Some senators on Wednesday, March 25 finally heaved a sigh of relief after President Ferdinand “Bongbong” Marcos Jr. finally declared a state of national energy emergency for the Philippines in light of the ongoing oil crisis. “I welcome the President’s declaration of a state of national...
The Armed Forces of the Philippines (AFP) said Wednesday, March 25, that it placed troops on standby for possible deployment to protect key facilities and assist in logistics after President Marcos Jr. declared a State of National Energy Emergency. While the military holds no seat on the primary...
President Marcos said ferry and bus operators have committed not to increase fares this Holy Week despite rising fuel prices. In an interview with Bloomberg aired on Tuesday, March 24, the President said the commitment is part of the government’s efforts to ease the burden on commuters and the...
ACEN Corp., the energy arm of the Ayala group, secured a 7.517 billion rupee project finance loan to fund its Bijapur Wind project in Karnataka, India, as the company accelerates its expansion into one of Asia’s largest renewable energy markets. The loan, equivalent to approximately ₱4.78...
Senator Imee Marcos raised concerns over the government’s preparedness, warning that the country may be leaning too heavily on short-term relief instead of pursuing a clear energy strategy. "Having taken a month to realize that war had broken out and nothing was 'normal ' after all,...
Muntinlupa Mayor Ruffy Biazon advised the public to stay calm after President Ferdinand Marcos Jr. declared a state of national energy emergency in the country. Executive Order No. 110 states that “the declaration of a state of national energy emergency will enable the government, through the...
For every Filipino, the dream of a comfortable home has always been anchored in family. But today, that dream is being tested by a world in flux. As the ongoing conflict in the Middle East continues to disrupt a major shipping route and destabilize global markets, the ripples are felt right here at...
Gen. Jose Melencio C. Nartatez, Jr., chief of the Philippine National Police (PNP), has ordered intensified security measures in key energy facilities after President Marcos declared a national energy emergency as a result of the Middle East tensions. “We in the Philippine National Police will...
Lopez-led First Gen Corp. posted a rebound in earnings in 2025, driven by stronger hydropower generation that helped offset weaker contributions from its geothermal business. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, March 25, First Gen said its attributable recurring net...
House Deputy Speaker Bacolod City lone district Rep. Albee Benitez wants to employ the lessons learned during the Covid-19 pandemic in helping the government tackle the current state of national energy emergency. "If there is anything we should have learned from the Covid-19 pandemic, it is that...
Senator Loren Legarda, on Tuesday, March 24, expressed frustration with the Department of Energy (DOE) over its reasoning in being unable to secure congressional approval for the use of supplemental funds by the Philippine National Oil Company (PNOC). During the first organizational meeting of the...
The House of Representatives is ready to deliver immediate and concrete relief measures following President Marcos ' declaration of a state of national energy emergency. “The House will move with the same urgency, through targeted interventions, close oversight, and real relief for our...