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Senator Imee Marcos is calling for a one-year suspension of the value-added tax (VAT) on oil products amid lingering economic difficulties due to the COVID-19 pandemic. Marcos, who chairs the Senate committee on economic affairs, noted another price hike by oil companies that reached per liter increases of P1.15 for gasoline, P0.60 for diesel, and […]
Senator Win Gatchalian is calling for an inquiry on the effects of the COVID-19 pandemic on the upstream, midstream and downstream oil and gas sectors to determine the measures that the government needs to implement to ensure the country’s energy security. Gatchalian, chair of the Senate Committee on Energy, filed Senate Resolution No. (SRN) 389, […]
Senator Win Gatchalian is urging the administration of President Rodrigo Duterte to be more aggressive in its pursuit of energy self-sufficiency by launching a “Drill, Drill, Drill” program to explore and develop the country’s untapped oil and natural gas resources. Gatchalian, who serves as chairman of the Senate Energy Committee, made the call amid the […]