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)...
Petron Corporation may be getting its desired sigh of relief for its refinery in Limay, Bataan as the Congress-approved Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill would exempt petroleum refineries...
It will just be a matter of days or less before Petron temporarily shuts down this February its 180,000-barrel per day refinery in Limay, Bataan. In a report by the Manila Standard,...
Petron Corporation’s refinery in Limay, Bataan may have been given a shot in the arm with the announcement of its inclusion in the Freeport Area of Bataan (FAB) on Friday (January 8),...
Petron Corporation clarified on Monday that its 180,000-barrel per day refinery in Limay, Bataan will undergo repairs and checks following its shutdown this January. In a disclosure to the Philippine Stock Exchange,...
Some 50 workers at Petron’s oil refinery in Limay, Bataan have urged the municipal government help avert the closure of the facility by reclassifying it as part of the Freeport Area of Bataan...
The new year may begin with the end of an era in the Philippines’ oil sector, as Petron has confirmed that it will be shutting down in order paxil online in the...
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...
The consortium running the Malampaya gas-to-power project had already paid the government Php311 billion in revenues it earned since beginning commercial operations in 2001, according to Senate energy committee chairman Sherwin Gatchalian....
