First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion..
Tag Archives: phoenix petroleum
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group..
Dennis Uy-led Phoenix Petroleum announced it will bring its product line of lubricants in Indonesia through its newly established overseas subsidiary Phoenix Petroleum Indonesia. The..
Dennis Uy-led Phoenix Petroleum posted a Php121 million net income in the first quarter of the year, reversing a Php386.3 million loss in the same..
Dennis Uy-led Phoenix Petroleum is setting aside Php1 billion for its capital expenditures (capex) for the next few years. In a disclosure to the Philippine..
Phoenix Petroleum has cut down its capital expenditure (capex) for 2021 to Php800 million, nearly half its Php1.5 billion allocation in 2020 to save cash..
While the Philippines’ two largest oil firms have been slapped with huge losses in 2020 due to the COVID-19 pandemic, Phoenix Petroleum — the country’s..
Dennis Uy-led Phoenix Petroleum Philippines Inc. is looking to unload shares and divest their assets following the impact of the pandemic on oil demand. In..
Phoenix Petroleum Philippines of Davao-based businessman Dennis Uy has clarified that the company is not for sale, though investors are welcome to boost capital for..
Davao-based businessman Dennis Uy is looking to sell Phoenix Petroleum, the country’s third-largest oil player, as the petroleum industry continues to feel the effects of..