Tuesday, 16 September 2025
1 day ago
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.
5 Aug 2025
12:42PM
Ramon Ang-backed Petron holds firm with P5.3-B first half 2025 profit despite oil market drop
Petron Corp. held firm in the first half of 2025, posting a P5.3-billion net income despite weaker oil prices and regional refining margins.
7 Jul 2025
3:44PM
Petron ends P50-B bond plan on a high with P32-B issuance
Petron Corp. has raised P32 billion through its latest bond offering, signaling strong investor support as it wraps up a multi-year P50-billion capital program.
23 Jun 2025
5:44PM
DOE, fuel firms set two-step hike this week to cushion oil price hit
The staggered price increase is intended to ease immediate inflationary pressure, especially on transport and agriculture sectors, according to the Department of Energy.
6 May 2025
1:18PM
Petron reports P4B Q1 2025 profit despite weak oil prices, lower exports
Petron Corporation posted a net income of P4.03 billion in the first quarter of 2025, holding steady despite lower global oil prices and weaker export sales.
2 May 2025
5:10PM
Ramon Ang’s daughter, Petron executive Jacqueline Ang, joins energy giant’s board
Energy giant Petron Corp. has appointed Jacqueline L. Ang to its board of directors, bringing in a new generation leader with deep experience in procurement and finance.
4 Mar 2025
4:35PM
Petron posted strong revenue growth in 2024
Tycoon Ramon S. Ang-led Petron Corp. ended 2024 with solid growth, expanding its local and international reach despite market challenges. Revenues rose 8 percent to P867.97 billion, driven by higher sales and efficiency gains.
20 Feb 2025
3:42PM
Tycoon Ramon Ang celebrates recognition as SMC, Petron, and Ginebra land among Asia-Pacific’s top companies
Conglomerate San Miguel Corp. (SMC) has cemented its status as a business leader, with TIME and Statista naming it and its subsidiaries—Petron Corp. and Ginebra San Miguel Inc. (GSMI)—among the top 500 companies shaping the Asia-Pacific region in 2025.
10 Jan 2025
4:09PM
SMC-backed Petron secures Supreme Court win vs PNOC over disputed landholdings
Tycoon Ramon S. Ang-led Petron Corp. secured a major legal victory as the Supreme Court denied with finality the state-run Philippine National Oil Co.'s (PNOC) motions over disputed landholdings, cementing Petron’s claim to strategically vital properties.
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