The fuel products of leading oil firm Petron Corporation have been rated ‘top consumer choice’, based on a recent survey carried out by Hongkong-based consumer intelligence firm Standard Insights. Taking cue from that survey outcome, Petron has been bestowed the ‘Consumer Choice Awards’ by...
Leading oil firm Petron Corporation is broadening the retail outlets reach of its new Fiesta Gas 170-gram refillable liquefied petroleum gas (LPG) products in the juicy market of Luzon – that was following its successful debut in Cebu and Metro Manila markets. The LPG product’s market expansion...
Leading oil firm Petron Corporation reported that its consolidated net income in the first quarter this year slightly dropped to P3.4 billion versus last year’s more upbeat bottom line of P3.6 billion due to higher financing cost. “The increase in financing cost was partly tempered by the...
The government’s fuel subsidies to public transport drivers and operators, while needed, is not enough. That is why the government should start thinking of long-term solutions to address the country’s woes on fuel price increases, senatorial candidate Herbert “Bistek” Bautista on Thursday....
Logo TESDA The Technical Education and Skills Development Authority (TESDA) has partnered with Petron Corporation to further boost its automotive training program. The agency recently signed a memorandum of agreement with the said oil company to establish a “state-of-the-art Car Care Center.”...
Senatorial candidate and former Quezon City mayor Herbert “Bistek” Bautista on Wednesday backed calls proposing that the national government buy back Petron Corporation to help temper fuel price increases in the country. Bautista said he supports the plan to buy back Petron, which was once...
San Miguel Corp. (SMC) reported that its group-wide reforestation initiative nationwide has resulted in the planting of 3.8 million trees since 2019 to date. The conglomerate said in a statement that it has recently completed planting over 26,000 trees in Angat, Bulacan together with the town’s...
House Assistant Majority Leader and Cebu Representative Eduardo Gullas on Friday rejected the offer of San Miguel Corporation chief executive Ramon Ang to sell Petron Corp. back to the government through a five-year installment payment scheme. "Thanks, but no thanks. Business tycoon Ramon Ang can...
While the PSEi retreated right after breaching the 7,300 level, the market is seen to try to push it back again if it gets encouraging news from initial corporate earnings results as well as from the new COVID cases reports. “While the local market had a good run this past trading week, it was...
The Securities and Exchange Commission (SEC) has approved the P6 billion market debut of AllDay Marts, Inc. and the P18- billion bond offering of Petron Corporation. 34600 In its meeting last September 23, the Commission En Banc resolved to render effective the registration statements of AllDay...
Top Frontier Investment Holdings Inc., the owner of 67 percent of San Miguel Corporation, reported that its net income soared 802 percent to P28.15 billion in the first half of 2021 from the P4.01 billion net loss suffered in the same period last year. In a disclosure to the Philippine Stock...
Petron Corporation, a unit of San Miguel Corporation, has been assigned by Philippine Rating Services Corporation (PhilRatings) the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook for its proposed bond issuance. The firm is planning to raise up to P18 billion from the planned offering...
