Wednesday, 5 August 2026
1 day ago
Petron first half 2026 profit pressured as high oil costs outweigh revenue surge
Petron Corp. reported lower first-half earnings despite a sharp jump in revenue, as higher crude prices, import costs and freight rates squeezed refining margins.
27 Jul 2026
10:46AM
Petron to build P340-M fuel farm at Bohol-Panglao airport
Petron Corp. will build and operate a P340-million Jet A-1 fuel farm at the Bohol-Panglao International Airport (BPIA), strengthening fuel supply reliability and supporting the airport's growing domestic and international operations.
7 May 2026
4:12PM
John Paul Ang takes over as Petron president from tycoon Ramon Ang
By: Miguel R. Camus
Petron Corp. is undergoing its biggest leadership restructuring in a decade, with Ramon S. Ang stepping down as president of the country’s largest oil refiner after holding the role since 2015 and handing operational control to his son, John Paul L. Ang.
5 May 2026
9:59PM
Petron Q1 earnings drop as output slows, Ang vows to ‘keep the economy moving’
By: Miguel R. Camus
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
By: Daxim L. Lucas
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
By: Miguel R. Camus
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.
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