Oil and gas exploration: PH ready to rumble
The resumption of oil-and-gas exploration could stimulate the economy and employ more labor, but large foreign capital is needed to restart the industry.
Duterte imposes extra 10% import duty on crude, refined petroleum to augment Covid-19 funds
President Rodrigo Duterte has imposed an extra 10 percent import duty on crude oil and refined petroleum products, citing the need to raise more money for the Covid-19 response.