

The oil industry has raised concerns over rising logistics costs and port congestion amid the ongoing global oil crisis, the Department of Energy (DOE) said.
According to the DOE, business leaders have also expressed apprehension over the rapid pace of renewable energy adoption and the need to expand opportunities in digital and remote work sectors.
The concerns were discussed during a meeting between energy officials and Executive Secretary Ralph Recto, where the government assured stakeholders it would take action to address the issues.
“That is why since Day One of this conflict, the President’s instruction was to reach out to business, civic leaders, local government executives and get their views, and many, in fact, have been inputted in our response,” Exec. Sec. Recto said.
The DOE reaffirmed its commitment to ensuring energy security while advancing sustainable energy initiatives, particularly in Luzon.
The agency said it is closely monitoring the country’s oil supply chain and has strengthened coordination with industry players to safeguard fuel availability.
“With or without this conflict, we should be removing friction costs across the supply chain,” Recto said.
“This includes unnecessary checkpoints, especially for those transporting perishable foods,” the Executive Secretary further stressed.
The department added that it will continue to work with partner agencies and stakeholders to maintain a stable fuel supply, promote fair market practices and support the long-term resilience of the energy sector.
