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...
Petron Corporation has completed the issuance of its unsubordinated capital securities worth $550 million (Php26.7 billion). In a disclosure to the Philippine Stock Exchange on Tuesday, the country’s largest oil firm said...
Petron Corporation, the country’s largest oil firm, is allocating Php11.048 billion for its capital expenditures (capex) for this year, 30.3% higher than the Php8.48 billion capex for 2020. Based on Petron’s final...
Petron Corporation has drafted a final offering for its planned issuance of United States (US) Dollar-denominated senior perpetual capital securities worth $550 million (Php26.7 billion) to settle its debts and to fund...
Petron Corporation plans to offer United States (US) Dollar-denominated senior perpetual capital securities within the year to pay for its debts and for other purposes. In a disclosure to the Philippine Stock...
Petron Corporation is set to build additional components in its 180,000 barrel-per-day refinery in Limay, Bataan as part of efforts to shift to cleaner technology and accelerate the transfer of goods, as...
The provision exempting local oil refineries from paying taxes and duties on crude oil imports was retained by Pres. Rodrigo Duterte in his approval of Republic Act 11534 or the Corporate Recovery...
Petron Corporation has committed to reopen its 180,000-barrel per day refinery in Limay, Bataan this July amid low fuel demand due to the COVID-19 pandemic. Petron President and CEO Ramon Ang said...
Petron Corporation has appointed John Paul Ang, the eldest son of its President and CEO Ramon Ang, as a member of its board of directors In a disclosure to the Philippine Stock...
