MANILA, Philippines - The House of Representatives is ready to initiate possible and necessary legislative reforms to rid policies and laws governing the power and oil industries of existing intrinsic flaws that tend to undermine national interest. read more »
EVEN as top oil refiner Petron Corp. issued estimates of a P1.5-billion quarterly loss for complying with Executive Order (EO) 839, which freeze oil prices in Luzon to give the public relief from recent calamities, the clamor to extend the EO’s effects to Visayas and Mindanao mounted on Wednesday. read more »
