Formulates and implements policies, plans and programs to encourage activities relating to the downstream oil industry particularly on supply, logistics, marketing, distribution & pricing
Oil Supply Monitoring and Evaluation
- Formulates policy recommendations and implements policies, plans and programs relating to oil supply
- Monitoring compliance of industry players on prior notice and reportorial requirements on importation and exportation of crude oil and petroleum products including lubes/ specialty products as mandated under R.A. 8479
- Monitors submission of periodic reports on importation, exportation, inventory, crude run and refinery production of crude oil and petroleum products including lubes/specialty products, as well as refinery process facilities and shutdowns/turnarounds
- Recommends the initiation of legal proceedings against noncompliance to the pertinent reportorial requirements
- Evaluates notices filed by downstream oil industry players particularly on importation/ exportation of crude oil and petroleum products including lubes/specialty products, and issues acknowledgements thereof
- Evaluates applications for availment of petroleum products export incentives for endorsement of the DOE
- Conducts inspection of petroleum product supply storage facilities, and product sampling
- Assists in the development of as well as maintains and updates database relative to crude oil and petroleum products including lubes/specialty products importation, exportation, inventory, production, & crude run including refinery process facilities and shutdowns/turnarounds
- Evaluates refinery operations and their implications on oil supply
- Conducts research and studies relative to oil supply
- Provides inputs in the preparation of the Philippine Energy Plan, particularly on the oil supply aspect
- Coordinates the conducts of information and education campaign relative to oil supply
- Coordinates with various DOE units and concerned government agencies and other entities, (E.G., BOC, BIR, SEC, OIL Companies, special Economics Zones) on crude oil/petroleum product importation/exportation, inventory and oil refinery production
- Performs AD HOC functions as may be assigned
Oil Demand and Market Competition Monitoring
- Formulates policy recommendations and implements policies, plans and programs relating to oil demand and market competition
- Monitoring compliance of industry players on prior notice and reportorial requirements as mandated under R.A. 8479
- Monitors submission of sales reports on petroleum products as inputs to oil demand and market competition analysis
- Recommends the initiation of legal proceedings against noncompliance to the pertinent reportorial requirements
- Evaluates notices filed by downstream oil industry players on their engagement in the downstream oil industry (bulk supply/marketing) and issues acknowledgements thereof
- Evaluates applications for petroleum tanker chartering/utilization, importation, local construction and conversion of service for endorsement to maritime industry authority (MARINA).
- Evaluates applications for registration & availment of incentives of downstream oil industry players for endorsement to the board of investments (BOI)
- Conducts inspection of petroleum product marketing and distribution facilities and undertakes product sampling
- Maintains a computerized database relative to oil industry sales and market share of players, investments of all players, thruput of bulkplants, oil distribution facilities and tanker utilization
- Conducts research and studies relative to storage, marketing and distribution of oil products (E.G., oil depot relocation, logistics, de-bottlenecking, ETC.)
- Provides inputs in the preparation of the Philippine Energy Plan, particularly on marketing and distribution activities of the downstream oil industry players
- Assists in the conduct of information and education campaigns relative to the downstream oil industry players.
- Coordinates with various DOE units and concerned government agencies and other entities, (E.G. MARINA, BOI, SEC, OIL Companies) particularly on downstream oil industry investments and activities.
- Performs AD HOC functions as may be assigned
Oil Price Monitoring and Evaluation
- Formulates policy recommendations and implements policies, plans and programs relating to oil pricing (E.G., TAXATION REVIEW, IPO, ETC.)
- Monitors international prices of crude oil and petroleum products.
- Simulates the impact of international petroleum products pricing on domestic pricing of petroleum products
- Determines the reasonableness of price adjustments in local market VIS-A-VIS global market conditions
- Conducts research and studies relative to the downstream oil industry affecting pricing of petroleum products
- Maintains and updates database relative to oil pricing
- Conducts inspection of petroleum product supply, marketing and distribution facilities.
- Provides technical support to the DOE-DOJ task force on anti-trust safeguards
- Provides inputs in the preparation of the Philippine energy plan, particularly on the pricing aspect
- Coordinates the conduct of information and education campaign relative to oil pricing
- Coordinates with various DOE units and concerned government agencies and other entities, (E.G., DOE, BIR, BOC, SEC, OIL Companies, ETC.) relative to petroleum product pricing, taxation, among others
- Perfoms AD HOC functions as may be assigned