Petron Newswire

Comprehensive Real-Time News Feed for Petron.

Results 1 - 20 of 37 in Petron

  1. Are gas companies paying the right taxes?Read the original story

    Thursday Apr 10 | ABS-CBN News

    ... These 7 corporations are Pilipinas Shell Petroleum Corp. (P543 million); Chevron Philippines Inc. (P341 million); Petron Corp. (P299 million); Seaoil Philippines Inc. (P129 million); Unioil Petroleum Philippines Inc. (P107 million); Isla LPG Corp. ...


  2. Petron, Solane roll back LPG pricesRead the original story

    Monday Mar 31 | ABS-CBN News

    MANILA, Philippines Petron Corp. and Solane on Monday said prices of its liquefied petroleum gas products will be slashed on Tuesday.


  3. San Miguel's 2013 Profit Rises 42% on Manila Electric Stake SaleRead the original story

    Thursday Mar 27 | Bloomberg

    ... billion pesos last year, according to the statement. Operating income rose 7 percent to 55.1 billion pesos. Oil unit Petron Corp. on March 24 said net income last year more than doubled to 5.1 billion pesos from 1.78 billion in 2012, boosted by ...


  4. San Miguel 2013 profit surges 210 pct to P53.6-BRead the original story

    Thursday Mar 27 | ABS-CBN News

    ... le maintaining its status as the country's dominant food and beverage firm. It owns controlling stakes in oil refiner Petron Corp, unlisted San Miguel Brewery Inc and has management control of flag carrier Philippine Airlines.


  5. Asian shares mixed after Wall Street sell-offRead the original story

    Thursday Mar 27 |

    ... percent to Tw$75.9. Telecom advanced 1.25 percent to NZ$2.42 and Fletcher Building gained 1.59 percent to NZ$9.57. Petron Corp. fell 12.69 percent to 11.70 pesos, Alliance Global Group slipped 0.52 percent to 28.80 pesos and Universal Robina was ...


  6. MANILA: Philippines' biggest oil refiner raises $120M for plant upgradeRead the original story

    Thursday Mar 27 | Asia News Network

    The Philippines' largest oil refiner and distributor Petron Corp. has raised $120 million from the capital market to complete its oil refinery upgrade program in Bataan,a province in Central Luzon.


  7. Shares of Petron drop after $120M placementRead the original story

    Wednesday Mar 26 | ABS-CBN News

    Shares of Philippine oil firm Petron Corp, a unit of the country's most diversified conglomerate San Miguel Corp, fell as much as 13.6 percent in early trades on Thursday, tracking a discounted price from an overnight private placement.


  8. Petron 2013 net nearly triples on higher salesRead the original story

    Monday Mar 24 | MarketWatch

    Oil refiner and retailer Petron Corp. said Monday 2013 net profit nearly tripled to 5.10 billion Philippine pesos from 1.78 billion pesos booked in 2012, bolstered by higher sales volumes in both the Philippines and Malaysia.


  9. Petron nearly triples profit to P5.1-BRead the original story

    Monday Mar 24 | ABS-CBN News

    MANILA, Philippines Petron Corp. on Monday said it nearly tripled its consolidated net income to P5.1 billion in 2013, from 2012's P1.78 billion income.


  10. Oil companies set price rollback TuesdayRead the original story

    Mar 17, 2014 | Sun-Star

    ... can expect lower fuel prices on Tuesday, March 18, as big oil firms have set price rollback on their products. Petron Corporation and Shell Philippines will cut prices of diesel products by 65 centavos per liter; prices of kerosene to decrease by 70 ...


  11. Oil firms to adjust fuel prices TuesdayRead the original story

    Mar 10, 2014 | ABS-CBN News

    ... oil firms announced on Monday that it will adjust prices of gasoline, diesel, and kerosene products on Tuesday. Petron Corp. and SEAOIL said it will increase prices of gasoline products by P0.10 per liter and rollback prices of kerosene by P0.40 per ...


  12. Petron, PTT to cut diesel, kerosene pricesRead the original story

    Mar 3, 2014 | ABS-CBN News

    MANILA, Philippines Petron Corp. on Monday said it will cut prices of its diesel and kerosene products effective 12:01 a.m. on Tuesday, March 4. Petron said its diesel and kerosene prices will be slashed by P0.30 per liter to reflect movement in the international market.


  13. PNoy attributes hair loss to GMARead the original story

    Feb 28, 2014 | ABS-CBN News

    ... financial crisis and the series of calamities that hit the country. Aquino also informed the OFWs that Manila-based Petron now manages around 300 stations out of the more than 500 retail outlets in Malaysia after the company poured a huge amount of ...


  14. Petron To Invest Over US$1 Billion On Refinery Plant's UpgradesRead the original story

    Feb 27, 2014 | Malaysian National News Agency

    KUALA LUMPUR, Feb 27 -- Petron Corp plans to spend over US$1 billion in the next several years to upgrade its refinery plant in Port Dickson, Negeri Sembilan, and expand the station retail network.


  15. Big oil firms increase pump prices in PhilippinesRead the original story

    Jan 27, 2014 | The Peninsula

    ... per liter and 60 centavos per liter of diesel effective 6am local time, the Philippines News Agency (PNA) said. Petron Corporation and Shell Philippines increased the prices of their diesel by 60 centavos per liter; gasoline by 45 centavos per ...


  16. Petron goes after dealers selling 'illegally-sourced' fuelRead the original story

    Jan 13, 2014 | ABS-CBN News

    Petron Corp. has filed criminal charges against three former station dealers in Bulacan and Pangasinan for selling illegally-sourced fuels which were sold to consumers as Petron-branded products.


  17. Petron seeks up to 3-M barrels of gasoil for Feb-AugRead the original story

    Jan 9, 2014 | ABS-CBN News

    The Philippines' Petron Corp is seeking up to 3 million barrels of gasoil for delivery over February to August, likely due to continued firm domestic demand, industry sources said on Friday.


  18. Don't privatize MCIA: mayorsRead the original story

    Dec 29, 2013 | Sun-Star

    ... past privatization of government facilities resulted to the people's inconvenience. She cited the privatization of Petron Corp. as part of the deregulation of the downstream oil industry, which is sometimes blamed for rising fuel prices. "The ...


  19. Petron To Rebrand Remaining 280 Service Stations By End-2014Read the original story

    Dec 27, 2013 | Malaysian National News Agency

    KUALA LUMPUR, Dec 27 -- Petron Malaysia Refining & Marketing Bhd, a unit of Philippines-based Petron Corp, will rebrand and upgrade its remaining 280 retail service stations by end-2014.


  20. PH seen improving competitiveness rankingRead the original story

    Dec 23, 2013 | ABS-CBN News

    ... bought the consumer business of US-based Del Monte Foods for nearly $1.7 billion in October this year, while Petron Corp. has entered the oil business in Malaysia by establishing Petron Malaysia. "We shouldn't see that as capital going out of the ...