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Energy Emergency

All articles tagged with #energy emergency

Philippines Times Strategic Energy Move as Oil Shock Lingers
world17 days ago

Philippines Times Strategic Energy Move as Oil Shock Lingers

Philippines President Marcos Jr. declares a one-year national energy emergency to safeguard fuel supply amid the US-Israel war on Iran, enabling government actions to secure fuel, form a distribution committee, and crack down on hoarding while seeking a 1-million-barrel buffer stock and possible imports despite sanctions. The move comes as transport unions plan a two-day strike over higher fuel costs and critics urge broader fixes like tax suspensions and price controls, with the government also rolling out subsidies and free bus rides to ease the impact.

via Al Jazeera|
#energy-emergency#iran-war#marcos-jr
Philippines mobilizes energy emergency as Middle East conflict tests fuel security
world17 days ago

Philippines mobilizes energy emergency as Middle East conflict tests fuel security

President Marcos declares a one-year national energy emergency to shield the Philippines’ power supply amid the Middle East war, giving the energy department new power to curb hoarding and secure fuel. Manila is seeking oil waivers from the US to tap sanctioned sources (potentially including Iran), planning a temporary boost in coal-fired generation and increased Indonesian coal imports as LNG costs rise. The government also rolls out subsidies for transport workers, offers some free public transport, and prepares for possible evacuations of Filipinos in the Middle East, while pursuing a new natural gas find near Malampaya to extend its power supply.

via The Guardian|
#coal-power#energy-emergency#fuel-supply
Philippines declares national energy emergency amid Iran-driven oil shock
world17 days ago

Philippines declares national energy emergency amid Iran-driven oil shock

The Philippines has declared a one-year national energy emergency to safeguard fuel supplies after the Iran conflict disrupts global markets, authorizing the government to secure fuel, oversee distribution of essentials, and directly purchase petroleum; with 98% of oil imports from the Gulf, diesel and petrol prices have more than doubled, about 45 days of fuel left, and a shift toward coal power as LNG costs rise.

via BBC|
#energy-emergency#energy-security#iran-conflict
Ukraine braces for winter as energy emergency is declared to stabilize power
world2 months ago

Ukraine braces for winter as energy emergency is declared to stabilize power

Zelenskyy announces a state of emergency in Ukraine's energy sector to shore up power and heating after heavy Russian attacks, with increased imports, around-the-clock repair crews, and the possibility of curfews as night temperatures fall toward -20C; Kyiv pledges a coordination HQ and rapid action, while critics say more prep is needed compared with Kharkiv. Separately, the EU is considering a €90bn loan to allow Ukraine to buy weapons from non-European suppliers, alongside defence challenges and sanctions on Russia's energy sector.

via The Guardian|
#energy-emergency#eu-loan#power-outages