PHILIPPINE energy companies expect electricity and fuel demand to remain strong in the second half, according to a report by BusinessWorld.
Rising oil prices and supply risks linked to the Iran war are likely to keep pressure on costs and project execution, the firms said. Despite these challenges, industry players remain optimistic about demand growth.
The energy sector is closely monitoring geopolitical developments and adjusting strategies to mitigate potential disruptions. Analysts note that sustained economic activity will support energy consumption in the coming months.