Ramon Ang-led Petron Corp. is moving forward with plans to connect its 184.4-megawatt (MW) Refinery Solid Fuel-Fired Boiler (RSFFB) project to the national grid by developing its own point-to-point facilities. The Energy Regulatory Commission (ERC) approved Petron’s application to own and develop...
Across the Philippines, more and more riders are taking to the road on scooters. They are easier to maneuver, making them ideal and practical for navigating traffic or traveling long distances. Whether it’s heading to work, taking care of your family, running errands, or going for a weekend ride...
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...
Market challenges both domestically and internationally have dragged down the profit of Ramon S. Ang-led Petron Corp. for the first half of the year. In a disclosure to the Philippine Stock Exchange on Tuesday, Aug. 5, Petron reported ₱5.3 billion in net income for the first six months of 2025,...
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...
One more from San Miguel Corporation Chairman Ramon S. Ang’s brood of eight children is taking a bigger role in the diversified conglomerate. In a disclosure to the Philippine Stock Exchange, Petron Corporation reported that 39-year-old Jacqueline L. Ang is one of the 12 newly-elected members of...
Petron Corporation has filed its registration statement with the Securities and Exchange Commission in line with its plan to raise ₱32 billion from the issuance of bonds. Philippine Rating Services Corporation (PhilRatings) said it has assigned Petron’s proposed bond issuance of ₱25 billion,...
Ramon Ang-led oil firm Petron Corporation has reported a 16 percent year-on-year drop in its net income to ₱8.47 billion in 2024. In a statement on Tuesday, March 4, Petron noted that its operating income declined to ₱29.2 billion last year from ₱30.7 billion in 2023. Its revenues, on the...
San Miguel Corp. (SMC) head honcho Ramon S. Ang projects continued growth and success for the conglomerate in 2025, building on its recent recognition by TIME magazine. SMC and its subsidiaries, Petron Corp. and Ginebra San Miguel Inc., were all recognized among the top 500 companies in the...
Petron Corporation has filed an application with the Energy Regulatory Commission (ERC) to connect its refinery power plant to a National Grid Corporation of the Philippines (NGCP) substation. According to documents released by the ERC on Jan. 22, Petron submitted its request through the Energy...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
Petron Corporation reported a decline in net income for the first nine months of 2024, as challenges in the international oil market persisted, despite achieving revenue and sales growth. In a statement on Tuesday, Petron reported that its net income dropped to P7.1 billion in the first nine months...
