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House approves substitute bill amending Oil Deregulation Law

The House Committee on Energy approved a substitute bill “subject to form and style” to amend the 1998 Downstream Oil Industry Deregulation Act or the Oil Deregulation Law.


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House Bill (HB) 10505, authored by Pampanga 2nd district Rep. Juan Miguel ”Mikey” Arroyo to amend the Oil Deregulatio ....

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House panel OKs bill amending Oil Deregulation Law, asks Duterte to call for special session

House panel OKs bill amending Oil Deregulation Law, asks Duterte to call for special session
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Interim fuel reserves eyed as oil prices soar

SHOULD world oil prices continue to soar in the next few weeks, gasoline prices are expected to reach P86.72 per liter and diesel at P81.10 per liter, the Department of Energy (DOE) warned on Monday, as oil firms frowned on an option to stagger this week’s huge oil-price hike to… ....

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