Cebu Bus Terminals Suspend Free Rides Due to Fuel Prices
Cebu North and South Bus Terminals have halted free rides, citing rising fuel costs and Holy Week preparations. Officials urge early travel to avoid crowds and traffic.
Category : Energy Sector
Fuel Price Crisis: P100+ per Liter and Economic Impact
Fuel prices have surged past P100 per liter, threatening to reach $200 per barrel. This crisis is causing severe economic strain, with transportation and food costs rising dramatically. Experts urge a shift to electric vehicles and bicycles as sustainable
Cebu Feels Strain as Marcos Declares Energy Emergency
President Ferdinand Marcos Jr. declares a state of national energy emergency due to Middle East turmoil, impacting Cebu with rising fuel prices and brownout threats, affecting freelancers and households.
Hotel Marks 19 Years, PAL Upgrades Fleet for 85th
Golden Prince Hotel & Suites commemorates 19 years with a month-long dining promotion, while Philippine Airlines marks its 85th anniversary with newly retrofitted Airbus A321ceo aircraft featuring Filipino-made seats.
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Cebu City Energy-Saving Steps During National Emergency
Cebu City officials coordinate with national agencies to ensure service continuity after President Marcos declares a state of emergency on energy, implementing power-saving initiatives and renewable energy partnerships.
Zamboanga Rotational Blackouts After Transformer Failure
Zamcelco implements rotational blackouts affecting 22,000 consumers after a 20MVA transformer failure during maintenance. Officials detail technical complications and contingency measures.
Bishop Backs Marcos' Energy Emergency Declaration Amid Crisis
A CBCP official welcomes President Marcos' declaration of a national energy emergency, calling it a necessary response to surging fuel prices and economic hardship.
PHP20B Emergency Fund for Fuel Supply Amid Global Crisis
President Marcos orders PHP20 billion from the Malampaya Gas Fund to boost fuel inventory and stabilize prices, as senators call for broader measures to address the energy emergency.
Philippines Eyes Russian Fuel Supply as Prices Soar
President Marcos Jr. reveals government efforts to secure fuel from Russia to boost buffer stocks, as conflict in the Middle East drives prices to unprecedented levels.
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Oil Prices Jump After Trump's Iran Ultimatum on Strait of Hormuz
Global oil prices spiked on Monday, March 23, after US President Donald Trump issued a 48-hour ultimatum to open the Strait of Hormuz, a critical chokepoint for one-fifth of the world's oil exports.
Gov't Moves to Avert Oil Supply Shortage Amid Global Turmoil
Energy Secretary Sharon Garin warns of critical oil supply risks due to Middle East conflicts, with the government seeking alternative sources and prepared to pay premiums to secure national fuel reserves.
DOE Announces New Fuel Price Hike Effective Tomorrow
The Department of Energy announces a significant fuel price increase effective Tuesday, with gasoline rising P6.47/liter, diesel up P11.88/liter, and kerosene increasing P13.66/liter.
Middle East Tensions Could Trigger Worst Energy Crisis in Decades
The International Energy Agency's chief, Fatih Birol, warns that ongoing Middle East conflicts could cause the most severe global energy crisis in decades, with oil supply disruptions already exceeding 11 million barrels per day.
Over 400 Gas Stations Close as Oil Prices Surge
The Philippine National Police reports more than 400 gasoline stations have closed due to rising crude oil and petroleum product prices, with investigations ongoing to prevent profiteering.
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Philippine Oil Shipments Normal, Future Supply at Risk
The Bureau of Customs confirms oil shipments to the Philippines are currently normal, but warns of potential supply drops in coming weeks due to Middle East tensions, with a task force monitoring imports.
Diesel Hits P134.30/L, Gasoline at P112.40/L This Week
Fuel prices surge for the fourth consecutive week due to ongoing Middle East conflict, with diesel reaching P134.30 per liter and gasoline hitting P112.40 per liter, impacting transportation and household budgets.
PH Oil Supply Buffer at 45 Days, DOE Confirms
The Department of Energy assures the Philippines has a 45-day oil supply buffer, with current inventories detailed for gasoline, diesel, and other fuels. The government is actively purchasing additional diesel reserves to bolster security.
PISTON-Cebu Noise Barrage Protests Rising Oil Prices
PISTON-Cebu and allied groups held a noise barrage in Cebu City to protest continuous oil price hikes, demanding government action and a nationwide transport strike on March 27.
Marcos Declares Energy Emergency Over Middle East Tensions
President Ferdinand R. Marcos Jr. has declared a state of national energy emergency to shield the Philippines from the impacts of escalating Middle East conflicts, as per Executive Order No. 110 issued on March 24, 2026.
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Senate Grills DOE Over Lack of Oil Stockpiling
The Senate questioned the Department of Energy for its failure to maintain oil reserves, following warnings of a potential crude supply crisis in the Philippines.
Marcos Declares National Energy Emergency Over Middle East Crisis
President Ferdinand Marcos Jr. has declared a State of National Energy Emergency in response to the Middle East conflict, signing EO 110 to authorize the Uplift committee for coordinated measures to stabilize energy supply and protect the economy.
Fuel Prices Surge in Philippines Due to Middle East Crisis
The Department of Energy projects diesel prices exceeding P130 per liter and gasoline over P100 per liter, driven by Middle East tensions. Secretary Sharon Garin cites subsidies in other Asian countries and the Oil Deregulation Law as factors affecting lo
Escudero Files Bill for P60B National Oil Reserve Facility
Senator Francis Escudero has filed Senate Bill 1993 to establish a government-owned crude oil storage facility with a capacity of 90-180 days' supply, costing up to P60 billion, to protect the Philippines from global supply disruptions and price volatilit
Clark's P4.4B Korean Deal for Luxury Mixed-Use Project
Clark Development Corporation partners with South Korea's Luxia Corporation for a P4.4 billion investment in a high-end mixed-use development, boosting the MICE economy and bilateral relations.
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Cebu Noise Barrage Over Fuel Hike Amid Global Oil Crisis
Transport groups and activists in Cebu City protested a looming fuel price hike with a noise barrage, as a Senate measure proposes giving the President authority to suspend excise taxes amid rising global oil prices due to the US–Israel–Iran conflict.
Philippines Pushes ASEAN Fuel-Sharing Pact Amid Global Energy Crisis
As ASEAN chair, the Philippines is championing the ASEAN Petroleum Security Agreement to enhance regional energy resilience. Senator Chiz Escudero emphasizes the need for collective action to stabilize fuel supplies during crises.
Terminal Fees Cut to Ease Fuel Price Impact in Philippines
The Philippine government announces reductions in air and sea terminal fees, including a drastic cut for agricultural Roro vehicles, to stabilize commodity prices amid Middle East-driven fuel hikes.
Fuel Prices Rise, Government Guarantees Supply Until Mid-May
Motorists queued at fuel stations ahead of price hikes, while Energy Secretary Sharon Garin confirmed adequate domestic supply until mid-May and detailed buffer stock efforts.
Fuel Prices to Surge Past P130/L Amid Middle East Conflict
The Department of Energy projects diesel to exceed P130 per liter and gasoline over P100 per liter due to the Middle East conflict, with supply concerns and lack of subsidies exacerbating the crisis.
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P1M Lost to Online Booking Scams in Central Visayas
The Department of Tourism 7 reports P1 million lost to online booking scams in Central Visayas, with 198 incidents recorded from September 2025 to March 2026. A new anti-scam program aims to combat fraud and protect tourists and businesses.
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