Tag page - fuel reserve

The Philippines is planning to establish its first state-owned strategic fuel stockpile, aiming to double the nation 's energy buffer to 60 days to insulate the economy from global supply shocks, the Department of Energy (DOE) said. In an interview, Energy Secretary Sharon Garin said the...

The Philippines is moving to establish its first systematic strategic petroleum reserve program to insulate the domestic economy from volatile global supply chains and geopolitical shocks, according to the Department of Energy (DOE). Under a newly established framework dubbed Partnership On Wide...

LAPU-LAPU CITY, Cebu — The leaders of the Association of Southeast Asian Nations (ASEAN) are exploring the creation of a regional fuel reserve system to strengthen energy security and cushion member-states from future supply disruptions caused by wars and geopolitical tensions, President Marcos...