Energy Secretary Sharon Garin cautioned against relaxing the country’s State of National Energy Emergency despite this week’s sharp fuel price rollback, saying the government is continuing efforts to secure access to oil...
The Department of Energy (DOE) expects fuel prices to decline sharply from June 23 to 29, with diesel and kerosene projected to post rollbacks of more than PHP 11 per liter even...
The disruption of oil and gas shipments through the Strait of Hormuz is accelerating Southeast Asia’s push to diversify energy sources, with the Philippines emerging as one of the region’s fastest-growing solar...
Photo credit: PCO President Ferdinand R. Marcos Jr. on Tuesday welcomed reports of a ceasefire agreement between the United States and Iran, saying the possible end of hostilities and reopening of the...
Global oil prices fell to their lowest levels in more than three months on Tuesday as markets assessed the prospects of a US-Iran peace deal that could restore crude flows through the...
The Department of Energy (DOE) expects fuel prices to continue easing in the coming weeks as markets respond positively to reports that the United States and Iran are nearing an agreement that...
Oil prices fell sharply after several supertankers carrying Gulf crude successfully passed through the Strait of Hormuz en route to Asian markets, easing immediate concerns over major supply disruptions affecting regional energy...
Oil prices surged while global equities showed mixed reactions on Monday as renewed tensions in the Middle East raised concerns over supply disruptions, a development closely watched by energy-importing economies such as...
Philippine President Ferdinand Marcos Jr. has called for the activation of ASEAN’s emergency petroleum-sharing mechanism and proposed regional joint oil stockpiling as Asia faces renewed risks to fuel supply chains. Marcos made...
The Philippines is seeking a fresh sanctions waiver from the United States to allow continued imports of Russian crude and petroleum products, as supply disruptions tied to escalating geopolitical tensions strain domestic...
