Petron profit falls 56% to P1.8B on shutdowns, oil shock
Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read
Daily TribuneTopic
Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read
Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
· 2 min read
The Department of Energy (DoE) is doing San Miguel Corp.’s petroleum unit, Petron Corp., a huge favor by securing an additional crude supply from Russia, first…
· 2 min read
Fitch Solutions unit, CreditSights, said in a recent report that the benefits of a government buyback decisively outweigh the risks.
· 3 min read
Petron Corp. has procured 2.48 million barrels of crude oil from Russia amid geopolitical upheavals disrupting the country’s traditional Middle East supply…
· 1 min read
Malacañang said Sunday the government has started implementing measures to cushion the impact of global oil supply disruptions, citing new fuel imports and…
· 1 min read
As the call for the government to temporarily take over the operations of oil companies due to the leap-frogging fuel prices — which is far higher than the…
· 3 min read
Business tycoon Ramon S. Ang has put the spotlight back on its standing offer to sell Petron Corp. to the government, pressing the state to decide whether…
· 2 min read
San Miguel Corp. chairman and chief executive officer Ramon Ang said he is willing to sell Petron Corp. to the government if it believes it can better manage…
· 2 min read
Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
· 1 min read
With many countries negatively impacted by the war in the Middle East, everyone will be holding on to or building up their own reserves.
· 3 min read
Petron Corp. capped 2025 with a net income of P15.6 billion, soaring 84 percent from P8.5 billion in 2024.
· 1 min read
A multi-sector initiative has been launched to restore 30 hectares of degraded upland forest in Sitio Daing, Barangay Duale, Limay, Bataan. The Department of…
· 1 min read
Motorists report sightings of the “Tapat Sa’yo” sticker on vehicles in major roads, side streets, and commercial areas. Drivers have raised questions about its…
· 1 min read
Buoyed by strong growth in food, beverage, and infrastructure despite softer fuel and power revenues, diversified conglomerate San Miguel Corp. (SMC) reported…
· 2 min read
Petron Corp. powered through global oil headwinds to post a P9.7-billion net income in the first nine months of the year, a 37 percent jump from P7.1 billion…
· 1 min read
The 2025 DOE-Petron Fuel EcoRun, happening on 24 September 2025 along a designated stretch of the Tarlac-Pangasinan-La Union Expressway (TPLEX), is set to take…
· 1 min read
Tycoon Ramon Ang-led Petron Corp. has persuaded nearly 70 percent of holders of its $550-million perpetual securities to participate in an exchange and tender…
· 3 min read