San Miguel Corporation (SMC) has recently announced the acquisition of Petrogen Insurance Corporation, Petron’s wholly-owned insurance subsidiary, via a Php3 billion equity investment. “With the..
Tag Archives: Petron
More oil traders may see the Philippines as attractive if Petron’s Bataan refinery, the country’s once-largest and the last one standing, closes indeed, according to..
Petron Corporation’s sales volume and revenue may have improved in the third quarter due to the easing of quarantine restrictions, but this was not enough..
An economist believes that the oil refinery industry in the Philippines would make a comeback once the COVID-19 pandemic subsides. In an interview with state-run..
A consumer group said the government must buy Petron Corporation’s 180,000-barrel refinery in Limay, Bataan to prevent the oil giant from closing the facility and..
The Department of Finance (DOF) believes that Petron Corporation’s issues regarding its Bataan refinery is not a tax concern, but rather that of a supply..
The Department of Energy (DOE) is on close watch regarding Petron Corporation’s plan to close its refinery in Limay, Bataan. While the DOE has yet..
Petron Corporation President and CEO Ramon S. Ang said the oil giant will shut down its refinery in Limay, Bataan “very soon” as it continues..
The Court of Tax Appeals (CTA) has rejected a petition for review filed by oil giant Petron Corporation, which sought to refund Php56 million of..
Increasing oil imports resulting from Shell’s decision to close its Batangas refinery would make the Philippines vulnerable to global oil price swings and jacking up..
