WHEREAS, the Department of Energy (DOE) issued Department Circular No. 98-03-004 which provided that all persons or entities engaged in any activity or business of the downstream oil industry shall be subject to certain reportorial requirements;
Department Circular
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Enjoining The Strict Compliance Of The Downstream Oil Industry Participants To The Reportorial Requirements Of Republic Act No. 8479 And Other Related Issuances
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Further Amending Section 14 Of Department Circular No. 98-03-004 Entitled "Rules And Regulations Implementing Republic Act 8479, Downstream Oil Industry Deregulation Act Of 1998, " As Amended By Department Circular No. 2003-06-007 SECTION 1. Coverage: Pursuant to Chapter VII, Section 23 of Republic Act No. 8479, otherwise known as the "Downstream Oil Industry Deregulation Act of 1998", Section 14 (paragraph) c of Department Circular No. 98-03-004, as amended by Department Circular No. 2002-05-001, is hereby further amended to read as follows:
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Enjoining All Oil Companies To Engage In Mutual Product Sharing Accommodations And Similar Industry Practices To Stabilize Oil Supply WHEREAS, pursuant to Republic Act No. 7638, otherwise known as the Department of Energy Act of 1992, it is the declared policy of the State to ensure a continuous, adequate and economic supply of energy with the end in view of ultimately achieving self-reliance in the country's energy requirements;
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Providing For the Increase of The Minimum Inventory Requirements Of All Oil Companies And Bulk Suppliers Operating In The Country WHEREAS, under Department Circular No. 2003-01-001, the Department of Energy adopted guidelines to implement the minimum inventory requirement of all oil companies and bulk suppliers operating in the country to ensure a continuous, adequate and stable supply of petroleum crude oil and products... Read More
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Mandatory Use of BIOFUEL Blend WHEREAS, Section 5.2 of Republic Act No. 9367 or the "Biofuels Act of 2006" provides: "Within four years from the effectivity to determine the feasibility and thereafter recommend to DOE to mandate a minimum of ten percent (10%) blend of bioethanol by volume into all gasoline fuel distributed and sold by each and every oil company in the country."
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Creating the Special Bids and Awards Committee (SBAC) For the Procurement of the New Market Management System (MMS) For the Philippine Wholesale Electricity Spot Market (WESM) WHEREAS, Republic Act No. 9136 or the Electric Power Industry Reform Act of 2001 (EPIRA) mandates the Department of Energy (DOE) to, among others, ensure the reliability, quality and supply of electric power; ensure transparent and reasonable prices of electricity in a regime of free and a fair competition and full public accountability to achieve greater operational and... Read More
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Declaring the Commercial Operation of the Wholesale Electricity Spot Market (WESM) In the Visayas Grid and Its Integration with the Luzon Grid WHEREAS, Section 2 of Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act of 2001 ("EPIRA"), declared as a policy of the State to ensure transparent and reasonable prices of electricity in a regime of free and fair competition and full public accountability to achieve greater operational and economic efficiency and enhance the competitiveness of... Read More
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Mandating The Rational Utilization Of Available Generation Capacity In Mindanao And Directing Doe-Attached Agencies, The National Grid Corporation Of The Philippines (NGCP), And All Industry Stakeholders To Address The Power Supply Situation In Mindanao WHEREAS, pursuant to the declared policy of the State under Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act of 2001 (EPIRA), the Department of Energy (DOE) has been mandated to ensure the quality, reliability, security, and affordability of the supply of electric power and establish and administer programs for, among others, utilization of... Read More
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Prescribing the Implementing Rules and Procedures for Department Circular No. DC2010-05-0006, Entitled "Terminating the Default Wholesale Supplier Arrangement for the Philippine Wholesale Electricity Spot Market (WESM) and Declaring A Disconnection Policy." WHEREAS, on 06 May 2010, after various public consultations and meetings with the relevant government agencies and stakeholders in the electric power industry, the Department of Energy (DOE) issued Circular No. 2010-05-0006, entitled "Terminating the Default Wholesale Supplier Arrangement for the Philippine Wholesale Electricity Spot Market (WESM) and Declaring a... Read More
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Enjoining All Electric Industry Stakeholders in the Visayas Grid to Register and Participate In the Visayas WESM Trial Operation Program (TOP) WHEREAS, the Department of Energy (the "DOE") is mandated under Section 30 of Republic Act No. 9136, otherwise known as the "Electric Power Industry Reform Act of 2001" or "EPIRA", to establish the Wholesale Electricity Spot Market (WESM) that would facilitate a transparent, competitive and reliable market for electricity, and jointly with the electric power industry... Read More
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