Shell Pilipinas, one of the country’s major fuel retailers, exited 2025 with stronger earnings, improved cash generation, and lower leverage, building momentum as it heads into 2026 amid global oil volatility and geopolitical tensions in the Middle East.
San Miguel Corp.-backed Petron Corp. posted a record P15.6 billion net income for full-year 2025, up 84 percent from P8.5 billion a year earlier, as stronger refinery operations and tighter cost controls offset softer oil prices and lower revenues.