Tag: Petron

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DOE reiterates LIRA compliance to avoid hefty penalties

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Monday called on liquefied petroleum gas (LPG) industry players to comply with the LPG Industry Regulation Act (LIRA) in full to avoid severe penalties, including fines, business closure, and even criminal charges.

Petron to raise up to P32B via peso bond issue

Markets Context.ph Context.ph -
Petron Corp., the Philippines' largest oil company and sole refiner, announced Tuesday that its board has approved a plan to raise up to P32 billion this year through the public offer of peso-denominated retail bonds.

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Fuel shortage threatens Philippine nickel operations

Energy & Mining 0
Nickel mining operations in the Philippines could grind to a halt within 15 to 30 days if fuel supply disruptions persist, industry leaders warned, raising concerns over output and export stability.

PPPI, BCDA partner to make Clark pharma hub

Trade & Investments 0
The Philippine Pharma Procurement, Inc. (PPPI) and the Bases Conversion and Development Authority (BCDA) have joined forces to position Clark as a regional hub for pharmaceutical manufacturing and life sciences.

Port users, exporters back energy relief law

Transport & Logistics 0
Key industry groups, led by the United Portusers Confederation of the Philippines, Inc. (UPC) and Philippine Exporters Confederation, Inc., have voiced strong support for the government’s energy emergency declaration and a new law allowing the suspension or reduction of excise taxes on petroleum products.

Leaders urge long-term cybersecurity strategies for Philippines 

Communications & Technology 0
Long-term, comprehensive cybersecurity strategies took center stage at Filipinnovation, a summit hosted by Concentrix, as industry leaders warned of increasingly complex digital threats facing the Philippines.

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