Almost 2.5 Million Barrels of Russian Crude Oil Acquired By Petron

Fuel giant Petron confirmed that it has almost 2.5 million barrels of crude oil from Russia, according to news report by GMA News. The acquisition has been perceived by many as crucial as the Philippines is struggling with very expensive fuel.

To put things in perspective, posted below is an excerpt the GMA News report. Some parts in boldface…

Petron Corp. on Monday confirmed the procurement of 2.48 million barrels of crude oil from Russia to augment its inventory until June, as the country’s supply reaches what it described as a “precarious” level amid the ongoing conflict in the Middle East.

The listed fuel retailer, which holds a 30% share of the Philippine market and operates the country’s only oil refinery, said it closely coordinated with the Departments of Energy (DOE) and Finance (DOF) on the purchase after both agencies called on local companies to secure alternative sources of crude and finished products.

“The corporation wishes to emphasize that the procurement of Russian crude oil is not part of its business-as-usual sourcing strategy,” Petron said in a regulatory filing.

“The purchases were undertaken strictly out of extreme necessity, as an extraordinary emergency measure in response to unprecedented geopolitical and supply chain disruptions, and only after exhausting all commercially and operationally viable alternatives,” it added.

Petron said it also received confirmation from the Bangko Sentral ng Pilipinas (BSP) that there is no prohibition under Philippine law on sourcing foreign currency for import and trade transactions, clearing the way for the importation of Russian crude oil.

The corporation said that if the current crisis persists and alternative crude sources remain unavailable or insufficient, it may again be compelled to consider purchasing Russian crude oil to augment the national fuel supply.

It added that this would help directly mitigate the adverse consequences arising from the absence of a stable and reliable source of crude.

Let me end this post by asking you readers: What is your reaction to this recent development? Does Petron’s procurement of 2.48 million barrels of Russian crude oil make you feel relieved when it comes to the overall supply of fuel in the Philippines?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Myanmar’s Min Aung Hlaing: The general who made himself president

https://fed.brid.gy/r/https://www.rappler.com/people/myanmar-min-aung-hlaing-general-president/

Myanmar junta chief Min Aung Hlaing elected president by pro-military parliament

https://fed.brid.gy/r/https://www.rappler.com/world/asia-pacific/myanmar-min-aung-hlaing-elected-president-pro-military-parliament/

Ten months in Southeast Asia, slowing down, letting go of the chase, and finding joy in street food, motorbike rides, and quiet corners away from tourists. The real Asia is on the fringes.

https://whothefami.substack.com/p/finding-the-real-asia-life-on-the

#SoutheastAsia #TravelSlow #StreetFood #LocalLife #DigitalNomad

Law students in Indonesia, 1928

https://piefed.social/c/historyphotos/p/1945013/law-students-in-indonesia-1928

P3 Million In Fuel Saved By Muntinlupa City Government

As the prices of fuel have skyrocketed nationwide, the City Government of Muntinlupa managed to save P3 million worth of fuel in a 2-week period as a result of local energy conservation measures, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

The Muntinlupa City government has saved 31,000 liters of fuel, equivalent to P3 million, in two weeks as part of its energy conservation measures.

“Happy to report na mahigit 31,000 liters o katumbas na P3 milyon na halaga ng fuel ang natipid ng Pamahalaang Lungsod sa loob lamang ng dalawang linggo mula nang ipatupad natin ang austerity at energy conservation measure (Happy to report that the City Government has saved more than 31,000 liters or the equivalent of P3 million worth of fuel in just two weeks since we implemented austerity and energy conservation measures),” Mayor Ruffy Biazon announced.

The city government implemented the measures in compliance with the directive of Malacañang to all government agencies to implement austerity measures due to the Middle East crisis.

Biazon thanked employees of city and national government offices, including the police, fire station, who cooperated in the prudent use of resources.

Included in the city government’s measures is the strategic planning of vehicle trips and strict implementation of “official use only” for government vehicles.

He said in electricity, the city government is expected to save on consumption.

“Nagpatupad tayo ng compressed 4-day work week (maliban sa frontline offices at responders), itinakda ang thermostat sa 24°C (binawasan din nang dalawang oras ang paggamit ng aircon sa lahat ng tanggapan at ang pagpatay ng ilang ilaw sa mga tanggapan sa City Hall), at naglatag ng iba pang energy conservation measures sa ating mga tanggapan (We have implemented a compressed 4-day work week (except for frontline offices and responders), set the thermostat to 24°C (also reducing the use of air conditioning in all offices by two hours and turning off some lights in offices at City Hall), and implemented other energy conservation measures in our offices),” the mayor said.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you satisfied with the energy conservation measures implemented by the City Government?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

I Love Israel: Further Israel-Philippines Cybersecurity Partnerships And Agreements Confirmed

Cybersecurity in the Philippines will be enhanced as further cybersecurity partnerships and agreements between Israel and the Philippines are underway, according to a news report by GMA News.

To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface.

Israel is seeking to expand its cybersecurity presence in the Philippines, saying the latter is one of the most “attacked” countries in Southeast Asia.

“One of the sectors that we identified there as very relevant and important for relationships was definitely the cybersecurity sector. I think that the cybersecurity sector, when we talk about the Israel-Philippine relationship, enjoys both the demand from the Philippine side, because we are well known for very advanced, proven cybersecurity solutions,” Israeli Economic Counsellor Ofek Venecianer said at an event in Bonifacio Global City on Thursday.

She said further cybersecurity partnerships and agreements are now underway between Israel and the Philippines with the shared goal of improving the Philippines’ cybersecurity.

“I think this is a great momentum that we’re trying, of course, to leverage and bring to the table more players from the Philippines side and from the Israeli side as well,” she added.

Israeli Ambassador Dana Kursh said there was a need to improve the country’s knowledge, technologies, and capabilities due to technology’s high involvement in the war.

“Cybersecurity is a huge and grave threat because it can impact us easily… It is something that is relevant to this war and we can learn from it and we can exchange best practices to utilize. We can be either defensive or offensive,” she said.

“Cybersecurity is the next war. It’s the war today… I don’t want cyber security or any other innovative tool to be against someone. I want it to be for something. So, we have to find ways to think together and to prepare for not the next future, but the future is now to see how we protect our citizens, both from ballistic missiles and from hackers that want to make harm for us and for the next generation of us,” she added.

In February, the Philippine government said that it had already been making significant moves to further strengthen the country’s cyber landscape through partnerships with other countries like Japan and Canada.

In December, a group of cybersecurity professionals also made a call to the government to bolster the country’s cybersecurity framework.

They noted there were “long overdue” reforms needed to address vulnerabilities caused by “years of underinvestment, lack of coordination, and misplaced priorities.”

In a message to GMA News Online, the Department of Information and Technology (DICT) said that they continue working on strengthening the Philippines’ cybersecurity, which includes cooperation with countries like Israel.

“DICT and CICC continue to partner with the Israeli Government through their embassy to find better and more advanced tools and methods to combat cyber threats. Most specially after the Middle East crisis. No less than the President directed [the] DICT to ensure that the country has a strong cyber defense posture,” said DICT Secretary Henry Aguda.

To all my readers, I encourage you to pray to the Lord for even closer ties between Israel and the Philippines so that people of both nations can benefit greatly with one another. Israel is a world-leader in technology and cybersecurity, and the Philippines can achieve a lot of greatness with the Israelis as the strategic partner. Without enhanced cybersecurity, the Philippines will be vulnerable to hackers, thieves, scammers and terrorists from around the world.

At the same time, I encourage you all to realize the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!

I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful, you should be aware that Christians are meant to stand united with Israel and love the Jewish people no matter what. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus!

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Your dream Bali trip is more affordable than you think 🌺 Real costs + smart savings tips 💸

Read more: https://flip.it/9BCLNd

#travel #southeastasia #asean #aseantravel #indonesia #bali #wanderlust