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...
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...
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...
After more than a year of waiting, the Department of Energy (DOE) has officially approved the sale of Chevron’s 45% share in the Malampaya gas-to-power project to Udenna Corporation of Davao-based magnate...
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...
Roughly two weeks after San Miguel Corporation (SMC) said that it submitted a non-binding offer to purchase the 45% stake of Shell Philippines Exploration B.V. (SPEX) in Malampaya, the diversified conglomerate now...
Petron Corporation’s bottom line indeed took a blow from the COVID-19 pandemic, as it suffered a drastic net loss of Php11.4 billion in 2020, a reverse from its net income of Php2.3...
Following the recent announcement of business tycoon Manny V. Pangilinan, San Miguel Corporation’s (SMC) Ramon Ang said that his conglomerate has also made a formal offer to Shell Philippines Exploration B.V. (SPEX)...
