Marcos rejects demands to re-nationalize Petron

Department of Energy secretary Sharon Garin admitted the government does not have the money nor does it have plans to buy back the country’s leading oil company, Petron Corporation, which used to be government-owned and operated under the Philippine National Oil Corporation before its privatization in February 1994.

PH faces LPG shortage

Approximately, 40% to 50% of Filipino households use LPG as their primary cooking fuel. Around eight million households rely on it daily, with demand in residential and commercial sectors comprising over 89% of total national consumption.

‘Teka-teka’ on oil excise tax, VAT

President Ferdinand Marcos Jr. signed Oil Excise Tax Suspension Law or Republic Act No. 12316 on Wednesday night, March 25, 2026, but he actually suspended the “suspension” for a date no one could divine.

Emergency

“ngunit paano/titipirin ang gutom?/paano babawasan/ang pasa/ng magsasaka/kung ang araro/ay pinupurol/ng digmaan?”