Tags / oil companies
oil companies
Measures (2)
SBN-2007bill · in_committee
DOWNSTREAM OIL INDUSTRY TRANSPARENCY AND FAIR PRICING ACT
This bill mandates the unbundling and disclosure of petroleum prices by oil companies, requiring them to provide a detailed breakdown of costs associated with petroleum products. It aims to enhance transparency and empower consumers while establishing a pricing reference system under the Department of Energy.
SBN-641bill · in_committee
INSTITUTIONALIZING TRANSPARENCY IN THE PHILIPPINE DOWNSTREAM OIL INDUSTRY
This bill aims to institutionalize transparency in the Philippine downstream oil industry by amending the Downstream Oil Industry Deregulation Act. It empowers the Department of Energy to require oil companies to disclose the actual cost components of fuel prices when the average price of Dubai crude oil reaches or exceeds USD 80 per barrel.