Petron

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Thursday, 7 May 2026
1 day ago

Petron Q1 earnings drop as output slows, Ang vows to ‘keep the economy moving’

San Miguel Corp.-backed Petron Corp. booked a sharp profit drop in the first quarter as refinery outages cut output and rising oil costs squeezed margins.
27 Apr 2026
3:33PM

Petron reclaims key land assets after decade-long battle with state oil firm PNOC

Tycoon Ramon S. Ang-led Petron Corp.’s court victory over state-run Philippine National Oil Co. (PNOC) turned into a last-minute standoff after the state firm refused to accept payment, forcing the court to step in and complete the transfer of key assets.
13 Apr 2026
8:10AM

INSIDER VIEW | Debunking the populist wet dream of a re-nationalized Petron

For the week of April 7 to 13, 2026, Petron’s retail prices were generally below those of Shell and Caltex across key products. This undermines the populist narrative because the same company being blamed for high prices is also operating a major domestic refinery and, in most cases, selling cheaper fuel than their multinational rivals. That demolishes their argument that Petron is driving price pressures.
30 Mar 2026
8:48AM

Petron averts fuel shortage, secures 2.48-M barrels of Russian crude with PH government support

Petron Corp. has secured 2.48 million barrels of Russian crude to stabilize fuel supply after Middle East disruptions blocked key shipments.
27 Mar 2026
11:11PM

Maharlika open to energy partnerships as Ang’s Petron pitch brings back state role question

To many Filipinos, tycoon Ramon S. Ang’s offer to sell back fuel retail and refining giant Petron Corp. to the government feels like déjà vu.
3 Mar 2026
1:38PM

Petron 2025 profit surges 84% to record P15.6B

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.
4 Nov 2025
1:31PM

Ramon Ang ‘optimistic’ as Petron's 9-month 2025 profit up 37% despite weaker oil prices

Petron Corp. defied softer global oil prices as its net income surged 37 percent to P9.7 billion in the first nine months of 2025, driven by higher domestic sales, lower costs, and stronger refinery efficiency.
30 Sep 2025
10:02AM

DOE accredits Petron as first LPG training hub in oil industry

Petron Corp. has scored a first in the oil industry after being accredited by the Department of Energy (DOE) as an official training institution for the liquefied petroleum gas (LPG) sector.
15 Sep 2025
8:54AM

Petron cuts old debt as 70% join $550-M bond swap and buyback

Tycoon Ramon S. Ang-led Petron Corp. convinced nearly 70 percent of holders of its $550-million perpetual securities to join an exchange and tender offer in Singapore, a move that underscores investor backing for its capital restructuring plan.
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