Trump Pushes $100B Venezuela Oil Plan, CEOs Hesitant
US President Trump urges oil giants to invest in rebuilding Venezuela's industry, but executives cite major risks and past losses. Details on the seized tankers and the new energy deal.
Category : Search result: Venezuelan oil seizure
Russia Slams US Tanker Seizure as Maritime Law Violation
Russia accuses the US of grossly violating international maritime law after troops seized the Russian-flagged Marinera tanker. The incident threatens to escalate Euro-Atlantic tensions. Read the full story.
P106.56M in Smuggled Cigarettes Seized in Mindanao
Authorities arrest two suspects and confiscate over P106 million worth of smuggled cigarettes in separate operations in Soccsksargen and BARMM. Details on the busts inside.
Oil Price Rollback Up to PHP0.30/Liter Seen Next Week
Filipino motorists may see fuel price cuts next week, with diesel dropping up to PHP0.30/liter. An oil exec cites global oversupply but warns geopolitical risks could change forecasts.
Trump Announces U.S. Control of Venezuelan Oil After Capture
Following a controversial military operation capturing President Maduro, the U.S. plans to sell 30-50M barrels of Venezuelan oil. Global protests erupt. Read the full story.
US Abducts Venezuela's Maduro in Military Invasion
Global coalition condemns US invasion of Venezuela, bombing of Caracas, and abduction of President Nicolás Maduro. Demand immediate release and respect for sovereignty.
PRO-NIR Arrests Over 2,000, Seizes P285M in Shabu
Negros Island police report massive anti-drug haul for 2025: 2,077 arrests and P285M in shabu seized. Details on regional operations and future strategy inside.
Venezuela Oil Crisis Reshapes Global Energy After Maduro
The fall of Maduro redirects Venezuela's massive oil reserves, creating winners like Chevron and losers like China. Discover how this impacts global oil prices and geopolitics.
P21.2M Smuggled Cigarettes Seized in Zamboanga
Authorities in Zamboanga City intercept a motorboat carrying P21.2 million worth of smuggled cigarettes, leading to three arrests. Details on the latest anti-smuggling victory.
OPEC+ Pauses Oil Output Increases for Feb & Mar 2026
OPEC+ confirms a continued pause on oil production increases for February and March 2026. The group adopts a cautious stance ahead of its next meeting. Read the full analysis here.
Oil Prices: Diesel Up P0.20, Gasoline Down P0.10 Jan 6
The first oil price adjustment for 2026 takes effect Tuesday, January 6. Diesel and kerosene prices rise, while gasoline sees a slight rollback. Get the full details here.
P1.02M Shabu Seized, Suspect Arrested in Dumaguete
PRO-NIR seizes P1.02 million worth of shabu and arrests a high-value drug personality in a Dumaguete City operation. Read the full details of the bust.
Ex-Convict Nabbed Again in Cebu Drug Bust
A 56-year-old ex-convict is back in jail after a Parian Police buy-bust operation seized P850,000 worth of shabu. Discover the details of the arrest and his alleged drug network.
P850K Shabu Seized, Ex-Convict Arrested in Cebu Buy-Bust
Parian Police arrest ex-convict Jesus Solite Robaro in T. Padilla buy-bust, seizing 125 grams of suspected shabu valued at P850,000. Suspect allegedly resumed drug trade after 2025 release. Read the full report.
P2.28M Shabu Seized, Suspect Arrested in Bacolod
Bacolod police seized P2.278 million worth of suspected shabu and arrested a high-value drug personality in a Tuesday night operation. Read the full details of the drug bust.
P7.6M Shabu Seized in Bogo City, Suspect Arrested
PNP operatives arrest a high-value swertres collector in Bogo City, seizing over 1.1 kilos of shabu worth P7.6 million. Details of the December 28 operation inside. Read more.
Diesel, Kerosene Prices Up PHP0.60/L on Tuesday
Oil companies announce a PHP0.60 per liter increase for diesel and kerosene starting Dec. 30, reversing last week's rollback. Gasoline prices remain unchanged. Learn the reasons behind the hike.
P2.1M shabu seized, suspect arrested in Talisay City
Cebu police arrested a drug peddler and seized P2.1 million worth of shabu in Talisay City on Christmas Day. The suspect admitted to increased holiday demand. Read the full report.
P73K Marijuana Seized, Dealer Arrested in Bohol Buy-Bust
Police in Loon, Bohol, arrest a food vendor and seize over 600 grams of marijuana worth P72,984 in a dawn buy-bust operation. The suspect is linked to provincial drug distribution. #BoholNews #DrugBust
P365K Smuggled Cigarettes Seized in Negros Oriental
Police in Negros Island Region recover P365,000 worth of smuggled cigarettes in two separate operations. Community tips lead to successful busts, protecting local revenue. #LawEnforcement #NegrosOriental
Major Drug Bust in Naga, Cebu Nets P681K in Shabu
PDEA-7 and Naga police seized over 180 grams of shabu worth P1.2 million in twin raids in Barangay Tuyan and Langtad. One suspect was arrested, while another escaped. Read the full details.
Live-in couple arrested with P598K shabu in Toledo
A live-in couple faces drug charges after a buy-bust in Toledo City, Cebu, yielded 88 grams of suspected shabu worth P598,400. They will spend Christmas in jail.
Woman Caught with Grenade in Mandaue Store
A 33-year-old woman was arrested after security guards found a grenade and a .45 pistol in her bag inside a Mandaue City store. She faces serious charges. Read the full details.
80 Grams of Shabu Seized in Antique, HVI Arrested
PRO 6 arrests a high-value drug suspect in San Jose, Antique, confiscating 80 grams of shabu. Suspect faces life imprisonment. Read the full police report.
Indian Arrested in Cebu for Opium Sales, P163M Found
PDEG 7 arrests an Indian national in Cebu City for allegedly selling opium from his store. Authorities confiscate P163 million in cash and illegal drugs worth P208,000. Read the full story.
P19.8M Smuggled Cigarettes, Drugs Seized in Sultan Kudarat
Police in Sultan Kudarat seized P19.8 million worth of smuggled cigarettes and P13,600 in illegal drugs in a major raid. The suspect remains at large. Read the full story.
Iloilo Police Arrest 64, Seize P22M Drugs in November
Iloilo City Police Office reports major drug busts in November 2025, arresting 64 personalities and confiscating over P22 million worth of shabu and marijuana. Read about the coordinated operations.
152 Drug Suspects Arrested, 8.4kg Shabu Seized in W. Visayas
Western Visayas police arrest 152 drug suspects, seize over 8.4kg of shabu in November 2025 operations. Read about the regionwide crackdown and community efforts.
Major Fuel Price Rollback: Diesel Down P2.90/Liter
Major oil firms announce significant price cuts for diesel and kerosene starting Tuesday, December 2, 2025. Gasoline sees a slight increase. Read the full details and cause.
OPEC+ Pauses Oil Production Increases in 2026
OPEC+ suspends planned oil output hikes for January-March 2026, citing seasonality. The alliance, led by Saudi Arabia and Russia, opts for a cautious stance. Discover what this means for global oil markets and the Philippines.
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