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Related Articles

about 2 weeks ago

Presidential Spokesperson Harry Roque says the deal will cover areas east of Palawan.

about 2 months ago

Oil prices have spiked in the past week, and on Thursday crude rose above $74 a barrel for the first time since late 2014.

about 3 months ago

Congress is conceptualizing a bill to authorize the president to suspend the fuel tax hike already in place, but it remains to be seen if the President would approve it.

about 3 months ago

Earlier, Presidential Spokesperson Harry Roque said government is looking into importing oil from Russia and Venezuela.

about 3 months ago

Presidential Spokesperson Harry Roque says the government is working on importing oil from non-members of the Organization of the Petroleum Exporting Countries.

about 4 months ago

Petron says improving operations in its refinery in Bataan province, northwest of Manila, contributed to the company's performance.

about 7 months ago

The Philippines and China will aggressively pursue the joint exploration for oil and gas reserves in disputed waters of the South China Sea, the Foreign Affairs chief said.

about 8 months ago

The United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, according to research firm Rystad Energy.

about 1 year ago

OPEC breathed new life into crude this week by shocking skeptical Wall Street with an agreement to cut production for the first time since 2008.

about 2 years ago

The U.S. Energy Information Administration believes that beneath the South China Sea could be 11 billion barrels of oil.