DOE: No Oil Rationing Needed in Philippines, Supply Secure
The Department of Energy confirms sufficient oil inventory for over 40 days, with measures against hoarding and plans to diversify sources, amid high prices and Middle East conflicts.
Category : Energy Sector
Fuel Prices Soar Amid Middle East Crisis, EVs and Bikes Gain Appeal
Diesel hits P99 per liter, with further hikes expected as Middle East tensions disrupt oil shipments, prompting a potential shift to electric vehicles and bicycles for transportation alternatives.
LTFRB-Davao Aids Transport Operators for Fuel Subsidy Program
The LTFRB-Davao Region is actively helping PUV and PUJ operators prepare for the government's fuel subsidy program, which allocates P2.5 billion to mitigate rising fuel costs driven by global conflicts.
Philippines Fuel Prices Surge, Diesel May Reach P114/L
The Department of Energy warns of significant fuel price increases in the Philippines, with diesel potentially hitting P114 per liter due to global oil market volatility and Middle East tensions.
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CDC Calls for Energy Conservation in Clark Freeport
Clark Development Corporation officials have called for immediate energy conservation and responsible fuel use within Clark Freeport, citing global supply disruptions. President Agnes Devanadera emphasized shared responsibility and practical daily habits.
Oil Executives Meet with Palace to Stabilize Fuel Supply and Prices
Executive Secretary Ralph G. Recto and Energy Secretary Sharon Garin led a meeting with oil executives to ensure stable fuel supply and prevent excessive price hikes, amid global volatility and President Marcos's push for urgent tax relief measures.
Davao Light Starts Vegetation Clearing in Samal, Power Outages Possible
Davao Light and Power Company initiates vegetation clearing along distribution lines in Island Garden City of Samal, warning residents of potential temporary power interruptions during maintenance work.
Fuel Prices Surge: Diesel Up to P23.90, Gasoline Up to P16.60
The Department of Energy announces a significant fuel price hike starting March 16, 2026, with diesel increasing by P20.40 to P23.90 per liter, gasoline by P12.90 to P16.60, and kerosene by P6.90 to P8.90, implemented in a staggered manner.
Marcos Urges Biofuels Act Amendment Amid Oil Crisis Fears
President Ferdinand Marcos Jr. has certified as urgent a proposal to amend the Biofuels Act of 2006 to address potential oil price spikes from Middle East tensions, aiming to boost energy security and protect consumers.
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Pampanga Electricity Rates Fall in March 2026
Electric cooperatives Pelco-3 and Pelco-2 report significant reductions in electricity rates across multiple Pampanga towns for March 2026, even as global fuel prices continue to climb.
Major Oil Price Hike Announced for March 2026
The Department of Energy announces a significant oil price increase starting March 16, 2026, with diesel up P20.40-P23.90 per liter, gasoline up P12.90-P16.60, and kerosene up P6.90-P8.90, to be implemented on a staggered basis.
Pampanga Governor Orders Energy Savings, Flexible Work Amid Fuel Crisis
Governor Lilia G. Pineda issues Executive Order No. 03 mandating energy conservation measures and flexible work arrangements for provincial employees due to global oil price surges from Middle East conflict.
Fuel Price Hike Hits Fishermen and Tourism in Cordova
Fisherman Jamlo Villaber struggles as fuel costs soar, cutting into his daily earnings from swaki fishing. Island-hopping operators in Cordova also face profit losses, awaiting fare adjustments from authorities.
Philippines Considers Russian Oil Imports Amid Crisis
The Philippines is considering purchasing oil from Russia after the U.S. temporarily allowed sanctioned Russian crude shipments, as global energy tensions rise due to Middle East conflicts.
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Philippines Weighs Russian Oil Imports Amid Middle East Conflict
Foreign Affairs Secretary Ma. Theresa Lazaro confirms the Philippines is considering importing oil from Russia following a temporary U.S. waiver on sanctions, as Middle East conflicts disrupt global energy supplies.
Davao-Samal Power Interconnection Project Advances
AboitizPower's Davao Light has laid submarine cables across Pakiputan Strait, connecting Davao City and Samal Island, with completion expected by mid-2026 to boost power reliability and economic growth.
Cebu Governor Seeks Investors for Alegria Oil Field Exploration
Despite halted operations, Cebu's provincial government remains interested in exploring the Alegria oil field, with Governor Baricuatro noting investor interest but no formal discussions yet.
ASEAN Pushes Energy Security as Middle East Tensions Rise
ASEAN economic ministers emphasize diversifying energy sources and boosting renewables to counter supply disruptions from Middle East conflicts, aiming to stabilize regional economies.
Davao Consumer Movement Calls for Action on Electricity Bill Spikes
The Davao Consumer Movement urges government and power distributors to protect households from electricity bill shocks as Middle East tensions drive up fuel prices, impacting generation costs and the Wholesale Electricity Spot Market.
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Dumaguete Water Firm Tackles Fuel Costs with Efficiency Drive
Metro Dumaguete Water is enhancing operational efficiency as rising fuel prices, driven by the Middle East conflict, threaten to double water production costs for over 30,000 accounts.
Davao Fuel Prices Jump Due to Middle East Conflict
Gasoline stations in Davao City report sharp fuel price hikes, with increases up to P14 per liter, driven by global oil market volatility from the Iran-Israel conflict, affecting local budgets and economic stability.
Nordeco Counters Davao Light's Samal Power Claims
Nordeco disputes Davao Light's assertions about exclusive electricity distribution rights in Samal, citing ongoing legal proceedings and constitutional provisions for coexistence.
Cebu Power Rate Hike from Middle East Conflict, Summer
Power distributors in Cebu warn of rising electricity rates in upcoming billing cycles, driven by Middle East tensions increasing imported fuel costs and high summer demand. Visayan Electric and Cebeco III detail generation charge impacts and conservation
Fuel Price Surge in Philippines Strains Economy Amid Middle East Tensions
Gasoline prices in the Philippines are projected to rise by P19 to P24 per liter this week, driven by Middle East conflicts and supply disruptions. This increase impacts transportation, food costs, and electricity rates, affecting households nationwide.
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Fuel Price Surge Hits Philippine Shipping and Power
Rising global fuel prices are squeezing the Philippine economy, with shipping companies facing unusual marine fuel costs and Cebu residents bracing for higher electricity rates this summer.
DOE Investigates 70 Gas Stations for Early Price Hikes
The Department of Energy is investigating up to 70 gas stations for allegedly exploiting the Middle East conflict by implementing price increases ahead of schedule, with potential closures or permit cancellations.
Oil Firms Offer Fuel Discounts Amid Looming Price Hike
Major petroleum companies are providing fuel discounts to PUV drivers, TNVS operators, and delivery riders as a response to the impending price surge caused by Middle East conflicts.
DOE Orders 54 Gas Stations to Explain Price Increases
The Department of Energy has issued show cause orders to 54 gasoline stations for allegedly raising petroleum product prices amid Middle East tensions, with warnings of legal action and closure.
Diesel Prices to Hit P24.25/L This Week Due to Middle East Tensions
The Department of Energy announces significant diesel and gasoline price hikes this week, with increases up to P24.25 per liter, driven by Middle East conflicts affecting global oil supply.
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QC Gas Stations Run Dry Before Expected Fuel Price Hike
Several gas stations in Quezon City have exhausted their petroleum products as motorists rush to fill up before an anticipated major price increase on Tuesday. Long queues were reported along Commonwealth Avenue, with diesel at ₱57 per liter and gasoline
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