Petron supports LPG Bill passage; lauds industry-wide efforts to fight illegal refilling
Petron Corporation, the country’s largest oil company, supports the passage of the LPG Bill now pending in Congress, believing in its potential to help suppress illegal practices in the LPG sector that continue to endanger lives and undermine the rights of consumers....
Slump in demand and collapse in prices hit Petron in first half of 2020
Petron Corporation reported consolidated revenues of P152.4 billion for the first half of 2020, down 40 percent from P254.8 billion in the same period last year. Consolidated sales volume from its Philippine and Malaysian operations also went down 19 percent to 41.9...
Petron donates PPEs as fight against COVID-19 continues
Petron Corporation through Petron Foundation continued with its efforts to assist medical frontliners in the battle against COVID-19. With funds raised from Petron Value Card (PVC) holders and a corresponding contribution from the company, Petron was able to provide...
Petron reports lower revenues for Q1 2020 amidst coronavirus pandemic
Amidst the Covid-19 pandemic, Petron Corporation saw its consolidated revenues decline by 16 percent to P104.6 billion for the first three months of 2020 from the previous year’s P124.6 billion. Combined sales volume for the Philippines and Malaysia was also lower at...