上場燃料小売企業のTop Lineは、セブ市内の貯蔵施設を賃借し、ビサヤ地方における貯蔵能力を3倍に拡大する。
Top Line Business Development Corporationの子会社であるTop Line Logisticsは、LuDo & LuYm Corporationとの間で、セブ市内の同社貯蔵施設の一部に関する賃貸契約を締結した。この動きにより、Top Lineの燃料貯蔵量は1,000万リットルから3,000万リットルに増加する予定である。Top Line Energy Complexの第1段階では施設の改修が行われ、2026年第4四半期の完了を予定している。CEOのEugene Erik Lim氏は、このプロジェクトが同社の事業拡大を支え、地域のエネルギー安全保障を向上させると述べた。LuDo & LuYmの会長Douglas Luym氏は、この提携がセブおよびビサヤ地方におけるより信頼性の高い燃料サプライチェーン構築に向けて、長期的な価値を創出する可能性があると指摘した。なお、Top Lineは2025年4月にフィリピン証券取引所に上場した。
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The Kenya Pipeline Company has assured the public of sufficient fuel stocks at all its terminals to meet national demand, despite reports of shortages in at least 13 counties. The Kenya Transporters Association warns of a looming logistics crisis due to rationing and withdrawn credit facilities. Energy Cabinet Secretary Opiyo Wandayi has been summoned to parliament over a related fuel scandal.
The Philippines has received a shipment of 21,000 metric tons of liquefied petroleum gas from the United States to support energy supply during a national emergency. The cargo arrived on May 30 and forms part of government efforts to stabilize fuel reserves.
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President Ferdinand Marcos Jr. urged Southeast Asian nations to activate and test their fuel-sharing pact, citing vulnerabilities exposed by the Middle East conflict for import-dependent economies. The Department of Energy said another round of fuel rollbacks remains possible next week, though officials cautioned against assuming the downtrend will hold amid global oil market volatility. DOE also ordered fuel firms to report storage capacities to prepare for disruptions.
Senate President Pro Tempore Panfilo Lacson has endorsed a 60-40 joint oil and gas exploration agreement with China in the West Philippine Sea to counter fuel supply shocks from the Middle East conflict. He stressed that any deal must adhere to the 1987 Constitution's 60-40 foreign ownership limit. Lacson also urged government action against abuses in the energy sector.
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Economic managers are set to meet today to submit proposals to President Ferdinand Marcos Jr. addressing soaring oil prices from the Middle East war. Presidential Communications Undersecretary Claire Castro said the Development Budget Coordination Committee discussed measures including fuel excise taxes. The UPLIFT committee meeting is also scheduled.