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Date published: Jul 29 2026 01:30 PM
INTRODUCTION
The Oil Industry Management Bureau (OIMB) in pursuant to Republic Act No. 8479 “An Act Deregulating the Downstream Oil Industry, and for Other Purposes”, formulates and implements policies, plans, programs and regulations on the downstream oil industry, including the importation, exportation, stockpiling, storage, shipping, transportation, refining, processing, marketing and distribution of petroleum crude oils, products and byproducts and monitors developments in the downstream oil industry. The OIMB is comprised of four (4) divisions i.e., the following:
- Oil Industry Competition and Monitoring Division (OICMD)
- OICMD formulates and implements policies, plans and programs to encourage activities relating to the downstream oil industry particularly on supply, logistics, marketing, distribution, and pricing. The Division has three (3) sections namely, Oil Supply Monitoring and Evaluation Section, Oil Demand & Market Competition Monitoring Section and Oil Price Monitoring and Evaluation Section.
- Oil Industry Standards Monitoring Division (OISMD)
- OISMD formulates and implements policies, plans and programs related to national standards and environmental regulations affecting quality of fuel and fuel additives, and facilities in the downstream oil industry and ensures effective implementation thereof. The Division has two (2) sections namely Petroleum Products Standards Section and Petroleum Processes and Facilities Standards Section.
- Retail Market Monitoring and Special Concerns Division (RMMSCD)
- RMMSCD formulates and implements policies, plans and programs related to the oil retail market and other special concerns affecting the downstream oil industry and ensures effective implementation thereof. It has two sections, namely Liquid Fuels Section and LPG Section.
- Natural Gas Management Division (NGMD)
- NGMD formulates and implements policies, plans, programs and regulations on the development and promotion of downstream natural gas as well as undertakes product and market development activities. The Division has two (2) sections, namely, Natural Gas Market Development and Monitoring Section and Natural Gas Industry and Infrastructure Development Administration Section.