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...
Filipino Olympic boxer Nesthy Petecio will also be getting cash incentives, this time worth Php13 million, for her silver finish in the Tokyo games. Manila Electric Company (MERALCO) and PXP Energy’s Manny...
Major players in the country’s energy sector are giving Hidilyn Diaz a total of Php25 million for bagging the Philippines’ first-ever Olympic gold medal in Tokyo on Monday night. Manny V. Pangilinan,...
SMC Global Power Holdings Corporation (SMCGP), the power generating arm of San Miguel Corporation (SMC), said it will be beefing up its investments in renewable energy (RE) in a bid to significantly...
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 go buy...
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...
