DOE Assures Vigilant Oversight of Oil Companies’ Compliance
Manila: The Department of Energy (DOE) might not have the police powers to run after erring oil companies, but it continues to monitor and report violations to other relevant agencies, its officer-in-charge said Wednesday. According to Philippines News Agency, Energy OIC Sharon Garin mentioned that the issue of an oil cartel in the country is based on unconfirmed information. She acknowledged the existence of some forms of anti-competitive behavior in the industry, though not widespread. “There are still some activities that are not of the best interest of the public,” Garin stated. The DOE remains vigilant in its monitoring efforts.