Energy & Mining
Hormuz access deal secures supply, not prices
Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.
Aboitiz InfraCapital rolls out measures amid energy crisis
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is rolling out operational and workforce measures to cushion the impact of the country’s newly declared energy emergency, as rising fuel costs threaten mobility, supply chains, and day-to-day expenses.
Fuel rewards campaign drives loyalty beyond pump
In a market where rising fuel prices test both patience and wallets, Rizal Commercial Banking Corp. and SEAOIL Philippines have turned everyday spending into something closer to aspiration.
Firms get alternative fuel offers amid volatility
Philippine manufacturers facing rising fuel costs and global uncertainty are being presented with alternative energy supply options, as the private sector moves to cushion the impact of geopolitical tensions.
DTI defers LPG price cap decision to DOE
The Department of Trade and Industry (DTI) said the proposed price cap on liquefied petroleum gas (LPG) should be decided by the Department of Energy (DOE), citing the latter’s regulatory jurisdiction over the sector.
