Energi
Fuel crisis closes 425 gas stations nationwide
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A total of 425 out of 14,485 gas stations nationwide were temporarily closed as of March 27 due to the fuel crisis triggered by the Iran war, according to the Philippine National Police. The Cordillera Administrative Region recorded the highest number at 79, while President Ferdinand Marcos Jr. declared a national energy emergency.
The average wholesale electricity price will be 0.18 euros per MWh this Sunday, the lowest level of the year and one of the lowest in history, according to the Operador del Mercado Ibérico de Energía (OMIE). This marks a 94% drop from Saturday's 3.03 euros average. Ten hourly periods will see negative prices.
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Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling rig, which recently arrived to launch a programme drilling five new natural gas wells in the Mediterranean Sea for BP and Arcius Energy. Badawi stated that intensifying drilling is a top priority to unlock exploration opportunities and boost output from existing fields. The initiative reflects international companies' confidence in Egypt's investment climate.
Meta has agreed to fund seven new natural gas power plants and extensive energy infrastructure to support its largest data center under construction in Richland Parish, Louisiana. The deal with Entergy Louisiana includes 240 miles of transmission lines and battery storage, as reported by the Wall Street Journal. This follows a non-binding pledge by tech companies to cover power costs for AI data centers.
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The Department of Energy (DOE) announced the arrival of 142,000 barrels of diesel in Luzon on Thursday, March 26, 2026, as the first delivery under the Emergency Energy Security Program. Energy Secretary Sharon Garin described it as the result of government efforts to bolster fuel supplies. However, calculations based on DOE data indicate it covers less than one day's diesel demand.
Japan's government plans to temporarily lift restrictions on coal-fired power plants to address an energy crunch from the Middle East war. Officials presented the plan to a panel of experts, who approved it, the industry ministry said. The measure allows full operation of older, less efficient coal plants for a year starting in the new fiscal year from April.
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West Bengal Chief Minister Mamata Banerjee warned of a possible nationwide lockdown amid fears of fuel shortages due to the West Asia conflict. Long queues formed at petrol pumps in Uttar Pradesh and other states, though governments assured no shortages. Oil companies confirmed normal supplies.
Senators demand accountability from oil companies
fredag, 27. mars 2026, 23:03Government allocates 70 million euros to sectors hit by fuel price surge
fredag, 27. mars 2026, 21:41Economics minister Reiche rejects excess profits tax
fredag, 27. mars 2026, 19:51Centre raises commercial LPG allocation to 70%
fredag, 27. mars 2026, 19:27Ituango records lowest discharge but completes 35 days of spillovers
fredag, 27. mars 2026, 08:10Cuba pursues energy alternatives amid U.S. blockade
fredag, 27. mars 2026, 08:01Ecopetrol shareholders approve $121 per share dividends in tense assembly
fredag, 27. mars 2026, 04:55Mexico's government implements new CFDI complement against fuel theft
fredag, 27. mars 2026, 01:50New York appeals court annuls YPF expropriation ruling against Argentina
fredag, 27. mars 2026, 01:50SEC postpones electricity bill hikes until July 2026