Ex-DOE Official: WPS Oil Exploration Needs 60-40 Revenue Split

Former DOE Undersecretary Atty. Jose Layug Jr. insists any joint oil exploration with China in the West Philippine Sea must adhere to a 60-40 revenue sharing in favor of the Philippines, citing limited national resources for independent exploration.

Senator Bong Go Calls for Concrete Oil Crisis Response Plan

Senator Bong Go demands a detailed government plan to address the severe oil crisis, including fuel subsidies, sectoral aid, and tax relief, as millions of Filipinos struggle with soaring costs and transport shortages post-Holy Week.

Cagayan de Oro Declares Energy Emergency, P441M Aid Approved

Cagayan de Oro City has officially declared a State of Energy Emergency, with the City Council approving a P441 million disaster fund release for fuel and food subsidies to affected sectors, including transport workers and vulnerable groups.

Farmers, Fisherfolk Get P5-K Aid in Oil Crisis

The Department of Agriculture announces cash assistance for farmers and fisherfolk due to rising oil prices from Middle East tensions, with P5,000 for tractor users and P3,000 for motorized boat owners.

PH Oil Supply Secure for 50 Days, DOE Says

The Department of Energy assures the Philippines has a 50-day oil supply buffer, with 900,000 barrels arriving this April, though fuel prices remain elevated in urban areas.

Government, Business Tackle Fuel Price Crisis

Palace officials met with business leaders and petroleum executives to address fuel price spikes, focusing on supply chain efficiency and energy-saving measures to protect consumers and productivity.

Davao Market Prices Stabilize After Holy Week as Supply Improves

Prices of basic commodities at Bankerohan Public Market in Davao City eased after Holy Week, with vegetables leading the decline. Vendors report improved supply and stabilized deliveries, offering relief to consumers after earlier fuel-driven increases.

Fuel Rush in Davao as DOE Warns Against Panic Buying

Long lines formed at a Davao City gas station as rumors of an energy lockdown sparked panic buying. The DOE clarifies no lockdown exists, urges public to avoid hoarding, and reports stable fuel supply and prices in the region.

Samal Island Sees 48,000 Holy Week Tourists in 2026

The Island Garden City of Samal welcomed nearly 48,000 visitors during Holy Week 2026, with domestic travelers dominating the surge. Maritime authorities reported zero casualties and assisted over 269,000 passengers.

DTI Launches P4-Billion MSME Loan Fund with Flexible Terms

Trade Secretary Ma. Cristina Roque announces a new P4-billion loan program for MSMEs, offering up to P20 million in loans with collateral-free options up to P5 million, aimed at businesses impacted by overseas geopolitical conflicts.

Central Visayas Inflation Hits 7.4% in March 2026

Central Visayas leads Philippine inflation at 7.4% in March 2026, driven by sharp rises in food and transport. National inflation accelerates to 4.1%, with business leaders warning of fuel and logistics pressures.

Clark Freeport Suspends Fuel Fee Amid Energy Crisis

Clark Development Corporation suspends a P1 per liter regulatory fee on fuel for two months to ease costs for businesses during the national energy emergency, while promoting renewable energy solutions.

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