Phoenix grows market share, still among “Big 3”
- July 19, 2021
Dennis Uy-led Phoenix Petroleum said that it further increased its market share, based on data from the Department of Energy. As of May 25, the Davao-based oil firm holds 7.81% of the
Dennis Uy-led Phoenix Petroleum said that it further increased its market share, based on data from the Department of Energy. As of May 25, the Davao-based oil firm holds 7.81% of the
Petron and Phoenix Petroleum have announced that they raised the prices of its cooking fuel liquefied petroleum gas (LPG) Php5.20 per kilogram or Php57.20 for the standard 11 kilogram cylinder on Thursday.
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to
Dennis Uy-led Phoenix Petroleum announced it will bring its product line of lubricants in Indonesia through its newly established overseas subsidiary Phoenix Petroleum Indonesia. The oil firm’s lubricant brand PNX Lubricants will
Dennis Uy-led Phoenix Petroleum posted a Php121 million net income in the first quarter of the year, reversing a Php386.3 million loss in the same period last year, when the COVID-19 pandemic
Dennis Uy-led Phoenix Petroleum is setting aside Php1 billion for its capital expenditures (capex) for the next few years. In a disclosure to the Philippine Stock Exchange on Wednesday, the country’s third-largest
Phoenix Petroleum has cut down its capital expenditure (capex) for 2021 to Php800 million, nearly half its Php1.5 billion allocation in 2020 to save cash and rationalize spending. Based on a report
While the Philippines’ two largest oil firms have been slapped with huge losses in 2020 due to the COVID-19 pandemic, Phoenix Petroleum — the country’s third-largest player — managed to post a
Dennis Uy-led Phoenix Petroleum Philippines Inc. is looking to unload shares and divest their assets following the impact of the pandemic on oil demand. In a disclosure to the Philippine Stock Exchange