Latest in energy securityThe government is eyeing a property owned by the Philippine National Oil Company (PNOC) in Bataan as the site for the country’s first Strategic Petroleum Reserve, with the Maharlika Investment Corporation set to help finance the initiative, a senior Palace official revealed Saturday.…
The Philippines has implemented more policy measures to counter the global oil shock than any other economy in Southeast Asia, according to a report by the Asian Development Bank (ADB). The Manila-based multilateral lender’s latest brief showed the Philippines adopted 7 of 8 major policy…
“Hindi po kailangan utusan kami kasi trabaho po namin ’to.” This was the remark of Energy Secretary Sharon Garin as she categorically denied that any directive from Malacañang or the leadership of the House of Representatives prompted the cancellation of power supply contracts linked to Solar…
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