Ramon S. Ang-led Petron Corp. reported a 37 percent surge in net income for the first nine months of the year, driven by higher sales volumes, improved refinery production, and reduced costs. In a statement on Tuesday, Nov. 4, Petron said its net income rose to ₱9.7 billion in January to...
Alabang Country Club has announced on Tuesday, Aug. 5, the temporary closure of its Petron station, located inside the posh Ayala Alabang Village in Muntinlupa, following a reported gas leak incident. In a statement, the upscale, members-only club said that the incident was first reported on...
Senatorial candidate Herbert “Bistek” Bautista on Thursday urged the public to brace for a continued surge in fuel prices as suppliers are likely to hoard stocks to push prices up. The UniTeam senatorial bet noted that oil prices are now being dictated by the ongoing war in Ukraine, the impact...
Senatorial candidate Herbert “Bistek” Bautista on Thursday reiterated his push for the government to buy back oil firm Petron, saying this would serve as a means to lower oil prices down when these tend to go out of control due to some factors. According to Bautista, he has information that the...
Senatorial candidate Herbert “Bistek” Bautista on Monday said buying back Petron from San Miguel Corp. would help foster competition and provide a vehicle for subsidies which the government needs to ensure to mitigate the impact of an oil price surge as tension between Russia and Ukraine...
Philippine leading oil firm Petron Corp. is negotiating for the renewal of a 10-year supply contract for crude oil that shall be fed and processed at its Port Dickson refinery in Malaysia. According to company documents, Petron is “in negotiation for renewal” of its supply contract for Tapis...
