Energy Emergency
10 reports
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - May 29, 2026
Tensions in the Strait of Hormuz restrict shipping, with reports of an extended ceasefire between the US and Iran. A fuel rollback is expected by June 2. In other news, Indonesian coal shifts may risk the Philippines’ power grid, while Japan will help build the country’s oil reserve.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - May 22, 2026
The Philippine government's buffer fuel supply is managed. The Department of Energy is not resuming state procurement due to storage limits, relying on private oil company procurement. Meanwhile, peace talks between US and Iran remain stalled.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - May 14, 2026
The Islamic Revolutionary Guards Corps Navy has expanded its operational area in the Strait of Hormuz, reinforcing transit restrictions. Meanwhile, the Philippines continues to prioritize bills on subsidy payments over tax cuts.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - May 8, 2026
Tensions in the Strait of Hormuz and high inflation are driving Philippine energy shifts. With storage at capacity, the government paused fuel imports. To stabilize supply chains during this economic slowdown, new policies like the Kalinga Bill and tanker restriction exemptions are being considered.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - April 30, 2026
Domestic fuel prices are projected to rise next week due to high global crude oil prices and a weak peso near PHP 61/USD, driving up import and operational costs for local businesses.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - April 24, 2026
A sharp oil price increase is likely if geopolitical conflict resumes in May. Restricted vessel movement in the Strait of Hormuz may cause a refined petroleum product shortage for the Asia-Pacific region.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions - April 17, 2026
Full implementation of government fuel and transport subsidy programs will require at least two more weeks. Energy experts are optimistic for a domestic fuel price rollback on April 21.
Special Advisory: Updates on the National Energy Emergency and Related Disruptions
Domestic supply of fuel in the Philippines remains sufficient, but high fuel prices persist. Meanwhile, President Marcos Jr. announced a new service contracting and fuel subsidy program to help the operations of public service vehicles.
Special Advisory: Current Fuel Situation and Related Disruptions - April 01, 2026
The Philippine government declared a national emergency due to the escalating oil crisis.
Special Advisory: State of National Energy Emergency
The Philippine government declared a national emergency due to the fuel supply crisis.