Petron marks two straight years of growth; reports P6.7B net income in 2022
Leading oil company Petron Corporation strengthened its recovery momentum in 2022, ending the year with a consolidated net income of P6.7 billion, 9% better than 2021’s P6.1 billion despite navigating a still volatile industry environment. Petron saw its sales volume...
Petron heeds call of DOE, assists in Mindoro Oil Spill
Petron regrets the unfortunate incident involving the oil tanker MT Princess Empress that capsized in Oriental Mindoro early morning on 28 February 2023. However, we wish to clarify that the vessel was not carrying products from the Petron Bataan Refinery nor does...
Petron bags two Golden Arrow Awards for Corporate Governance
Petron Corporation’s excellence in corporate governance was recognized at the ASEAN Corporate Governance Scorecard (ACGS) Arrow Awards of the Institute of Corporate Directors. The company received two Golden Arrows during the event held on January 20. The Golden Arrow...
Petron remains on track to recovery; reports P8.2 billion net income in first nine months
Industry leader Petron Corporation maintained its strong financial performance in the first nine months of the year, reporting a consolidated net income of P8.2 billion, up 64% from last year’s P4.99 billion. Combined sales volume from Petron’s Philippines and...