PETRON CORPORATION is the largest oil refining and marketing company in the Philippines. Supplying more than a third of the country’s oil requirements. Our world-class products and quality services fuel the lives of millions of Filipinos. We are dedicated and passionate about our vision to be the leading provider of total customer solutions in the energy sector and its derivative businesses.
We operate a refinery in Limay, Bataan, with a rated capacity of 180,000 barrels a day. Our ISO-14001-certified refinery processes crude oil into a full range of petroleum products including LPG, gasoline, diesel, jet fuel, kerosene, industrial fuel oil, solvents, asphalts, and mixed xylene.
From the refinery, we move our products mainly by sea to our 32 depots and terminals situated all over the country. Through this nationwide network, we supply fuel oil, diesel, and LPG to various industrial customers. The power sector is our largest customer.
We also supply jet fuel at key airports to international and domestic carriers.
Through more than 1,200 service stations, we retail gasoline, diesel and kerosene to motorists and public transport operators. We also sell our LPG brand Gasul to households and other consumers through an extensive dealership network.
We operate a state-of-the-art lube oil blending plant at our Pandacan Terminal, where it manufactures lubes and greases. These are also sold through service stations and sales centers.
We are expanding our non-fuels businesses which include our convenience store brand “Treats.” We have partnered with major fast-food chains, coffee shops, and other consumer services to give our customers a one-stop full service experience. We are also putting up additional company-owned and operated service stations in strategic locations.
We are publicly-listed. The Philippine National Oil Company and the Aramco Overseas Company B.V. each owns a 40% share of equity. The remaining 20% is held by close to 190,000 individual stockholders.
More than a decade after privatization, Petron has emerged as the leading oil company in the
country and continues to set standards for the local petroleum industry.
Guided by the 4-core business imperatives of:
1) Protecting leadership in the oil business;
2) Expanding Non-Fuel Businesses;
3) Exploring Overseas Market Expansion; and
4) Diversification into other energy & petroleum business derivatives
Petron continues to evolve which will only strengthen its leadership and ensure
sustained growth in the long-term.
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