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Regalian doctrine
The exploration, development and utilization of these natural resources are under the full control and supervision of the State.
3 INVESTMENT LAWS IN ENERGY RESOURCE DEVELOPMENT
Presidential Decree (P.D.) 87
PD 972
RA 9513 “Renewable Energy Law of 2008”
IMPORTANT LAWS RELATED TO RESOURCES DEVELOPMENT
Indigenous Peoples Rights Act (“IPRA”)
Environmental Impact Statement (“EIS”) System
Local Government Code of 1991
National Integrated Protected Areas System Act (“NIPAS”)
Rules of Procedure for Environmental Cases
22 Petroleum Service Contracts (PSCs) As of June 2018
7 PSCs in the Production Stage
15 PSCs in the Exploration Stage
NATURE OF THE UPSTREAM PETROLEUM INDUSTRY
Highly regulated and controlled
High risk
Capital intensive
Requires long-term commitment
Power Sector Plans and Programs
Coal Moratorium
Power Plant Decommissioning
Interconnection of Major Grids
Competitive Selection Process (CSP)
Retail Competition Selection Process and Open Access (CSP) (RCOA)
WESM Mindanao
Reserve Power Market
Smart Grid Policy and Roadmap
Rationalization of the UCME Subsidy
Total Electrification Program
Alternative Fuels and Energy
Hydrogen
Nuclear Energy