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.
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.
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.
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
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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 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.
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.
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.
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.
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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.
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.
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.
President Ferdinand R. Marcos Jr. has ordered the creation of a crisis committee to ensure stable oil supply and protect consumers from the impacts of Middle East conflicts, with no current shortage reported.
Fuel prices have skyrocketed by up to 60% due to the Iran conflict, severely impacting public transport and threatening economic stability. Lawmakers propose tax suspensions as drivers demand subsidies.
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Davao Light and Power Co. has raised residential electricity rates to P10.63 per kWh for March-April 2026, citing higher Wholesale Electricity Spot Market prices. The increase adds about P65-66 to typical 200 kWh monthly bills.
Criminal Investigation and Detection Group operatives in Mandaue City raided a house used as an illegal LPG warehouse in Bogo City, seizing goods worth P269,000 and arresting a suspect.
Senator Francis Escudero has filed Senate Bill No. 1993 to establish a National Strategic Fuel Reserve in Limay, Bataan, with a capacity for 90-180 days of national consumption to enhance energy security and stabilize prices during global disruptions.
President Ferdinand Marcos Jr. has certified the bill amending the Biofuels Act of 2006 as urgent, aiming to mitigate rising oil prices and enhance national energy security amid geopolitical tensions.
House Speaker Faustino 'Bojie' Dy III announced a government-wide effort to swiftly pass legislation allowing temporary suspension of mandatory biofuel blending, following President Marcos Jr.'s urgent certification.
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DOE Secretary Sharon Garin expresses hope that the Malampaya East-1 gas reserve can be utilized soon to help address the intensifying oil crisis, pending technical and investment approvals.
The Philippines has reached an all-time high in oil prices following a second consecutive major price hike, as confirmed by the Department of Energy. Secretary Sharon Garin warns of even higher costs in remote areas, with increases nearing P50 for diesel.
The International Energy Agency has authorized the immediate release of strategic oil reserves to Asia-Pacific nations to counter supply shortages from Middle East tensions, marking the largest emergency action in history.
The Philippines is exploring oil imports from Russia as part of a strategy to diversify fuel sources, aiming to reduce local prices and ensure supply stability amid Middle East tensions affecting current crude imports.
A massive blackout in Cuba, caused by a national grid failure, has left nearly 10 million residents without power, exacerbated by a US oil blockade limiting fuel imports and straining the country's energy infrastructure.
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The Maritime Industry Authority has authorized a maximum 20% fare adjustment for passenger and cargo vessels in response to anticipated double-digit oil price hikes, urging operators to optimize routes and capacity.
The Department of Energy forecasts diesel prices could soar to P114 per liter in Metro Manila this week, despite oil companies staggering increases over days to ease the impact on motorists.
A Philippine congressman is advocating for the creation of a government-managed Strategic Petroleum Reserve to enhance energy security and protect the economy from global oil supply disruptions.
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.
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.
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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.
