Inside ASEAN
Japan's Chiyoda Moving Toward Building Oil Reserves in the Philippines
The initiative aims to bolster the Philippines' energy security amid global supply disruptions.
Inside ASEAN IntelligenceOrganisation profile
Government agencyPhilippines
Philippine Department of Energy
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Business overview
Company backgroundThe Philippine Department of Energy is the executive department of the Philippine Government responsible for preparing, integrating, coordinating, supervising, and controlling all government plans, programs, projects, and activities related to energy exploration, development, utilization, distribution, and conservation.
The Department of Energy Philippines provides official energy policies, prices, data statistics, services, and advisories through its official portal. The Department of Energy engages in programs and projects including renewable energy, energy efficiency and conservation, energy resources development, and electric power industry management.
The Department of Energy signed a Joint Statement with the Japan International Cooperation Agency (JICA) to promote cooperation in oil security, including data collection and policy development for the Philippines' oil supply and stockpiling systems.
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