Category : Energy Sector


Philippines Has 51-Day Oil Buffer, Boosts Energy Security

President Marcos announces a 51-day oil supply buffer, with new diesel shipments and P20 billion funding for additional stocks. Measures include tax suspension and renewable energy dispatch to stabilize prices amid Middle East tensions.

BIR Fast-Tracks PNOC Emergency Fuel Imports

Following the declaration of a State of National Energy Emergency, the Bureau of Internal Revenue has issued a special permit to enable PNOC Exploration Corporation to conduct emergency fuel imports, ensuring continuous energy supply for the Philippines.

P1.2-B Retirement Resort to Drive Clark Investment

A P1.2-billion retirement resort project in Clark Freeport, led by Donggwang Clark Corporation, aims to attract local and foreign retirees with senior-friendly facilities, healthcare services, and job creation.

Petronas Denies Davao del Norte Diesel Purchase Plan

Malaysia's state-owned energy firm Petronas has clarified it is not involved in Davao del Norte's proposed 44 million liter diesel import plan, contradicting Governor Edwin Jubahib's claims of ongoing negotiations.

Gas Stations Close as Fuel Shortages Hit Philippines, PNP Says

The Philippine National Police announced a decrease in gas stations closed due to fuel shortages, with 365 affected as of Monday, down from 425. Spokesperson Brig. Gen. Randulf Tuaño cited non-delivered petroleum products and stockouts as key reasons, whi

Marcos Orders Government Energy Savings Amid Middle East Crisis

President Ferdinand 'Bongbong' Marcos Jr. has directed all government agencies to reduce electricity consumption due to the Middle East conflict. Acting Executive Secretary Ralph Recto announced the policy, which includes GOCCs and aims to cut energy dema

Vietnam Fuel Prices Surge, Straining Transport Sector

Petrol stations across Vietnam face long queues as fuel prices hit highest levels since June 2025, driven by Middle East tensions. The surge pressures living costs and transport operations, with drivers and businesses struggling to adapt.

Vietnam Fuel Prices Surge, Squeezing Transport Sector

Petrol stations in Vietnam face long queues as RON95 gasoline and diesel prices hit highest levels since June 2025, driven by Middle East tensions. The surge pressures living costs and forces transport operators to optimize routes amid economic concerns.

Marcos Orders Government to Cut Energy Use Amid Oil Price Surge

President Ferdinand Marcos Jr. mandates all government agencies to reduce power and fuel consumption as the Philippines faces rising global oil prices due to Middle East conflict. Acting Executive Secretary Ralph Recto announces mandatory compliance acros

Marcos: Crude Oil Supply Secure Until June 2026

President Ferdinand Marcos Jr. guarantees the Philippines has enough crude oil supply until June 30, 2026, as the government works to secure imports amid Middle East tensions. The DOE confirms receipt of a diesel shipment to bolster national energy securi

Strategies to Mitigate Global Oil Crisis Impact

Explore comprehensive strategies to minimize the economic, social, and political impacts of the world oil crisis triggered by the Iran-US-Israel conflict, including energy diversification and international cooperation.

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