MANILA, Philippines — Vessels bound for the Philippines are now assured safe passage through the Strait of Hormuz, following Iran’s commitment to allow unhindered transit through one of the world’s ...

'I think the problem will stay longer than the war itself. If it ever goes down to P100 or below, it will take some time,' Energy Secretary Sharon Garin says MANILA, Philippines – Department of Energy ...

MANILA, Philippines — The Philippines is “moving with urgency” on its renewable energy (RE) expansion as Filipinos suffer from skyrocketing oil prices triggered by the Middle East war. Department of ...

The dramatic turn in markets, thanks to a two-week ceasefire between the United States and Iran, has cut global oil prices by $17 a barrel, which should shave R2.70 per litre off the fuel price hikes ...

Surging gasoline prices in the Philippines have forced some people to cancel or scale back the Visita Iglesia, a Holy Week tradition in which Catholics travel to seven churches. Filipinos heading to ...

Philippines president Ferdinand Marcos Jr has committed to fast-track 200 power plants. Image: Presidential Communications Office The Philippines has fast-tracked 1.4GW of new renewable energy ...

The Philippines suspended its wholesale electricity spot market on Thursday, the latest in a series of emergency measures meant to address energy supply risks and price volatility triggered by the ...

SINGAPORE, March 26 (Reuters) - The Philippines suspended electricity sales on the Wholesale Electricity Spot Market until further notice on Thursday due to ‌fuel supply risks and price volatility ...

The Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country’s economy. There is an “imminent danger of a critically low energy ...

The Southeast Asian country imports 90 percent of its oil from the Middle East, and the government is under intense pressure to deal with the situation. By Sui-Lee Wee President Ferdinand R. Marcos Jr ...

The automotive industry is fascinating and complex, with trends both near and far that collide with each other and make for complicated global and regional investing decisions. You have larger trends ...