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 the same period last year, based on...
Aboitiz Power Corporation said it has filed its application with the Securities and Exchange Commission (SEC) for the issuance of Php12 billion in fixed-rate retail bonds to partly finance its 74-megawatt Cayanga-Bugallon...
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil...
Petron Corporation, the country’s largest oil firm, recorded a Php3.87 billion consolidated income in the first half of 2021, a rebound from the Php14.24 billion net loss it suffered in the same...
(UPDATED) Petron Corporation is expecting to finish by the second half of 2022 the construction of a new power plant that will cater to the electricity requirements of its 180,000-barrel per day...
Petron Corporation, the country’s largest oil firm, has resumed operations of its 180,000-barrel per day refinery in Limay, Bataan after nearly four months. Based on a BusinessMirror report, Petron President and CEO...
Petron and Phoenix Petroleum have announced that they raised the prices of its cooking fuel liquefied petroleum gas (LPG) Php5.20 per kilogram or Php57.20 for the standard 11 kilogram cylinder on Thursday....
In what appears to be a turnaround from its original stance, Petron has decided to permanently resume operations of its 180,000 barrels-per-day refinery in Limay, Bataan. At the oil giant’s annual stockholders...
The refinery shutdowns of Petron and Shell led the country’s oil refining output to drop by 41.8% to 5,504 million liters (ML) in 2020 from 9,460 ML in 2019, according to the...
Petron Corporation, the country’s largest oil firm, reported Php1.73 billion income in the first quarter, a reversal, a reversal of its P4.9 billion net loss in the same quarter last year, as...
