House Speaker Faustino Dy III warns that the Philippines' 95% dependence on imported petroleum makes it vulnerable to global supply shocks, advocating for natural gas and renewable energy alternatives.
A two-phase increase in liquefied petroleum gas prices begins today, approved by the DOE to mitigate consumer impact, with current stocks at 40 days.
Aboitiz InfraCapital inaugurates a desalination facility in Mactan Economic Zone 2, providing a reliable water supply for businesses and airport operations, with a capacity of 5 million liters per day.
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.
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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.
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
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
The Department of Energy reports a drop from 425 to 365 operational gas stations due to petroleum shortages, exacerbated by Middle East tensions. Hoarding and exploitation worsen the situation, impacting transportation and livelihoods nationwide.
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.
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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.
Vietnam has eliminated special consumption and environmental taxes on fuel until mid-April 2026 to stabilize prices and ensure energy security during Hormuz Strait tensions.
The Alliance of Concerned Consumers in Electricity and Social Services (Access) has issued a manifesto condemning soaring oil prices, blaming corporate greed and government inaction for the crisis.
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
President Marcos declares a state of national energy emergency, while PCO clarifies no current oil supply crisis exists. The move aims to expedite fuel procurement amid Middle East tensions.
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The Provincial Government of Davao del Norte is negotiating a multibillion-peso fuel import agreement with Malaysia to secure diesel and gasoline supplies, aiming to prevent shortages and stabilize prices amid global uncertainties.
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
The Philippine government is debating a price freeze on petroleum products to ease consumer burdens from global oil supply disruptions, but concerns over industry stability and long-term energy solutions persist.
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.
President Ferdinand R. Marcos Jr. announces the successful drilling of Camago-3 gas well, expected to extend Malampaya operations by six years and reduce dependence on imported fuel.
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Malacañang announces it is carefully studying a proposed price freeze on petroleum products as rising costs from Middle East tensions impact the Philippines, balancing consumer welfare with industry viability.
Metro Dumaguete Water warns water production costs could double as Middle East conflict drives fuel prices over P80 per liter, impacting 30,000 households while implementing efficiency measures.
President Ferdinand Marcos Jr. confirms sufficient crude oil supply until June 30, 2026, as first emergency diesel shipment arrives. Energy Secretary Sharon Garin details government efforts to cushion Middle East conflict impacts on fuel security.
Davao Light has officially taken over four substations from Nordeco in Tagum City and Asuncion, following a court order. This move aims to enhance power reliability and boost economic growth in Davao del Norte, despite ongoing legal challenges.
A Philippine congressman has filed a resolution urging the government to study reducing mall operating hours to conserve electricity amid Middle East tensions affecting global energy markets.
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Philippine Airlines suspends multiple international and domestic routes due to the looming global oil crisis, offering refunds and rebooking options to affected passengers.
The Department of Budget and Management has allocated PHP20 billion for the Emergency Energy Security Program to purchase up to two million barrels of fuel, strengthening domestic supply amid global market disruptions.
Cebu Electricity Rights Advocates express grave concerns over potential uncoordinated fuel rationing that could paralyze the local economy and essential services during the national energy emergency.
At least 16 gasoline stations in Davao Region have ceased operations due to fuel supply constraints linked to Middle East tensions, with authorities monitoring the situation closely.
Davao Light and Power Company has assumed control of four key substations in Davao del Norte after a court-issued writ of possession was enforced, marking a significant expansion move despite Nordeco's ongoing legal challenge.
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Cebu City has launched energy conservation initiatives following President Ferdinand Marcos Jr.'s declaration of a national energy emergency. Officials are collaborating with national agencies to maintain essential services and reduce the impact of power
