage sites to prepare for a potential release of crude oil reserves following US-Israeli attacks on Iran that disrupted Middle East supplies, though no final decision has been made.
Bacolod City Mayor Greg Gasataya urges oil retailers to comply with DOE pricing regulations as city inspectors monitor gasoline stations for hoarding and early price increases.
Philippine Airlines President Richard Nuttall announced fleet expansion, improved on-time performance, and enhanced customer service initiatives during the 77th Interclub Golf Tournament awards ceremony in Davao.
Motorists in Davao City are grappling with unprecedented fuel price hikes, driven by Middle East tensions. The DOE warns of increases up to ₱24 per liter, impacting livelihoods and prompting warnings against hoarding.
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The Department of Energy-Mindanao Field Office is ramping up enforcement against illegal LPG sales, urging residents to report unauthorized operations. Recent inspections in Davao del Norte found 12 establishments operating without proper licenses.
Oil companies in the Philippines announce staggered price hikes this week, with diesel expected to surpass P80 per liter by weekend due to ongoing Middle East conflicts.
The Department of Energy warns electricity costs could rise by up to 16% in April due to escalating global oil prices and Middle East tensions, with LNG supply disruptions from Qatar compounding the crisis.
Davao Light reiterates its legal mandate to operate in Samal, citing Supreme Court rulings and regulatory approvals, while urging Nordeco to cease spreading misleading information amid the ongoing power dispute.
Electric cooperatives in Negros Occidental attribute April 2022 power rate increases to rising fuel prices, with consumers facing a P0.50 per kWh hike. DOE Secretary Sharon Garin warns of potential 16% electricity cost increases by April 2026 if global fu
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Fuel prices are set to skyrocket this week, with diesel expected to surpass P80 per liter. Major oil companies like Shell and Petron have announced staggered price hikes, impacting gasoline and kerosene as well.
The Energy Regulatory Commission confirms regulatory measures are active to protect consumers from potential exploitation by power firms as oil prices rise due to Middle East tensions, with market monitoring intensified.
Nordeco asserts its legal authority to operate in Samal until 2033, despite Davao Light's takeover of its assets, urging consumers to continue settling bills as legal disputes unfold.
A surge in global oil prices is stranding passengers and driving up travel costs across the Visayas as shipping companies restrict routes and hike fares to survive, impacting commuters and businesses.
Seashell souvenir vendors at Liberty Shrine in Lapu-Lapu City report declining sales due to post-pandemic tourism changes, with daily earnings dropping from thousands to hundreds of pesos.
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Several fuel retailers in Pampanga increased gasoline, diesel, and kerosene prices over the weekend, despite a Department of Energy warning against premature adjustments ahead of the scheduled Tuesday hike.
The Provincial Government of Negros Occidental and Bacolod City implement executive orders for energy conservation, including compressed work weeks and efficiency measures, in response to global market volatility and rising fuel costs.
Police in San Fernando City raided an illegal LPG and butane refilling station without a DOE permit, arresting four men and seizing equipment under Republic Act 11592.
An in-depth look at diesel power plants, explaining their components, operation, and why they're limited to small-scale or backup electricity generation.
The Department of Energy advises oil companies to stagger price increases over two weeks to ease consumer burden, with diesel potentially rising to P80 per liter if fully implemented based on global trends.
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The Department of Energy suggests a phased oil price increase to mitigate global crude spikes, potentially halving immediate costs for drivers and consumers amid economic concerns.
The Department of Energy directs government agencies to reduce energy consumption by at least 10% to mitigate Middle East conflict impacts and prepare for seasonal demand spikes.
The Philippine government has issued a directive for fuel conservation measures in response to escalating tensions in the Middle East, aiming to stabilize domestic supply and prices.
The Department of Transportation is preparing a P2.5 billion fuel subsidy program to mitigate rising oil prices caused by Middle East tensions, with potential global supply disruptions.
The Department of Energy warns that fuel prices could increase by up to P10 per liter in the coming weeks due to global oil market tensions between the US and Iran, with subsidies considered if crude hits USD80 per barrel.
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President Ferdinand Marcos Jr. confirms the Philippines has sufficient oil reserves to last 50-60 days, despite escalating Middle East tensions that may drive global price increases.
