DOE finalizes drafted changes to oil deregulation law

MANILA, Philippines – The Department of Energy (DOE) is finalizing a draft of amendments it wants Congress to change to the oil deregulation law and will submit the proposed changes to lawmakers “soon,” an Energy department official said on Tuesday. “[We] have completed a draft amendment,” Energy department Director Rino Abad told a congressional hearing. “It is being finalized today, and soon we will be submitting it to Congress for amendment.” Efforts to revise the country’s oil deregulation law have gained traction after the conflict in the Middle East underscored the Philippines’ vulnerability to global supply shocks.  READ: Senate asks […]... Keep on reading: DOE finalizes drafted changes to oil deregulation law

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