Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Gas royalties from the Malampaya Deep Water Gas-to-Power Project can be utilized by the Philippine National Oil Co. to develop new coastal petroleum storage facilities, enhancing the country's energy security.

Car buyers' interest in electric vehicles has surged across both the US and Europe following significant fuel price shocks, with the crisis leaving consumers 'scarred' and demand potentially settling at a new, higher normal.

An educational quiz on international relations topics, including the East-West oil pipeline, Houthis, and the Gulf Cooperation Council, was published as part of a daily series.

The Department of Foreign Affairs stated that any oil and gas cooperation agreement with China or other foreign governments will strictly adhere to the Philippine Constitution and laws, asserting the country's sovereign prerogatives.

On oil, Trump said, "China can send their ships to us, to Venezuela... we have a lot of overcapacity, and we'll probably sell for even less money [than Iran]."

Malacañang announced that President Marcos is expected to reveal his decision today regarding the excise tax on petroleum products, amidst public questioning on whether he will suspend or reduce it to mitigate soaring oil prices.

A recent oil shock has brought back concerns reminiscent of the 1970s energy crisis, though analysis suggests that today's economy is better equipped to handle such disruptions.

MANILA, Philippines — Diesel pump prices are projected to decrease by P20.89 per liter starting April 14, while gasoline prices are expected to go down by P4.43 per liter and kerosene by P8.50 per…

The Philippine Coast Guard intercepted a truck carrying approximately 5,400 liters of petroleum products without the required permit at Tabaco Port in Tabaco City, Albay.

Fuel prices in the UK have reached nearly £2 per litre, leading to warnings of potential protests, as peace talks between the US and Iran fail to reach a deal, exacerbating the conflict.