Question & AnswerQ&A (Republic Act No. 11138)
Article XII, Section 2 of the 1987 Philippine Constitution declares that all minerals, petroleum, and other mineral oils, and other natural resources are owned by the State.
The consortium includes Shell Exploration B.V., Shell Philippines LLC, Chevron Malampaya LLC, and PNOC-Exploration Corporation.
They declared that the petroleum found in the Camago-Malampaya and San Martin reservoirs are in commercial quantity.
They evaluated and determined that developing the oil leg was not commercially viable.
The Department of Energy (DOE) is designated as the lead agency.
Through the Philippine National Oil Company (PNOC) or its subsidiaries.
Yes, the PNOC or its subsidiary may engage third parties subject to existing rights over the area, applicable laws, government regulations, and prior DOE approval.
The DOE must submit regular progress reports on the implementation of the Executive Order.
The other sections or provisions not affected by that declaration shall remain in full force and effect as per the separability clause.