The country’s net oil imports drastically increased by 87.9% to $11.15 billion in 2021 from $5.93 billion in 2020, slightly beating that of pre-pandemic levels,..
Tag Archives: Petron
With the Russia-Ukraine conflict in its second month, Petron – the Philippines’ largest oil firm – said that its oil supply remains stable, at least..
Petron Corporation, the country’s largest oil firm, registered a net income of Php6.14 billion in 2021, a reversal from the Php11.4 billion net loss in..
A month after Typhoon Odette slammed Visayas and Mindanao, Petron Corporation said it has fully resumed operations of its terminals and stations in the said..
Petron Corporation’s executive committee has authorized the offer and issue of dollar-denominated senior notes worth up to $500 million to fund its 184-megawatt (MW) power..
The Department of Energy (DOE) has sent inspectors from its field offices to check on the reported surge in fuel prices despite an assurance that..
Petron, the country’s largest oil firm, ended the first nine months with a consolidated net income of Php4.99 billion, reversing the Php12.6 billion net loss..
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to..
Petron Corporation, the country’s largest oil firm, has completed the sale of its fixed-bond rates worth Php18 billion partly to finance its new power plant..
Oil refinery production in the country fell by 66.9% to 1,284 million liters (ML) in the first half of this year from 3,878 ML in..
