
Philippines among hardest-hit by oil shock — BMI
Discover why the Philippines is among the hardest-hit economies by the Middle East oil shock, as BMI slashes GDP growth forecasts, raises inflation…
Tip: add a year in your query (e.g. Eala 2022) or use the year filter.
107,788 results for “Philippines oil storage capacity DOE”

Discover why the Philippines is among the hardest-hit economies by the Middle East oil shock, as BMI slashes GDP growth forecasts, raises inflation…

The Asian Development Bank is extending up to $1.75 billion in additional financing to help the Philippines manage the economic fallout of the Middle East oil…

ASEAN leaders have agreed to establish a Philippine-based ASEAN Maritime Center and move toward a regional fuel reserve system, as the bloc responds to Middle…

DOE Secretary Sharon Garin says the Philippines now has 54 days’ worth of oil reserves, nearing its 60-day maximum storage capacity amid global tensions.

The Philippines is leading Asia-Pacific in responding to the oil crisis, ADB says, rolling out extensive fuel subsidies, targeted cash transfers, and transport…

Oil prices retreat on renewed US–Iran talks, but risks remain for the Philippines as elevated fuel costs, peso depreciation, and rising inflation continue to…


The Asian Development Bank now projects Philippine gross domestic product growth at 4.4 percent for 2026 — a 0.9-percentage-point downgrade from its December…

Philippines signs oil and energy exploration deals with Australia, UK, and Israel, as DOE eyes diversified partnerships to boost energy security.

The Department of Energy is fast-tracking the Philippines’ shift to renewable energy as global oil prices surge, aiming for 35% clean power by 2030 and 50% by…

: The DOE says fuel supply remains sufficient despite expected price increases, as the government boosts imports and urges oil firms to stagger price…

Discover how the government is exploring international agreements to secure fuel supply amid rising prices due to the ongoing conflict in the Middle East.…

EcoFlow launches the PowerOcean Single-Phase in the Philippines, marking its Southeast Asian expansion with a smart, scalable home solar-plus-storage solution.

The Department of Energy urges oil firms to offer more discounts to PUV drivers amid rising oil prices due to Mideast tensions. The government prepares…
The Department of Energy (DOE) is urging oil companies to implement any massive and sudden fuel price increases gradually to cushion the impact on consumers,…

Fuel prices in the Philippines may roll back next week, with gasoline, diesel, and kerosene all expected to drop, due to global oversupply concerns and U.S.…

Nido Petroleum Philippines awaits the DOE's declaration of commerciality to expand oil exploration in offshore northwest Palawan, aiming to tap into…

In Kyiv, Ukrainian forces thwart a Russian missile attack