HB 8126

House·20th Congress·Filed Feb 26, 2026

An Act Instituting Centralized Procurement of Petroleum in the Country

In plain language

The proposal would create a government‑run agency that buys all the country’s oil and petroleum products, holds extra stock for emergencies, and aims to keep prices stable and lower than those set by foreign oil companies.

EnergyPublic Works and Infrastructure

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Authors · 3 Representatives

Official sources

Similar in what they’d do, filed by any lawmaker.

SB 2040· Filed Apr 13, 2026
Philippine Strategic Petroleum Reserve Act
Pending in the committeeSen. Erwin T. Tulfo
SB 1934· Filed Mar 4, 2026
Philippine Strategic Petroleum Reserve Act
Pending in the committeeSen. Vicente C. Sotto III
HB 9577· Filed Jun 1, 2026
An Act Establishing the Philippine National Petroleum Reserve System to Ensure Energy Security, Maintain Emergency Petroleum Stockpiles, Provide Mechanisms for Supply Stabilization During Critical Disruptions, and Appropriating Funds Therefor
Pending with the Committee on ENERGY since 2026-06-03Rep. Atty. Gervile "Jinky Bitrics" R. Luistro
SB 2026· Filed Apr 7, 2026
Emergency Oil Price Stabilization Act
Pending in the committeeSen. Robinhood Padilla
HB 9367· Filed May 20, 2026
An Act Establishing a Philippine Strategic Petroleum Reserve System to Ensure Energy Security, and Appropriating Funds Therefor
Pending with the Committee on ENERGY since 2026-05-26Rep. Miguel Luis R. Villafuerte +3

Spot something wrong?

HB08126 · Sources: BatasWatch

An Act Instituting Centralized Procurement of Petroleum in the Country

In plain language

Authors · 3 Representatives

Official sources

Related bills · 20th Congress

Related bills · 20th Congress