Ramon Ang offering government buyback of Petron
- November 9, 2021
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series
Oil refinery production in the country fell by 66.9% to 1,284 million liters (ML) in the first half of this year from 3,878 ML in the same period last year, based on
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil
Pilipinas Shell Petroleum Corporation, the country’s second-largest oil firm, posted a Php1.2 billion profit in the second quarter, a reversal from Php1.12 billion loss in the same period last year, based on its
Pilipinas Shell Petroleum Corporation has filed a motion for a temporary restraining order (TRO) against the government from collecting excise tax on fuel blending additives. In a disclosure to the Philippine Stock
Pilipinas Shell Petroleum Corporation (PSPC) has inaugurated its world-class import terminal in Tabangao, Batangas City, the site of its former refinery, enhancing its capacity to meet fuel demand not just in Metro
The refinery shutdowns of Petron and Shell led the country’s oil refining output to drop by 41.8% to 5,504 million liters (ML) in 2020 from 9,460 ML in 2019, according to the
Pilipinas Shell Petroleum Corporation (PSPC) posted a net income of Php1 billion for the first quarter of 2021, rebounding from its Php5.5 billion loss it had in the same period last year
Pilipinas Shell Petroleum Corporation (PSPC) said that it looks forward to higher earnings this year with the economy slowly opening up. At the firm’s virtual annual stockholders meeting on Monday, PSPC President
Pilipinas Shell Petroleum Corporation has elected retired Bangko Sentral ng Pilipinas (BSP) Gov. Amando Tetangco, Jr. as its new independent director. The announcement was made during Shell’s annual stockholders meeting on Tuesday