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 third-largest player — managed to post a...
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 a disclosure to the Philippine Stock Exchange...
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 further expansion. In a report by The...
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 the COVID-19 pandemic. In a report by...
The Department of Energy (DOE) has cancelled Phoenix Petroleum Philippines’ application to build a liquefied natural gas (LNG) facility, according to one of its officials. During a Senate hearing on Tuesday, Energy...
Dennis Uy-led Phoenix Petroleum has gone on a “capital light” expansion while implementing a comprehensive financial management program, as it aims to recover from the effects of the COVID-19 pandemic on its business....
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 an oil executive. Raymond Zorrilla, Senior Vice...
Dennis Uy-led Phoenix Petroleum has posted a net loss of Php95 million from January to September 2020, it said in a disclosure to the Philippine Stock Exchange. The said figure is a...
Phoenix Petroleum Philippines, Inc. of Davao-based tycoon Dennis Uy is now among the country’s “Big Three” oil industry players. Data from the Department of Energy (DOE) in the first half of the...
Phoenix Petroleum Philippines, Inc. posted its best first half yet as it grew income, revenue, and market share in the first six months of 2018. Net income after tax surged by 59%...
