Petroleum exploration, exploitation law 1949

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Republic Act No. 387: Petroleum exploration, exploitation law 1949

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Title Source: Supreme Court: Petroleum exploration, exploitation law 1949

Law: Republic Act No. 387

Decision Date: Jun 18, 1949

The Petroleum Act of 1949 in the Philippines aims to prevent waste and conserve petroleum resources by requiring companies to take precautions against leaks and utilize improved methods, while also allowing for the issuance of rules to prevent pollution and damage caused by oil.

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