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...
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...
